# Borrow BONK: rates on every exchange

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

Updated 2026-10-30 06:23 UTC · https://afterfees.xyz/borrow/BONK

## BONK 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) | 1.63% | 1.68% | 1.66% | 1.68% | $116.7K | $49.5K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 9.90% | 9.86% | 9.85% | 9.90% | $34.1K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 10.17% | 10.81% | 10.70% | 10.81% | $41.2K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 13.70% | 13.83% | 13.93% | 13.83% * | $120K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 15.80% | 14.57% | 13.60% | 15.80% | $21.9K | 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 BONK: borrow and sell spot, long the perp

No reverse BONK 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._

## BONK perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | BONK_USDT | -0.0113% | 4 h | −24.7% |
| [Bybit](https://afterfees.xyz/venues/bybit) | 1000BONKUSDT | -0.0097% | 4 h | −21.2% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | 1000BONKUSDTM | -0.0074% | 4 h | −16.2% |
| [OKX](https://afterfees.xyz/venues/okx) | BONK-USDT-SWAP | -0.0092% | 8 h | −10.1% |
| [dYdX](https://afterfees.xyz/venues/dydx) | BONK-USD | 0.0000% | 1 h | 0.0% |
| [ApeX](https://afterfees.xyz/venues/apex) | 1000BONK-USDT | 0.0008% | 1 h | +7.4% |
| [Lighter](https://afterfees.xyz/venues/lighter) | 1000BONK | 0.0012% | 1 h | +10.5% |
| [MEXC](https://afterfees.xyz/venues/mexc) | 1000BONK_USDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.68% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend BONK.

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

Not right now: no reverse BONK 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._