# Borrow POL: rates on every exchange

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

Updated 2026-11-11 23:27 UTC · https://afterfees.xyz/borrow/POL

## POL borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | 3.65% | 3.92% | 4.39% | 3.92% | $35.9K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 5.71% | 5.76% | 5.79% | 5.76% | $618.5K | $168.7K | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 14.17% | 14.42% | 14.62% | 14.42% | $26.8K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 16.45% | 16.35% | 16.37% | 16.45% * | $30K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 9.41% | 6.43% | 1.86% | 9.41% | $24.2K | not published | Suspected 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 POL: borrow and sell spot, long the perp

No reverse POL 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._

## POL perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_POLUSD | -0.0109% | 1 h | −95.3% |
| [Gate](https://afterfees.xyz/venues/gate) | POL_USDT | -0.0117% | 4 h | −25.6% |
| [BloFin](https://afterfees.xyz/venues/blofin) | POL-USDT | -0.0090% | 4 h | −19.6% |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | POLUSDT | -0.0081% | 4 h | −17.7% |
| [OKX](https://afterfees.xyz/venues/okx) | POL-USDT-SWAP | -0.0075% | 4 h | −16.4% |
| [MEXC](https://afterfees.xyz/venues/mexc) | POL_USDT | -0.0071% | 4 h | −15.5% |
| [LBank](https://afterfees.xyz/venues/lbank) | POLUSDT | -0.0071% | 4 h | −15.5% |
| [Binance](https://afterfees.xyz/venues/binance) | POLUSDT | -0.0069% | 4 h | −15.2% |

## Coins

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

## Questions

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

Bybit, at 3.92% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend POL.

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

Not right now: no reverse POL 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._