# BAT funding rates and arbitrage

Updated 2026-11-11 23:42 UTC · https://afterfees.xyz/coin/BAT

## Best BAT arbitrage after every cost

No BAT pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## BAT funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | BATUSD-PERP | 0.0124% | 1 h | +108.8% | +17.6% | $5.3K | 2026-11-12 00:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | BAT-USDT | 0.0130% | 8 h | +14.2% | +20.7% | $279.5K | 2026-11-12 00:00 |
| [Extended](https://afterfees.xyz/venues/extended) | BAT-USD | 0.0013% | 1 h | +11.4% | +11.4% | $94 | 2026-11-12 00:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | BATUSDT | 0.0100% | 8 h | +10.9% | +5.4% | $2.3M | 2026-11-12 00:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | BATUSDTM | 0.0100% | 8 h | +10.9% | −5.2% | $366.6K | 2026-11-12 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | BAT_USDT | 0.0100% | 8 h | +10.9% | +1.5% | $8.8M | 2026-11-12 00:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | BAT_PERP | 0.0100% | 8 h | +10.9% | +11.0% | $1.4M | 2026-11-12 00:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | BATUSDT | 0.0100% | 8 h | +10.9% | +11.0% | $921.3K | 2026-11-12 00:00 |
| [OKX](https://afterfees.xyz/venues/okx) | BAT-USDT-SWAP | 0.0100% | 8 h | +10.9% | +1.5% | $1.7M | 2026-11-12 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | BATUSDT | 0.0100% | 8 h | +10.9% | +11.3% | — | 2026-11-12 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | BATUSDT | 0.0100% | 8 h | +10.9% | +11.0% | — | 2026-11-12 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | BATUSDT | 0.0100% | 8 h | +10.9% | +11.0% | $6M | 2026-11-12 00:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | BAT-USDC | 0.0013% | 1 h | +10.9% | — | $6.1K | 2026-11-12 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | BATUSDT | 0.0100% | 8 h | +10.9% | +15.7% | $896.9K | 2026-11-12 00:00 |
| [Variational](https://afterfees.xyz/venues/variational) | BAT-PERP | 0.0100% | 8 h | +10.9% | +11.3% | $240.4K | 2026-11-12 00:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | BAT-USDT | 0.0070% | 8 h | +7.7% | +9.7% | $634.7K | 2026-11-12 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | BAT_USDT | 0.0044% | 8 h | +4.8% | +2.3% | $88.8K | 2026-11-12 00:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_BATUSD | -0.0085% | 1 h | −74.1% | −36.6% | $21.3K | 2026-11-12 00:00 |

## Borrow BAT to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 2.36% | — |
| Bybit | 7.01% | — |
| OKX | 10.76% | — |
| Gate | 44.81% | $20K |
| Binance | 51.09% | — |

## Cost to enter $10,000 of BAT

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | BAT_USDT | 2.9 bp | top of book only |
| Extended | BAT-USD | 4.2 bp | top of book only |
| Binance | BATUSDT | 5.4 bp | top of book only |
| OKX | BAT-USDT-SWAP | 5.9 bp | top of book only |
| BingX | BAT-USDT | 6.3 bp | top of book only |
| Bybit | BATUSDT | 6.4 bp | top of book only |
| BloFin | BAT-USDT | 7.3 bp | top of book only |
| Variational | BAT-PERP | 8.5 bp | top of book only |
| Bitget | BATUSDT | 9.8 bp | top of book only |
| Binance | BATUSDT (spot) | 14.3 bp | top of book only |
| Gate | BAT_USDT | 14.3 bp | top of book only |
| Aster | BATUSDT | 15.1 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on BAT

- [Borrow BAT: rates on every exchange](https://afterfees.xyz/borrow/BAT)

## Questions

**Is BAT funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no BAT pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest BAT funding rate?**

Crypto.com at +108.8% a year (0.0124% every 1 h); the lowest is Kraken at −74.1%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_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._