# Borrow CAT: rates on every exchange

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

Updated 2026-11-11 23:24 UTC · https://afterfees.xyz/borrow/CAT

## CAT 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) | 49.04% | 58.56% | 61.65% | 58.56% | $669 | 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._

## Reverse carry on CAT: borrow and sell spot, long the perp

No reverse CAT 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._

## CAT perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | 1000CATUSDT | -0.0884% | 1 h | −774.6% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | 10000CATUSDTM | -0.2078% | 4 h | −455.1% |
| [LBank](https://afterfees.xyz/venues/lbank) | CATUSDT | -0.1954% | 4 h | −427.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | CAT_USDT | -0.1931% | 4 h | −422.9% |
| [Binance](https://afterfees.xyz/venues/binance) | 1000CATUSDT | -0.1923% | 4 h | −421.2% |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | 1000CATUSDT | -0.1869% | 4 h | −409.4% |
| [BingX](https://afterfees.xyz/venues/bingx) | 1000CAT-USDT | -0.1857% | 4 h | −406.7% |
| [Aster](https://afterfees.xyz/venues/aster) | 1000CATUSDT | -0.1674% | 4 h | −366.5% |

## Coins

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

## Questions

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

Binance, at 58.56% a year at the rate we count (the higher of the current rate and the 24 h average), among 1 exchanges that lend CAT.

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

Not right now: no reverse CAT 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._