# 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 2026-10-30 05:52 UTC · https://afterfees.xyz/borrow/AVAX

## AVAX borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | 2.04% | 2.04% | 2.08% | 2.04% * | $240K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 2.64% | 2.48% | 2.51% | 2.64% | $206.3K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 4.06% | 3.70% | 3.76% | 4.06% | $172K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 8.90% | 9.17% | 9.50% | 9.17% | $129K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 10.26% | 10.27% | 10.23% | 10.27% | $1.3M | $469.1K | 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 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

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | AVAXUSDT | -0.0214% | 8 h | −23.4% |
| [dYdX](https://afterfees.xyz/venues/dydx) | AVAX-USD | 0.0000% | 1 h | 0.0% |
| [Gate](https://afterfees.xyz/venues/gate) | AVAX_USDT | 0.0042% | 8 h | +4.6% |
| [Aster](https://afterfees.xyz/venues/aster) | AVAXUSDT | 0.0057% | 8 h | +6.2% |
| [Paradex](https://afterfees.xyz/venues/paradex) | AVAX-USD-PERP | 0.0065% | 8 h | +7.1% |
| [Bitget](https://afterfees.xyz/venues/bitget) | AVAXUSDT | 0.0066% | 8 h | +7.2% |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_AVAXUSD | 0.0010% | 1 h | +8.8% |
| [Lighter](https://afterfees.xyz/venues/lighter) | AVAX | 0.0012% | 1 h | +10.5% |

## Coins

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

## 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._