AXS is showing a significant funding anomaly (-0.0772%) despite a positive 24h performance (+1.44%) and increasing Open Interest (OI_1h +1.08%). This creates a classic 'bear trap' scenario where the market is heavily positioned against the asset while the price remains resilient. The presence of negative funding with rising OI often precedes a localized short squeeze as sellers are forced to cover in a low-volatility environment.