Borrow ALGO: rates on every exchange
Annualised margin borrow rates for ALGO at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-11-11 23:11 UTC
ALGO borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Binance | 2.43% | 2.42% | 2.39% | 2.43% | $8.4K | not published | Borrowable |
| Bybit | 2.81% | 2.81% | 2.91% | 2.81% | $119K | not published | Borrowable |
| Bitget | 1.89% | 4.30% | 4.41% | 4.30% | $221.8K | $33.3K | Borrowable |
| Gate | 4.49% | 4.58% | 4.55% | 4.58% * | $30K | not published | Borrowable |
| OKX | 13.60% | 13.51% | 13.65% | 13.60% | $28.4K | not published | Borrowable |
Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees. * Gate: rate × the published VIP multiplier (inferred).
Reverse carry on ALGO: borrow and sell spot, long the perp
No reverse ALGO carry nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
ALGO perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | ALGO |
Questions
Where is it cheapest to borrow ALGO?
Binance, at 2.43% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend ALGO.
Can I earn negative funding on ALGO by borrowing it?
Not right now: no reverse ALGO carry covers its borrow interest, fees and slippage at $10,000 for 7 days.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.