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AfterFees

Borrow rates · AVAX

Borrow AVAX: rates on every exchange

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

Updated 2026-11-11 23:21 UTC

AVAX borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Gate2.04%2.04%2.04%2.04% *$240Knot publishedBorrowable
Binance2.23%2.20%2.22%2.23%$202.3Knot publishedBorrowable
Bitget2.93%3.31%2.62%3.31%$1.2M$388.2KBorrowable
Bybit3.35%3.30%3.33%3.35%$168.6Knot publishedBorrowable
OKX9.50%9.86%9.59%9.86%$126.5Knot 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 AVAX: borrow and sell spot, long the perp

No reverse AVAX 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.

AVAX perps, most negative funding first

ExchangeContractRateEveryAnnualised
LighterAVAX-0.0065%1 h−56.9%
HyperliquidAVAX-0.0037%1 h−32.7%
ExtendedAVAX-USD-0.0034%1 h−29.8%
BackpackAVAX_USDC_PERP-0.0029%1 h−25.6%
WhiteBITAVAX_PERP-0.0189%8 h−20.7%
KuCoinAVAXUSDTM-0.0086%8 h−9.4%
ParadexAVAX-USD-PERP-0.0085%8 h−9.3%
BitunixAVAXUSDC-0.0070%8 h−7.7%

Coins

Funding rates and every arbitrage on this coinAVAX

Questions

Where is it cheapest to borrow AVAX?

Gate, at 2.04% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend AVAX.

Can I earn negative funding on AVAX by borrowing it?

Not right now: no reverse AVAX 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.