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AfterFees

Borrow rates · ZK

Borrow ZK: rates on every exchange

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

Updated 2026-11-11 23:11 UTC

ZK borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget5.89%5.92%5.01%5.92%$166K$10.9KBorrowable
Bybit7.28%8.40%7.14%8.40%$24.1Knot publishedBorrowable
OKX14.80%14.94%17.79%14.94%$2.5Knot publishedBorrowable
Binance24.49%25.37%28.74%25.37%$5.6Knot publishedBorrowable
Gate42.73%45.82%61.24%45.82% *$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 ZK: borrow and sell spot, long the perp

No reverse ZK 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.

ZK perps, most negative funding first

ExchangeContractRateEveryAnnualised
GRVTZK_USDT_Perp-0.0253%4 h−55.4%
LighterZK-0.0036%1 h−31.5%
OKXZK-USDT-SWAP-0.0141%4 h−30.9%
KuCoinZKUSDTM-0.0126%4 h−27.6%
KrakenPF_ZKUSD-0.0023%1 h−20.3%
GateZK_USDT-0.0075%8 h−8.2%
BloFinZK-USDT-0.0007%4 h−1.5%
ExtendedZK-USD0.0000%1 h0.0%

Coins

Funding rates and every arbitrage on this coinZK

Questions

Where is it cheapest to borrow ZK?

Bitget, at 5.92% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend ZK.

Can I earn negative funding on ZK by borrowing it?

Not right now: no reverse ZK 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.