# Borrow GRAM: rates on every exchange

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

Updated 2026-11-11 23:31 UTC · https://afterfees.xyz/borrow/GRAM

## GRAM borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | 6.56% | 6.67% | 6.69% | 6.67% | $70.9K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 8.06% | 8.07% | 8.06% | 8.07% * | $240K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 16.21% | 13.65% | 7.89% | 16.21% | $17.6K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 14.97% | 34.02% | 24.91% | 34.02% | $690.6K | $83.8K | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 324.02% | 320.31% | 316.89% | 324.02% | $45.7K | 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 GRAM: borrow and sell spot, long the perp

No reverse GRAM 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._

## GRAM perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [KuCoin](https://afterfees.xyz/venues/kucoin) | GRAMUSDTM | -0.0156% | 4 h | −34.2% |
| [OKX](https://afterfees.xyz/venues/okx) | GRAM-USDT-SWAP | -0.0035% | 4 h | −7.6% |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | GRAMUSDT | -0.0014% | 4 h | −3.0% |
| [Extended](https://afterfees.xyz/venues/extended) | GRAM-USD | -0.0002% | 1 h | −1.8% |
| [Paradex](https://afterfees.xyz/venues/paradex) | GRAM-USD-PERP | -0.0013% | 8 h | −1.4% |
| [MEXC](https://afterfees.xyz/venues/mexc) | GRAM_USDT | -0.0006% | 4 h | −1.3% |
| [LBank](https://afterfees.xyz/venues/lbank) | GRAMUSDT | -0.0004% | 4 h | −0.9% |
| [Binance](https://afterfees.xyz/venues/binance) | GRAMUSDT | -0.0004% | 4 h | −0.9% |

## Coins

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

## Questions

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

Bybit, at 6.67% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend GRAM.

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

Not right now: no reverse GRAM 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._