Retained incident replay

AXS funding pressure is extreme

What happened

Absolute hourly funding is 4.37 bps

Why it matters

This deterministic condition affected AXS on native. It is evidence to review, not proof that a loss or manipulation occurred.

Lifecycle

• Status active; severity warning
• Detected 2026-08-21T00:06:16.013Z
• Current cycle 2026-10-04T02:01:44.692Z

Recommended action

Compare the current oracle, mark, liquidity, funding, exposure, coverage, and freshness before changing a position or operating decision.

Open AXS market evidence

{
  "currentHourlyRateBps": -4.3655,
  "annualizedRatePercent": -382.42,
  "sampleCount": 876,
  "historySource": "market-contexts",
  "absolutePercentile": 99.89,
  "directionalPersistencePercent": 5.94
}