# Borrow USUAL: rates on every exchange

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

Updated 2026-11-11 23:26 UTC · https://afterfees.xyz/borrow/USUAL

## USUAL borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Binance](https://afterfees.xyz/venues/binance) | 22.80% | 23.43% | 22.84% | 23.43% | $7.4K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 55.98% | 70.40% | 59.09% | 70.40% * | $20K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.01% | 1.01% | 1.01% | 1.01% | $0 | $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 USUAL: borrow and sell spot, long the perp

No reverse USUAL 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._

## USUAL perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_USUALUSD | -0.0104% | 1 h | −90.7% |
| [Bybit](https://afterfees.xyz/venues/bybit) | USUALUSDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | USUALUSDTM | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | USUAL_USDT | 0.0050% | 4 h | +10.9% |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | USUAL_PERP | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | USUALUSDT | 0.0050% | 4 h | +10.9% |
| [LBank](https://afterfees.xyz/venues/lbank) | USUALUSDT | 0.0050% | 4 h | +10.9% |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | USUALUSDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Binance, at 23.43% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend USUAL.

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

Not right now: no reverse USUAL 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._