# Borrow APE: rates on every exchange

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

Updated 2026-10-30 10:14 UTC · https://afterfees.xyz/borrow/APE

## APE borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.17% | 1.17% | 1.20% | 1.17% | $158.7K | $440.3K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 6.32% | 6.09% | 5.81% | 6.32% | $10.6K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 9.80% | 10.76% | 10.95% | 10.76% | $13.9K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 13.06% | 16.49% | 16.29% | 16.49% | $8.8K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 21.29% | 23.73% | 24.16% | 23.73% * | $30K | 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 APE: borrow and sell spot, long the perp

No reverse APE 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._

## APE perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_APEUSD | -0.0059% | 1 h | −51.9% |
| [BloFin](https://afterfees.xyz/venues/blofin) | APE-USDT | 0.0096% | 8 h | +10.5% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | APEUSDTM | 0.0100% | 8 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | APE_USDT | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | APEUSDT | 0.0100% | 8 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | APE-USDT-SWAP | 0.0100% | 8 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | APE-USDT | 0.0100% | 8 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | APEUSDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.17% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend APE.

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

Not right now: no reverse APE 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._