Bybit AXIS perpetual
AXISUSDT
As of 2026-10-21 21:08 UTC, AXISUSDT on Bybit has a collected rate of -0.2545% over 4h, or -557.32% simple annualised; its collected settlement interval is 4h, with up to 20x leverage. Gate has a lower rate for longs at -1187.20%.
Settled rates over the past 30 days
Settled funding for AXISUSDT
The latest 30-day window contains 2 settlements covering 8 known-period hours, with a cumulative rate of -0.5359%. The latest 2 settlements are shown below.
| Settlement time (UTC) | Rate | Rate period |
|---|---|---|
| 2026-10-21 16:00 | -0.5409% | 4h |
| 2026-10-21 12:00 | +0.0050% | 4h |
The cumulative rate sums actual settlements with known periods. Positive totals mean net payment by longs and receipt by shorts; negative totals reverse the direction. If notional value changed, multiplying the current position by this total will not reproduce account cash flows. Historical rates do not predict returns.
What does this rate mean for a 10,000 USDT position?
For AXISUSDT, 10,000 USDT of notional × -0.254483% gives 25.4483 USDT over the quoted 4h rate period: longs receive and shorts pay. This is a constant-rate illustration, not a settled bill or a forecast. Use the actual settlement rate and notional at each settlement; leverage is not multiplied again. Trading fees are separate.
Further readingHow liquidation price is calculated: tiered maintenance margin and deductionsHow funding fees work: amounts, signs and settlement
Contract specification
Quote currency: USDT · Settlement currency: USDT · Settlement interval: 4h (00:00 · 04:00 · 08:00 · 12:00 · 16:00 · 20:00 UTC). Lot size uses the venue’s original order unit; the calculator takes base-asset quantity. Settlement intervals and times on every venue.
The same asset elsewhere
| Venue | Contract | Rate period | Annualised |
|---|---|---|---|
| Gate | AXIS_USDT | 4h | -1187.20% |
| OKX | AXIS-USDT-SWAP | 4h | -621.49% |
| Bybit this page | AXISUSDT | 4h | -557.32% |
| Aster | AXISUSDT | 1h | -304.99% |
| Bitget | AXISUSDT | 4h | -218.78% |
Common questions
What is the Bybit AXIS funding rate?
The latest collected Bybit AXIS funding rate is -0.2545% per 4h rate period, or -557.32% simple annualised. At this rate shorts pay longs.
How often is funding charged on Bybit AXIS?
The collected settlement interval is 4h, normally 6 times a day. Settlements fall at 00:00, 04:00, 08:00, 12:00, 16:00 and 20:00 UTC, the same times in UTC+8. Venues can change it again; confirm the next settlement time on the venue's contract page.
What is the maximum leverage on Bybit AXIS?
The collected leverage cap for Bybit AXIS is 20x, with 0 margin tiers shown.
Which venue has the lowest AXIS funding cost for longs?
For a long position, Gate currently has the lowest rate at -1187.20% annualised; this page's Bybit is at -557.32%. Negative funding pays longs. Trading costs are excluded, and the cash-flow direction reverses for shorts.
What has Bybit AXIS funding paid over the past 30 days?
Settlements over the past 30 days annualise to -586.79% across 2 settlements, 50% of which were negative (shorts paying). That is what already happened, not a forecast.
Observation time and verification
This contract’s funding was observed at 2026-10-21 21:08 UTC; an unsettled quote may still change. A dash denotes missing usable data, not zero. Bybit official data source · Funding methodology
History coverage for this contract
2 settlements are available, covering 8 known-period hours, from 2026-10-21 12:00 to 2026-10-21 16:00 UTC. Annualisation uses those covered hours; a full 30-day record is not implied.