> For the complete documentation index, see [llms.txt](https://support.power.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://support.power.trade/trading/perpetuals/perpetuals-contract-specifications/axs-perpetual-futures-on-powertrade-funding-rate-contract-specs-and-trading-guide.md).

# AXS Perpetual Futures on PowerTrade – Funding Rate, Contract Specs & Trading Guide

Trade **AXS perpetual futures** on [**PowerTrade**](https://power.trade) with **zero fees**, **hourly settlements**, and **benchmark-aligned funding rates** powered by the **CoinGecko AXS/USDC Index**.\
AXS perpetuals let traders **speculate or hedge Axie Infinity price movements** using **leverage**, **multi-collateral margining**, and **transparent, reproducible funding**.

👉 **Start trading AXS Perpetual Futures now on** [**PowerTrade**](https://power.trade) **or its decentralized counterpart** [**Polaris**](https://polaris.trade)**.**

***

### What Are AXS Perpetual Futures?

**AXS perpetual futures** are leveraged derivatives that allow traders to take **long** or **short** positions on **Axie Infinity (AXS)** without owning the underlying token.

* **Long AXS Perpetual:** Profit when AXS price rises.
* **Short AXS Perpetual:** Profit when AXS price falls.

Unlike traditional futures, **AXS perpetuals never expire**. Instead, they use **hourly funding payments** exchanged between long and short traders to maintain alignment with AXS’s global spot price.

***

### AXS Perpetual Contract Specifications

| Parameter                | Details                      |
| ------------------------ | ---------------------------- |
| **Instrument Name**      | AXS-PERPETUAL                |
| **Underlying Asset**     | Axie Infinity (AXS)          |
| **Settlement Currency**  | USDC                         |
| **Leverage**             | Up to 100×                   |
| **Settlement Frequency** | Hourly                       |
| **Trading Fees**         | 0% maker / taker             |
| **Collateral Options**   | BTC, ETH, and stablecoins    |
| **Margin Mode**          | Isolated or Portfolio Margin |

PowerTrade perpetuals combine **zero-fee trading**, **multi-collateral margining**, and **benchmark-aligned transparency**, designed for both **institutional** and **retail** traders.

***

### AXS Perpetual Funding Rate Explained

PowerTrade’s **AXS funding rate** ensures perpetual contract prices stay aligned with the **AXS/USDC index**, derived from [**CoinGecko**](https://www.coingecko.com/en/coins/axie-infinity).

**Funding Rate Formula:**

```
F = P + clamp(I – P, +0.05%, –0.05%)
```

Where:

* **P (Premium Index):** Difference between the market price and index price.
* **I (Interest Rate):** 0.01% per 8 hours (applied hourly).
* **Clamp:** Restricts adjustments to ±0.05% to prevent extreme funding volatility.

Funding is applied **hourly** and only affects positions open at settlement.\
Close your position before funding time to **avoid paying funding fees**.

👉 **Learn more:** PowerTrade Funding Rate Calculation Guide

***

### AXS/USDC Index Price Methodology

The **AXS/USDC Index** represents the fair global market value of Axie Infinity (AXS) against USDC, using aggregated spot data from **CoinGecko’s composite index feed**.

📊 **Reference Source:** [Axie Infinity (AXS) on CoinGecko](https://www.coingecko.com/en/coins/axie-infinity)

#### Purpose of the Index

The index provides the **reference rate** for AXS perpetual contracts, ensuring **mark prices** and **liquidation levels** reflect the global market — not the movements of any single exchange.\
This guarantees fairness, transparency, and price consistency.

#### Index Construction

CoinGecko’s composite index aggregates AXS/USDC (and equivalent) spot prices from top exchanges and weights them based on:

* 24-hour trading volume and liquidity depth
* Exchange reliability and uptime
* Price consistency relative to the global average

Outlier and stale data are automatically removed.\
PowerTrade integrates this verified CoinGecko feed to maintain transparent mark pricing.

#### Fallback Mechanism

If CoinGecko’s feed becomes unavailable, PowerTrade switches to an **internal pre-market index** based on **bid/ask data** from the AXS perpetual order book.\
This ensures continuous and accurate mark pricing even during external data disruptions.

***

### Mark Price and Liquidation Logic

PowerTrade uses a **mark price** mechanism that smooths volatility and ensures fair liquidation calculations:

```
Mark Price = Index Price + EMA(Market Price – Index Price)
```

* The **EMA (Exponential Moving Average)** is calculated over a 15-second period to reduce short-term price noise.
* This helps prevent unnecessary liquidations during volatile conditions.

**PnL Formulas:**

* **Long AXS:** `PnL = Position Size × (Mark Price – Entry Price)`
* **Short AXS:** `PnL = Position Size × (Entry Price – Mark Price)`

**Liquidation Trigger:**\
`Account Balance + Unrealized PnL ≤ Maintenance Margin`

When triggered:

1. Open orders are canceled.
2. Positions are closed at market.
3. The **insurance fund** and **auto-deleveraging (ADL)** system maintain platform stability.

***

### Why Trade AXS Perpetual Futures on PowerTrade?

✅ **0% Trading Fees** – Zero maker/taker fees on all perpetual markets.\
✅ **Hourly Funding** – More frequent and transparent than 8-hour cycles.\
✅ **Benchmark-Aligned Pricing** – CoinGecko-based index ensures fairness.\
✅ **Multi-Collateral Margining** – Use BTC, ETH, or stablecoins for margin.\
✅ **Portfolio Margin** – Cross-margin between perpetuals and options.\
✅ **Trade Anywhere** – Available on [PowerTrade (CEX)](https://power.trade) and [Polaris (DEX)](https://polaris.trade).

PowerTrade’s AXS perpetuals combine **deep liquidity**, **transparent pricing**, and **institutional-grade execution**, ideal for both active and professional traders.

***

### Example AXS Perpetual Use Cases

1️⃣ **Hedge AXS Spot Exposure**\
Protect your AXS holdings by shorting AXS perpetuals.

2️⃣ **Leverage Trading**\
Use up to 100× leverage to amplify directional exposure.

3️⃣ **Funding Rate Arbitrage**\
Take advantage of funding rate differences across exchanges.

4️⃣ **Volatility Trading**\
Speculate on AXS’s price swings with zero trading fees.

***

### Funding Transparency and Reproducibility

PowerTrade ensures **complete transparency** — all funding rates are **reproducible** using public index and order-book data.\
This allows traders to verify every rate independently, reinforcing trust and fairness.

👉 **See details:** PowerTrade Perpetual Funding Rate Methodology

***

### How to Start Trading AXS Perpetuals

1. **Create an account** on [PowerTrade](https://power.trade) or [Polaris](https://polaris.trade).
2. **Deposit collateral** – USDC, BTC, or ETH.
3. **Select AXS-PERPETUAL** from the markets list.
4. **Trade instantly** with 0% fees and hourly funding transparency.

***

### Conclusion

PowerTrade’s **AXS Perpetual Futures** deliver the most efficient, transparent, and cost-effective way to trade Axie Infinity with leverage.\
Whether you’re **hedging**, **arbitraging**, or **speculating on volatility**, **PowerTrade** and **Polaris** offer the most advanced and liquid AXS perpetual markets in crypto.

👉 **Start trading AXS perpetuals today on** [**PowerTrade**](https://power.trade) **or** [**Polaris**](https://polaris.trade)**.**


---

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