# Borrow FIL: rates on every exchange

Annualised margin borrow rates for FIL 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/FIL

## FIL borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [OKX](https://afterfees.xyz/venues/okx) | 1.01% | 1.01% | 1.01% | 1.01% | $74.8K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.34% | 1.55% | 1.51% | 1.55% | $466.1K | $236.2K | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 1.72% | 1.74% | 1.79% | 1.74% | $40.4K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 2.58% | 2.61% | 2.68% | 2.61% | $52.3K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 3.10% | 3.10% | 3.09% | 3.10% * | $240K | 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 FIL: borrow and sell spot, long the perp

No reverse FIL 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._

## FIL perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | FIL_USDT | -0.0153% | 8 h | −16.8% |
| [Bybit](https://afterfees.xyz/venues/bybit) | FILUSDT | -0.0082% | 8 h | −9.0% |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_FILUSD | -0.0008% | 1 h | −7.1% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | FILUSDTM | -0.0038% | 8 h | −4.2% |
| [Bitget](https://afterfees.xyz/venues/bitget) | FILUSDT | -0.0009% | 8 h | −1.0% |
| [dYdX](https://afterfees.xyz/venues/dydx) | FIL-USD | 0.0000% | 1 h | 0.0% |
| [Binance](https://afterfees.xyz/venues/binance) | FILUSDT | 0.0005% | 8 h | +0.6% |
| [LBank](https://afterfees.xyz/venues/lbank) | FILUSDT | 0.0006% | 8 h | +0.7% |

## Coins

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

## Questions

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

OKX, at 1.01% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend FIL.

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

Not right now: no reverse FIL 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._