# Borrow ALCH: rates on every exchange

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

Updated 2026-10-30 09:23 UTC · https://afterfees.xyz/borrow/ALCH

## ALCH borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | 4.39% | 4.39% | 4.40% | 4.39% * | $500 | not published | Borrowable |

_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 ALCH: borrow and sell spot, long the perp

No reverse ALCH 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._

## ALCH perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bitget](https://afterfees.xyz/venues/bitget) | ALCHUSDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | ALCHUSDT | 0.0050% | 4 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | ALCH_USDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ALCHUSDTM | 0.0131% | 4 h | +28.7% |
| [Aster](https://afterfees.xyz/venues/aster) | ALCHUSDT | 0.0224% | 4 h | +49.1% |
| [Binance](https://afterfees.xyz/venues/binance) | ALCHUSDT | 0.0311% | 4 h | +68.2% |
| [MEXC](https://afterfees.xyz/venues/mexc) | ALCH_USDT | 0.0312% | 4 h | +68.3% |
| [BingX](https://afterfees.xyz/venues/bingx) | ALCH-USDT | 0.0322% | 4 h | +70.5% |

## Coins

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

## Questions

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

Gate, at 4.39% a year at the rate we count (the higher of the current rate and the 24 h average), among 1 exchanges that lend ALCH.

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

Not right now: no reverse ALCH 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._