# 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 23:19 UTC · https://afterfees.xyz/borrow/AR

## AR borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Binance](https://afterfees.xyz/venues/binance) | 0.97% | 0.80% | 0.83% | 0.97% | $6.1K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 1.15% | 1.16% | 1.20% | 1.16% | $6.3K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.45% | 1.39% | 1.54% | 1.45% | $302.2K | $31.2K | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 2.60% | 2.62% | 2.84% | 2.62% | $36.2K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 5.33% | 5.38% | 5.41% | 5.38% * | $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 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

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [ApeX](https://afterfees.xyz/venues/apex) | AR-USDT | -0.0034% | 1 h | −30.0% |
| [OKX](https://afterfees.xyz/venues/okx) | AR-USDT-SWAP | -0.0054% | 8 h | −5.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | ARUSDT | -0.0007% | 8 h | −0.8% |
| [Gate](https://afterfees.xyz/venues/gate) | AR_USDT | 0.0044% | 8 h | +4.8% |
| [Extended](https://afterfees.xyz/venues/extended) | AR-USD | 0.0006% | 1 h | +5.3% |
| [MEXC](https://afterfees.xyz/venues/mexc) | AR_USDT | 0.0051% | 8 h | +5.6% |
| [LBank](https://afterfees.xyz/venues/lbank) | ARUSDT | 0.0051% | 8 h | +5.6% |
| [Binance](https://afterfees.xyz/venues/binance) | ARUSDT | 0.0051% | 8 h | +5.6% |

## Coins

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

## 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._