# Borrow SOON: rates on every exchange

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

Updated 2026-11-12 00:08 UTC · https://afterfees.xyz/borrow/SOON

## SOON borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | 9.98% | 9.99% | 11.17% | 9.99% * | $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 SOON: borrow and sell spot, long the perp

No reverse SOON 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._

## SOON perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | SOONUSDT | 0.0050% | 4 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | SOON-USDT-SWAP | 0.0050% | 4 h | +10.9% |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_SOONUSD | 0.0023% | 1 h | +20.0% |
| [Bitget](https://afterfees.xyz/venues/bitget) | SOONUSDT | 0.0188% | 4 h | +41.2% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | SOONUSDTM | 0.0423% | 4 h | +92.6% |
| [BingX](https://afterfees.xyz/venues/bingx) | SOON-USDT | 0.0479% | 4 h | +104.9% |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | SOONUSDT | 0.0485% | 4 h | +106.1% |
| [Extended](https://afterfees.xyz/venues/extended) | SOON-USD | 0.0125% | 1 h | +109.5% |

## Coins

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

## Questions

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

Gate, at 9.99% a year at the rate we count (the higher of the current rate and the 24 h average), among 1 exchanges that lend SOON.

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

Not right now: no reverse SOON 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._