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AfterFees

Borrow rates · OPG

Borrow OPG: rates on every exchange

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

Updated 2026-11-11 23:07 UTC

OPG borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bybit28.30%25.66%24.21%28.30%$3.3Knot publishedBorrowable
Binance32.45%27.48%25.20%32.45%$2.4Knot publishedBorrowable
Gate139.54%106.07%28.50%139.54% *$20Knot publishedSuspected exhausted (rate spike)

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 OPG: borrow and sell spot, long the perp

No reverse OPG 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.

OPG perps, most negative funding first

ExchangeContractRateEveryAnnualised
GateOPG_USDT-0.0017%4 h−3.7%
BybitOPGUSDT0.0050%4 h+10.9%
KuCoinOPGUSDTM0.0050%4 h+10.9%
MEXCOPG_USDT0.0050%4 h+10.9%
WhiteBITOPG_PERP0.0050%4 h+10.9%
BitgetOPGUSDT0.0050%4 h+10.9%
OKXOPG-USDT-SWAP0.0050%4 h+10.9%
LBankOPGUSDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinOPG

Questions

Where is it cheapest to borrow OPG?

Bybit, at 28.30% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend OPG.

Can I earn negative funding on OPG by borrowing it?

Not right now: no reverse OPG 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.