# Borrow APE: rates on every exchange

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

Updated 2026-11-11 23:16 UTC · https://afterfees.xyz/borrow/APE

## APE borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bitget](https://afterfees.xyz/venues/bitget) | 3.36% | 2.12% | 1.31% | 3.36% | $135.1K | $344.3K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 10.02% | 9.99% | 9.99% | 10.02% | $9K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 11.41% | 11.10% | 10.92% | 11.41% | $11.8K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 16.99% | 14.61% | 15.44% | 16.99% | $7.5K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 20.81% | 20.82% | 20.91% | 20.82% * | $30K | 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 APE: borrow and sell spot, long the perp

No reverse APE 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._

## APE perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [OKX](https://afterfees.xyz/venues/okx) | APE-USDT-SWAP | -0.0161% | 8 h | −17.7% |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | APEUSDT | -0.0107% | 8 h | −11.8% |
| [LBank](https://afterfees.xyz/venues/lbank) | APEUSDT | -0.0100% | 8 h | −10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | APE_USDT | -0.0098% | 8 h | −10.7% |
| [Binance](https://afterfees.xyz/venues/binance) | APEUSDT | -0.0096% | 8 h | −10.5% |
| [Extended](https://afterfees.xyz/venues/extended) | APE-USD | -0.0012% | 1 h | −10.5% |
| [Gate](https://afterfees.xyz/venues/gate) | APE_USDT | -0.0083% | 8 h | −9.1% |
| [BloFin](https://afterfees.xyz/venues/blofin) | APE-USDT | -0.0078% | 8 h | −8.6% |

## Coins

|   |   |
|---|---|
| Funding rates and every arbitrage on this coin | [APE](https://afterfees.xyz/coin/APE) |

## Questions

**Where is it cheapest to borrow APE?**

Bitget, at 3.36% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend APE.

**Can I earn negative funding on APE by borrowing it?**

Not right now: no reverse APE 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._