# Borrow ARPA: rates on every exchange

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

Updated 2026-10-29 23:01 UTC · https://afterfees.xyz/borrow/ARPA

## ARPA 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) | 1.07% | 1.07% | 1.08% | 1.07% | $55.4K | $55.4K | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 31.31% | 29.27% | 29.56% | 31.31% | $1.7K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 56.39% | 56.43% | 56.49% | 56.43% * | $10K | 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 ARPA: borrow and sell spot, long the perp

No reverse ARPA 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._

## ARPA perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | ARPA_USDT | -0.0360% | 8 h | −39.4% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ARPAUSDTM | -0.0219% | 8 h | −24.0% |
| [BloFin](https://afterfees.xyz/venues/blofin) | ARPA-USDT | 0.0074% | 8 h | +8.1% |
| [MEXC](https://afterfees.xyz/venues/mexc) | ARPA_USDT | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | ARPAUSDT | 0.0100% | 8 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | ARPA-USDT | 0.0100% | 8 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | ARPAUSDT | 0.0100% | 8 h | +10.9% |
| [Aster](https://afterfees.xyz/venues/aster) | ARPAUSDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.07% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend ARPA.

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

Not right now: no reverse ARPA 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._