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AfterFees

Borrow rates · POLYX

Borrow POLYX: rates on every exchange

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

Updated 2026-11-11 23:16 UTC

POLYX borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Binance52.45%56.78%55.98%56.78%$3.8Knot publishedBorrowable
Gate76.54%119.27%104.54%119.27% *$30Knot publishedBorrowable

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 POLYX: borrow and sell spot, long the perp

No reverse POLYX 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.

POLYX perps, most negative funding first

ExchangeContractRateEveryAnnualised
KuCoinPOLYXUSDTM-0.0761%4 h−166.7%
GatePOLYX_USDT-0.0467%4 h−102.3%
AsterPOLYXUSDT-0.0231%4 h−50.6%
BitgetPOLYXUSDT-0.0159%4 h−34.8%
ExtendedPOLYX-USD-0.0030%1 h−26.3%
BinancePOLYXUSDT-0.0118%4 h−25.9%
MEXCPOLYX_USDT-0.0118%4 h−25.8%
BloFinPOLYX-USDT-0.0100%4 h−21.8%

Coins

Funding rates and every arbitrage on this coinPOLYX

Questions

Where is it cheapest to borrow POLYX?

Binance, at 56.78% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend POLYX.

Can I earn negative funding on POLYX by borrowing it?

Not right now: no reverse POLYX 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.