AXS funding rate on Variational

Funding APR
-18.12%
-0.0165% / 8h
Interval
8h
next 16:00 UTC
Direction
Shorts pay
shorts pay longs
Venues tracked
8
listing this pair

Over the last 30 days, AXS funding on Variational averaged -10.5% APR and stayed positive 26.6% of the time, ranging from -73.2% to +10.9%. Right now it pays shorts pay longs at -18.1% APR, settled every 8h across 8 venues we track. The most reliable delta-neutral pairing for AXS right now is long Kraken / short Lighter at +28.4% net APR (high risk, ~1.7d to break even).

as of 2026-06-14 08:24 UTC

AXS funding history on Variationallast 30d

30d average
-10.49%
Range
-73% / 11%
% positive
26.6%
Volatility
16.2
Best delta-neutral pairing
Long Kraken / Short Lighter
+28.4% net APR
Backtested (30d)
+32.6%
Stability
95.4%
Risk
high
Breakeven
~1.7d

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

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How AXS funding compares across venues

ExchangeFunding APR
Hyperliquid+10.95%
dYdX+10.95%
Aster+10.95%
Grvt+10.95%
Lighter+10.51%
Paradex-10.42%
Variational-18.12%
Kraken-25.47%

Frequently asked

What is the current AXS funding rate on Variational?

AXS on Variational is funding at -18.12% APR (-0.0165% every 8h), paid shorts pay longs, as of 2026-06-14 08:24 UTC.

How often does Variational pay funding on AXS?

Every 8 hours.

How do I earn AXS funding without price risk?

Open a delta-neutral position: long Kraken and short Lighter, currently 28.4% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy