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AfterFees

Borrow rates · C98

Borrow C98: rates on every exchange

Annualised margin borrow rates for C98 at VIP 0, and whether borrowing it to collect negative funding pays after every cost.

Updated 2026-10-29 19:01 UTC

C98 borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Binance11.59%11.59%11.59%11.59%$1.9Knot publishedBorrowable
Gate23.32%14.51%13.36%23.32% *$10Knot publishedBorrowable

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 C98: borrow and sell spot, long the perp

No reverse C98 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.

C98 perps, most negative funding first

ExchangeContractRateEveryAnnualised
GateC98_USDT-0.1318%8 h−144.3%
KuCoinC98USDTM0.0100%8 h+10.9%
MEXCC98_USDT0.0100%8 h+10.9%
BitgetC98USDT0.0100%8 h+10.9%
BybitC98USDT0.0100%8 h+10.9%
BinanceC98USDT0.0100%8 h+10.9%
BloFinC98-USDT0.0106%8 h+11.6%
KrakenPF_C98USD0.0027%1 h+23.3%

Coins

Funding rates and every arbitrage on this coinC98

Questions

Where is it cheapest to borrow C98?

Binance, at 11.59% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend C98.

Can I earn negative funding on C98 by borrowing it?

Not right now: no reverse C98 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.