AXS funding rates

AXS perpetual funding is currently quoted across 9 venues, ranging from -29.3% to +45.7% APR. The most reliable delta-neutral pairing for AXS right now is long Hyperliquid / short Variational at +30.8% net APR (low risk, ~1.4d to break even).

as of 2026-07-29 10:40 UTC
Best delta-neutral pairing
Long Hyperliquid / Short Variational
+30.8% net APR
Backtested (30d)
-6.8%
Stability
62%
Risk
low
Breakeven
~1.4d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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AXS funding by exchange

ExchangeFunding APR
Kraken+45.69%
dYdX+10.95%
Variational+10.95%
Grvt+10.95%
Aster+10.95%
Paradex-2.62%
Lighter-11.39%
SoDEX-17.53%
Hyperliquid-29.33%

Frequently asked

What is the AXS funding rate right now?

AXS perpetual funding ranges from -29.33% to 45.69% APR across 9 exchanges we track; the widest delta-neutral spread is long Hyperliquid / short Variational at 30.8% net APR.

Which exchange has the highest AXS funding rate?

Kraken currently has the highest at 45.69% APR. See the full ranking above.