Borrow PNUT: rates on every exchange
Annualised margin borrow rates for PNUT at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-11-11 23:11 UTC
PNUT borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Gate | 9.74% | 10.02% | 19.21% | 10.02% * | $20K | not published | Borrowable |
| Bybit | 17.97% | 17.38% | 16.79% | 17.97% | $6K | not published | Borrowable |
| Bitget | 20.60% | 20.38% | 22.40% | 20.60% | $148.5K | $2.7K | Borrowable |
| Binance | 21.02% | 21.97% | 22.15% | 21.97% | $2.5K | not published | Borrowable |
| OKX | 27.60% | 28.11% | 29.27% | 28.11% | $11.3K | 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 PNUT: borrow and sell spot, long the perp
No reverse PNUT 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.
PNUT perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | PNUT |
Questions
Where is it cheapest to borrow PNUT?
Gate, at 10.02% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend PNUT.
Can I earn negative funding on PNUT by borrowing it?
Not right now: no reverse PNUT 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.