# 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 23:27 UTC · https://afterfees.xyz/borrow/AVAX

## AVAX borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | 2.04% | 2.04% | 2.04% | 2.04% * | $240K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 2.23% | 2.20% | 2.22% | 2.23% | $202.7K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 2.93% | 3.31% | 2.62% | 3.31% | $1.2M | $388.6K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 3.35% | 3.30% | 3.33% | 3.35% | $168.8K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 9.50% | 9.86% | 9.59% | 9.86% | $126.6K | 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 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

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Lighter](https://afterfees.xyz/venues/lighter) | AVAX | -0.0067% | 1 h | −58.7% |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | AVAX | -0.0036% | 1 h | −31.3% |
| [Extended](https://afterfees.xyz/venues/extended) | AVAX-USD | -0.0031% | 1 h | −27.2% |
| [Backpack](https://afterfees.xyz/venues/backpack) | AVAX_USDC_PERP | -0.0025% | 1 h | −21.7% |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | AVAX_PERP | -0.0195% | 8 h | −21.3% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | AVAXUSDTM | -0.0083% | 8 h | −9.1% |
| [Paradex](https://afterfees.xyz/venues/paradex) | AVAX-USD-PERP | -0.0075% | 8 h | −8.2% |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | AVAXUSDC | -0.0070% | 8 h | −7.7% |

## Coins

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

## 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._