# AXS funding rates and arbitrage

Updated 2026-11-11 23:34 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 |
|---|---|---|---|---|---|---|---|
| [BingX](https://afterfees.xyz/venues/bingx) | AXS-USDT | 0.0100% | 4 h | +21.9% | +12.8% | $618.3K | 2026-11-12 00:00 |
| [Bitfinex](https://afterfees.xyz/venues/bitfinex) | tAXSF0:USTF0 | 0.0151% | 8 h | +16.5% | — | $159 | 2026-11-12 00:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | AXSUSDT | 0.0100% | 8 h | +10.9% | +8.2% | $1.3M | 2026-11-12 00:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | AXSUSDTM | 0.0050% | 4 h | +10.9% | +10.9% | $509.9K | 2026-11-12 00:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | AXS_PERP | 0.0050% | 4 h | +10.9% | +11.0% | $864.1K | 2026-11-12 00:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | AXSUSDT | 0.0050% | 4 h | +10.9% | +11.0% | $2.2M | 2026-11-12 00:00 |
| [Nado](https://afterfees.xyz/venues/nado) | AXS-PERP_USDT0 | 0.0013% | 1 h | +10.9% | +11.2% | $0 | 2026-11-12 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | AXSUSDT | 0.0050% | 4 h | +10.9% | +10.7% | $126K | 2026-11-12 00:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | AXS | 0.0013% | 1 h | +10.9% | +8.2% | $252.6K | 2026-11-12 00:00 |
| [Variational](https://afterfees.xyz/venues/variational) | AXS-PERP | 0.0100% | 8 h | +10.9% | +11.4% | $16.9K | 2026-11-12 00:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | AXS | 0.0012% | 1 h | +10.5% | +7.1% | $6.3K | 2026-11-12 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | AXSUSDT | 0.0031% | 4 h | +6.7% | +7.1% | $3.6M | 2026-11-12 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | AXSUSDT | 0.0029% | 4 h | +6.4% | +6.5% | — | 2026-11-12 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | AXSUSDT | 0.0029% | 4 h | +6.3% | +9.2% | — | 2026-11-12 00:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_AXS_USDT | 0.0029% | 4 h | +6.3% | +7.1% | $7.9K | 2026-11-12 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | AXS_USDT | 0.0028% | 4 h | +6.1% | +7.1% | $990.5K | 2026-11-12 00:00 |
| [Extended](https://afterfees.xyz/venues/extended) | AXS-USD | 0.0007% | 1 h | +6.1% | +7.5% | $8.7K | 2026-11-12 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | AXS_USDT | 0.0056% | 8 h | +6.1% | +10.0% | $422.1K | 2026-11-12 00:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | AXS-USDT | 0.0027% | 4 h | +5.8% | +6.8% | $175.7K | 2026-11-12 00:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | AXS-USDC | 0.0004% | 1 h | +3.3% | — | $2.1K | 2026-11-12 00:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_AXSUSD | 0.0003% | 1 h | +2.6% | −19.9% | $120.3K | 2026-11-12 00:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | AXS_USDT_Perp | -0.0044% | 4 h | −9.6% | +6.9% | $559.2K | 2026-11-12 00:00 |
| [OKX](https://afterfees.xyz/venues/okx) | AXS-USDT-SWAP | -0.0094% | 4 h | −20.6% | −3.1% | $1.1M | 2026-11-12 00:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | AXSUSD-PERP | -0.0099% | 1 h | −86.4% | −51.6% | $1.4K | 2026-11-12 00:00 |

## Borrow AXS to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.72% | — |
| Bybit | 8.74% | — |
| OKX | 14.20% | — |
| Binance | 17.79% | — |
| Gate | 21.25% | $20K |

## Cost to enter $10,000 of AXS

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | AXS_USDT | 3.3 bp | top of book only |
| Variational | AXS-PERP | 3.8 bp | top of book only |
| Extended | AXS-USD | 4.3 bp | top of book only |
| OKX | AXS-USDT-SWAP | 5.6 bp | top of book only |
| BingX | AXS-USDT | 5.6 bp | top of book only |
| GRVT | AXS_USDT_Perp | 6.4 bp | top of book only |
| Bybit | AXSUSDT | 6.8 bp | top of book only |
| Binance | AXSUSDT | 6.9 bp | top of book only |
| BloFin | AXS-USDT | 7.9 bp | top of book only |
| Lighter | AXS | 8.2 bp | top of book only |
| Gate | AXS_USDT | 8.8 bp | top of book only |
| Aster | AXSUSDT | 9.7 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)

## 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?**

BingX at +21.9% a year (0.0100% every 4 h); the lowest is Crypto.com at −86.4%. 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._