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AfterFees

Borrow rates · AR

Borrow AR: rates on every exchange

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

Updated 2026-11-11 23:06 UTC

AR borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Binance0.97%0.80%0.83%0.97%$6.2Knot publishedBorrowable
Bybit1.15%1.16%1.20%1.16%$6.5Knot publishedBorrowable
Bitget1.45%1.39%1.54%1.45%$312.5K$32.4KBorrowable
OKX2.51%2.62%2.84%2.62%$37.5Knot publishedBorrowable
Gate5.33%5.38%5.41%5.38% *$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 AR: borrow and sell spot, long the perp

No reverse AR 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.

AR perps, most negative funding first

ExchangeContractRateEveryAnnualised
ApeXAR-USDT-0.0038%1 h−33.3%
OKXAR-USDT-SWAP-0.0059%8 h−6.5%
BitgetARUSDT-0.0018%8 h−2.0%
GateAR_USDT0.0022%8 h+2.4%
LBankARUSDT0.0067%8 h+7.3%
BinanceARUSDT0.0067%8 h+7.3%
ExtendedAR-USD0.0009%1 h+7.9%
MEXCAR_USDT0.0074%8 h+8.1%

Coins

Funding rates and every arbitrage on this coinAR

Questions

Where is it cheapest to borrow AR?

Binance, at 0.97% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend AR.

Can I earn negative funding on AR by borrowing it?

Not right now: no reverse AR 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.