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AfterFees

Borrow rates · US

Borrow US: rates on every exchange

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

Updated 2026-11-11 23:04 UTC

US borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget1.55%1.68%1.25%1.68%$3.9K$39.4KBorrowable
Gate8.70%8.92%8.86%8.92% *$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 US: borrow and sell spot, long the perp

No reverse US 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.

US perps, most negative funding first

ExchangeContractRateEveryAnnualised
BybitUSUSDT0.0050%4 h+10.9%
KuCoinUSUSDTM0.0050%4 h+10.9%
BitgetUSUSDT0.0050%4 h+10.9%
BloFinUS-USDT0.0127%4 h+27.9%
MEXCUS_USDT0.0135%4 h+29.6%
BinanceUSUSDT0.0135%4 h+29.6%
ExtendedUS-USD0.0034%1 h+29.8%
LBankUSUSDT0.0150%4 h+32.9%

Coins

Funding rates and every arbitrage on this coinUS

Questions

Where is it cheapest to borrow US?

Bitget, at 1.68% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend US.

Can I earn negative funding on US by borrowing it?

Not right now: no reverse US 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.