# AXS funding rates and arbitrage

Updated 2026-10-29 19:06 UTC · https://afterfees.xyz/coin/AXS

## Best AXS arbitrage after every cost

No AXS pair nets a profit at this size right now.

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

## AXS funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Extended](https://afterfees.xyz/venues/extended) | AXS-USD | 0.0013% | 1 h | +11.4% | +2.7% | $10K | 2026-10-29 20:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | AXSUSDTM | 0.0050% | 4 h | +10.9% | +11.0% | $614.7K | 2026-10-29 20:00 |
| [Nado](https://afterfees.xyz/venues/nado) | AXS-PERP_USDT0 | 0.0013% | 1 h | +10.9% | — | $0 | 2026-10-29 20:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | AXS_USDT | 0.0050% | 4 h | +10.9% | +3.1% | $4.1M | 2026-10-29 20:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | AXS_PERP | 0.0050% | 4 h | +10.9% | +11.0% | $1.2M | 2026-10-29 20:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | AXSUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $2.4M | 2026-10-29 20:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_AXS_USDT | 0.0050% | 4 h | +10.9% | +3.2% | $9.3K | 2026-10-29 20:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | AXSUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-29 20:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | AXS-USDT | 0.0050% | 4 h | +10.9% | +12.1% | $1.9M | 2026-10-29 20:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | AXS_USDT_Perp | 0.0050% | 4 h | +10.9% | +5.2% | $662.6K | 2026-10-29 20:00 |
| [Aster](https://afterfees.xyz/venues/aster) | AXSUSDT | 0.0050% | 4 h | +10.9% | +7.6% | $175.1K | 2026-10-29 20:00 |
| [Variational](https://afterfees.xyz/venues/variational) | AXS-PERP | 0.0100% | 8 h | +10.9% | — | $27.2K | 2026-10-30 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | AXSUSDT | 0.0050% | 4 h | +10.9% | +3.2% | $5.4M | 2026-10-29 20:00 |
| [Gate](https://afterfees.xyz/venues/gate) | AXS_USDT | 0.0100% | 8 h | +10.9% | +8.6% | $473K | 2026-10-30 00:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | AXS | 0.0013% | 1 h | +10.9% | +7.9% | $406.7K | 2026-10-29 20:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | AXS | 0.0012% | 1 h | +10.5% | +10.6% | $5.5K | 2026-10-29 20:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | AXS-USDT | 0.0042% | 4 h | +9.1% | +3.7% | $253.4K | 2026-10-29 20:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | AXSUSDT | 0.0039% | 4 h | +8.4% | +2.3% | — | 2026-10-29 20:00 |
| [OKX](https://afterfees.xyz/venues/okx) | AXS-USDT-SWAP | 0.0036% | 4 h | +7.9% | −5.0% | $1.1M | 2026-10-29 20:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | AXSUSDT | 0.0010% | 8 h | +1.0% | +0.5% | $1.7M | 2026-10-30 00:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | AXSUSD-PERP | -0.0012% | 1 h | −10.4% | −48.7% | $1.4K | 2026-10-29 20:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | AXS-USDC | -0.0027% | 1 h | −23.4% | — | $26.7K | 2026-10-29 20:00 |
| [Bitfinex](https://afterfees.xyz/venues/bitfinex) | tAXSF0:USTF0 | -0.0263% | 8 h | −28.8% | — | $152 | 2026-10-30 00:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_AXSUSD | -0.0125% | 1 h | −109.6% | −3.7% | $134.1K | 2026-10-29 20:00 |

## Borrow AXS to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.80% | — |
| Bybit | 8.26% | — |
| OKX | 10.72% | — |
| Binance | 19.77% | — |
| Gate | 20.90% | $20K |

## Cost to enter $10,000 of AXS

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| GRVT | AXS_USDT_Perp | 10.9 bp | order-book snapshot, 28 min old |
| MEXC | AXS_USDT | 4.5 bp | top of book only |
| Variational | AXS-PERP | 4.8 bp | top of book only |
| Extended | AXS-USD | 5.2 bp | top of book only |
| Binance | AXSUSDT | 5.5 bp | top of book only |
| BingX | AXS-USDT | 5.5 bp | top of book only |
| OKX | AXS-USDT-SWAP | 5.5 bp | top of book only |
| BloFin | AXS-USDT | 6.5 bp | top of book only |
| Bybit | AXSUSDT | 7.1 bp | top of book only |
| Aster | AXSUSDT | 10.5 bp | top of book only |
| Gate | AXS_USDT | 11.3 bp | top of book only |
| Bitget | AXSUSDT | 11.4 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on AXS

- [Borrow AXS: rates on every exchange](https://afterfees.xyz/borrow/AXS)
- [AXS transfer arbitrage](https://afterfees.xyz/transfers/AXS)

## Questions

**Is AXS funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no AXS pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest AXS funding rate?**

Extended at +11.4% a year (0.0013% every 1 h); the lowest is Kraken at −109.6%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_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._