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AfterFees

Borrow rates · AXS

Borrow AXS: rates on every exchange

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

Updated 2026-11-11 23:04 UTC

AXS borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget1.71%1.72%1.82%1.72%$153.7K$61.7KBorrowable
Bybit8.64%8.52%8.85%8.64%$3.8Knot publishedBorrowable
OKX14.10%14.20%15.19%14.20%$4.9Knot publishedBorrowable
Binance17.71%17.79%18.07%17.79%$4.8Knot publishedBorrowable
Gate21.11%21.25%25.62%21.25% *$20Knot 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. * Gate: rate × the published VIP multiplier (inferred).

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

No reverse AXS 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.

AXS perps, most negative funding first

ExchangeContractRateEveryAnnualised
OKXAXS-USDT-SWAP-0.0086%4 h−18.8%
GRVTAXS_USDT_Perp-0.0044%4 h−9.6%
KrakenPF_AXSUSD0.0003%1 h+2.6%
GateAXS_USDT0.0045%8 h+4.9%
BloFinAXS-USDT0.0024%4 h+5.3%
BinanceAXSUSDT0.0047%4 h+10.3%
LighterAXS0.0012%1 h+10.5%
MEXCAXS_USDT0.0048%4 h+10.5%

Coins

Funding rates and every arbitrage on this coinAXS

Questions

Where is it cheapest to borrow AXS?

Bitget, at 1.72% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend AXS.

Can I earn negative funding on AXS by borrowing it?

Not right now: no reverse AXS 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.