Borrow INIT: rates on every exchange
Annualised margin borrow rates for INIT at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-11-11 22:54 UTC
INIT borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bybit | 50.27% | 50.27% | 50.27% | 50.27% | $5.3K | not published | Borrowable |
| Binance | 93.37% | 98.42% | 89.06% | 98.42% | $4.4K | not published | Borrowable |
| Gate | 107.44% | 122.09% | 65.73% | 122.09% * | $0 | not published | Borrowable |
| Bitget | 192.99% | 192.36% | 74.19% | 192.99% | $220.7K | $0 | Pool exhausted |
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 INIT: borrow and sell spot, long the perp
No reverse INIT 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.
INIT perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | INIT |
Questions
Where is it cheapest to borrow INIT?
Bybit, at 50.27% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend INIT.
Can I earn negative funding on INIT by borrowing it?
Not right now: no reverse INIT 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.