# Borrow LPT: rates on every exchange

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

Updated 2026-11-12 00:25 UTC · https://afterfees.xyz/borrow/LPT

## LPT 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) | 7.54% | 7.57% | 8.20% | 7.57% * | $20K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 12.50% | 11.85% | 13.39% | 12.50% | $6.3K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 27.71% | 27.14% | 28.55% | 27.71% | $1.3K | 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 LPT: borrow and sell spot, long the perp

No reverse LPT 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._

## LPT perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_LPTUSD | -0.0246% | 1 h | −215.1% |
| [Gate](https://afterfees.xyz/venues/gate) | LPT_USDT | -0.0251% | 8 h | −27.5% |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | LPTUSDT | -0.0011% | 4 h | −2.5% |
| [LBank](https://afterfees.xyz/venues/lbank) | LPTUSDT | -0.0008% | 4 h | −1.8% |
| [MEXC](https://afterfees.xyz/venues/mexc) | LPT_USDT | -0.0008% | 4 h | −1.8% |
| [Binance](https://afterfees.xyz/venues/binance) | LPTUSDT | -0.0005% | 4 h | −1.2% |
| [BloFin](https://afterfees.xyz/venues/blofin) | LPT-USDT | -0.0005% | 4 h | −1.1% |
| [OKX](https://afterfees.xyz/venues/okx) | LPT-USDT-SWAP | 0.0029% | 4 h | +6.3% |

## Coins

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

## Questions

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

Gate, at 7.57% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend LPT.

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

Not right now: no reverse LPT 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._