# Borrow APT: rates on every exchange

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

Updated 2026-10-29 20:52 UTC · https://afterfees.xyz/borrow/APT

## APT borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | 2.04% | 2.08% | 2.10% | 2.08% | $36.6K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 2.18% | 2.13% | 2.12% | 2.18% | $519.3K | $34.4K | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 2.81% | 3.13% | 3.05% | 3.13% | $8.7K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 5.50% | 5.58% | 5.54% | 5.58% * | $120K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 9.50% | 9.35% | 9.45% | 9.50% | $21.8K | 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 APT: borrow and sell spot, long the perp

No reverse APT 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._

## APT perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_APTUSD | -0.0031% | 1 h | −27.2% |
| [Binance](https://afterfees.xyz/venues/binance) | APTUSDT | -0.0017% | 8 h | −1.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | APT_USDT | -0.0015% | 8 h | −1.6% |
| [Gate](https://afterfees.xyz/venues/gate) | APT_USDT | -0.0001% | 8 h | −0.1% |
| [dYdX](https://afterfees.xyz/venues/dydx) | APT-USD | 0.0000% | 1 h | 0.0% |
| [Bybit](https://afterfees.xyz/venues/bybit) | APTUSDT | 0.0048% | 8 h | +5.2% |
| [ApeX](https://afterfees.xyz/venues/apex) | APT-USDT | 0.0007% | 1 h | +6.5% |
| [Aster](https://afterfees.xyz/venues/aster) | APTUSDT | 0.0071% | 8 h | +7.8% |

## Coins

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

## Questions

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

Bybit, at 2.08% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend APT.

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

Not right now: no reverse APT 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._