# Borrow AR: rates on every exchange

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

Updated 2026-10-29 19:41 UTC · https://afterfees.xyz/borrow/AR

## AR borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Binance](https://afterfees.xyz/venues/binance) | 0.92% | 0.89% | 0.89% | 0.92% | $6.9K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 1.34% | 1.33% | 1.34% | 1.34% | $7.2K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.71% | 1.69% | 1.60% | 1.71% | $346.6K | $34.6K | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 2.91% | 2.98% | 2.99% | 2.98% | $41.5K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 5.77% | 5.10% | 5.05% | 5.77% * | $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 AR: borrow and sell spot, long the perp

No reverse AR 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._

## AR perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [ApeX](https://afterfees.xyz/venues/apex) | AR-USDT | -0.0002% | 1 h | −2.0% |
| [Bybit](https://afterfees.xyz/venues/bybit) | ARUSDT | 0.0079% | 8 h | +8.6% |
| [Gate](https://afterfees.xyz/venues/gate) | AR_USDT | 0.0081% | 8 h | +8.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ARUSDTM | 0.0100% | 8 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | AR_USDT | 0.0100% | 8 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | AR-USDT-SWAP | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | ARUSDT | 0.0100% | 8 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | AR-USDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Binance, at 0.92% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend AR.

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

Not right now: no reverse AR 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._