Borrow RAY: rates on every exchange
Annualised margin borrow rates for RAY at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-11-11 23:04 UTC
RAY borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| OKX | 6.31% | 6.96% | 12.40% | 6.96% | $40.4K | not published | Borrowable |
| Bitget | 6.42% | 7.00% | 8.85% | 7.00% | $484.1K | $95.7K | Borrowable |
| Binance | 41.38% | 42.44% | 44.65% | 42.44% | $8.1K | not published | Borrowable |
| Gate | 50.60% | 50.64% | 52.51% | 50.64% * | $30K | 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 RAY: borrow and sell spot, long the perp
No reverse RAY 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.
RAY perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | RAY |
Questions
Where is it cheapest to borrow RAY?
OKX, at 6.96% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend RAY.
Can I earn negative funding on RAY by borrowing it?
Not right now: no reverse RAY 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.