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AfterFees

Borrow rates · PEOPLE

Borrow PEOPLE: rates on every exchange

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

Updated 2026-11-11 23:09 UTC

PEOPLE borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Gate5.19%5.49%5.42%5.49% *$20Knot publishedBorrowable
OKX5.81%5.95%6.06%5.95%$22.9Knot publishedBorrowable
Bybit6.74%6.89%7.30%6.89%$2.9Knot publishedBorrowable
Binance39.95%40.16%40.10%40.16%$4Knot publishedBorrowable
Bitget1.04%1.03%1.02%1.04%$0$0Pool 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 PEOPLE: borrow and sell spot, long the perp

No reverse PEOPLE 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.

PEOPLE perps, most negative funding first

ExchangeContractRateEveryAnnualised
KrakenPF_PEOPLEUSD-0.0089%1 h−77.6%
BloFinPEOPLE-USDT-0.0045%8 h−4.9%
LBankPEOPLEUSDT-0.0034%8 h−3.8%
BinancePEOPLEUSDT-0.0034%8 h−3.8%
ExtendedPEOPLE-USD-0.0004%1 h−3.5%
BitunixPEOPLEUSDT-0.0026%8 h−2.9%
MEXCPEOPLE_USDT0.0055%8 h+6.0%
OKXPEOPLE-USDT-SWAP0.0062%8 h+6.8%

Coins

Funding rates and every arbitrage on this coinPEOPLE

Questions

Where is it cheapest to borrow PEOPLE?

Gate, at 5.49% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend PEOPLE.

Can I earn negative funding on PEOPLE by borrowing it?

Not right now: no reverse PEOPLE 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.