Borrow ALGO: rates on every exchange
Annualised margin borrow rates for ALGO at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-30 03:18 UTC
ALGO borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bitget | 1.47% | 1.51% | 1.50% | 1.51% | $232.2K | $39.6K | Borrowable |
| Binance | 2.86% | 2.66% | 2.58% | 2.86% | $8.8K | not published | Borrowable |
| Bybit | 3.37% | 3.38% | 3.34% | 3.38% | $124.7K | not published | Borrowable |
| Gate | 4.07% | 4.07% | 4.22% | 4.07% * | $120K | not published | Borrowable |
| OKX | 17.11% | 14.99% | 14.16% | 17.11% | $29.8K | 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 ALGO: borrow and sell spot, long the perp
No reverse ALGO 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.
ALGO perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | ALGO |
Questions
Where is it cheapest to borrow ALGO?
Bitget, at 1.51% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend ALGO.
Can I earn negative funding on ALGO by borrowing it?
Not right now: no reverse ALGO 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.