Loading…
AfterFees

Borrow rates · AVAX

Borrow AVAX: rates on every exchange

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

Updated 2026-10-29 20:27 UTC

AVAX borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Gate2.04%2.04%2.09%2.04% *$240Knot publishedBorrowable
Binance2.45%2.45%2.49%2.45%$210Knot publishedBorrowable
Bybit3.68%3.68%3.73%3.68%$175Knot publishedBorrowable
OKX8.90%9.30%9.60%9.30%$131.1Knot publishedBorrowable
Bitget10.21%10.19%10.22%10.21%$1.3M$476.1KBorrowable

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 AVAX: borrow and sell spot, long the perp

No reverse AVAX 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.

AVAX perps, most negative funding first

ExchangeContractRateEveryAnnualised
KrakenPF_AVAXUSD-0.0016%1 h−13.9%
dYdXAVAX-USD0.0000%1 h0.0%
BybitAVAXUSDT0.0020%8 h+2.1%
GateAVAX_USDT0.0033%8 h+3.6%
ParadexAVAX-USD-PERP0.0058%8 h+6.4%
BitgetAVAXUSDT0.0081%8 h+8.9%
KuCoinAVAXUSDTM0.0082%8 h+9.0%
LighterAVAX0.0012%1 h+10.5%

Coins

Funding rates and every arbitrage on this coinAVAX

Questions

Where is it cheapest to borrow AVAX?

Gate, at 2.04% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend AVAX.

Can I earn negative funding on AVAX by borrowing it?

Not right now: no reverse AVAX 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.