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AfterFees

Borrow rates · ALT

Borrow ALT: rates on every exchange

Annualised margin borrow rates for ALT at VIP 0, and whether borrowing it to collect negative funding pays after every cost.

Updated 2026-11-11 23:04 UTC

ALT borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Binance34.22%34.22%43.52%34.22%$3.6Knot publishedBorrowable
Bybit36.67%36.77%41.17%36.77%$2.6Knot publishedBorrowable
Gate58.45%59.83%70.12%59.83% *$30Knot publishedBorrowable

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 ALT: borrow and sell spot, long the perp

No reverse ALT 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.

ALT perps, most negative funding first

ExchangeContractRateEveryAnnualised
HyperliquidALT-0.0053%1 h−46.6%
BingXALT-USDT0.0017%4 h+3.7%
BybitALTUSDT0.0050%4 h+10.9%
KuCoinALTUSDTM0.0050%4 h+10.9%
PhemexALTUSDT0.0050%4 h+10.9%
MEXCALT_USDT0.0050%4 h+10.9%
WhiteBITALT_PERP0.0050%4 h+10.9%
BitgetALTUSDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinALT

Questions

Where is it cheapest to borrow ALT?

Binance, at 34.22% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend ALT.

Can I earn negative funding on ALT by borrowing it?

Not right now: no reverse ALT 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.