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AfterFees

Borrow rates · AXL

Borrow AXL: rates on every exchange

Annualised margin borrow rates for AXL at VIP 0, and whether borrowing it to collect negative funding pays after every cost.

Updated 2026-10-29 20:27 UTC

AXL borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget6.57%6.82%8.79%6.82%$110.7K$26.8KBorrowable
Bybit42.64%42.59%42.59%42.64%$2.6Knot publishedBorrowable
Binance77.86%69.04%66.29%77.86%$1.9Knot publishedBorrowable

Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees.

Reverse carry on AXL: borrow and sell spot, long the perp

No reverse AXL carry nets a profit at this size right now.

At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.

AXL perps, most negative funding first

ExchangeContractRateEveryAnnualised
BybitAXLUSDT-0.0342%4 h−74.9%
BloFinAXL-USDT0.0039%4 h+8.6%
KuCoinAXLUSDTM0.0050%4 h+10.9%
MEXCAXL_USDT0.0050%4 h+10.9%
BitgetAXLUSDT0.0050%4 h+10.9%
BingXAXL-USDT0.0050%4 h+10.9%
AsterAXLUSDT0.0050%4 h+10.9%
BinanceAXLUSDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinAXL

Questions

Where is it cheapest to borrow AXL?

Bitget, at 6.82% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend AXL.

Can I earn negative funding on AXL by borrowing it?

Not right now: no reverse AXL carry covers its borrow interest, fees and slippage at $10,000 for 7 days.

The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.