Borrow TRX: rates on every exchange
Annualised margin borrow rates for TRX at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-11-12 00:08 UTC
TRX borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Gate | 2.49% | 2.49% | 2.49% | 2.49% * | $240K | not published | Borrowable |
| Binance | 10.65% | 10.44% | 10.51% | 10.65% | $47.9K | not published | Borrowable |
| OKX | 13.81% | 12.82% | 12.50% | 13.81% | $475.7K | not published | Borrowable |
| Bybit | 15.98% | 15.62% | 15.76% | 15.98% | $187.2K | not published | Borrowable |
| Bitget | 8.29% | 8.29% | 8.29% | 8.29% | $3.2M | $0 | Pool exhausted |
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 TRX: borrow and sell spot, long the perp
No reverse TRX 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.
TRX perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | TRX |
Questions
Where is it cheapest to borrow TRX?
Gate, at 2.49% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend TRX.
Can I earn negative funding on TRX by borrowing it?
Not right now: no reverse TRX 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.