# Borrow CELO: rates on every exchange

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

Updated 2026-10-30 02:43 UTC · https://afterfees.xyz/borrow/CELO

## CELO borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | 17.33% | 15.40% | 14.92% | 17.33% | $6.2K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 34.91% | 16.18% | 15.76% | 34.91% | $3.7K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 65.61% | 61.06% | 60.31% | 65.61% | $2.4K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 70.05% | 88.09% | 79.08% | 88.09% * | $30K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 33.15% | 16.01% | 7.04% | 33.15% | $116.1K | $13.4K | Suspected exhausted (rate spike) |

_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 CELO: borrow and sell spot, long the perp

No reverse CELO 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._

## CELO perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Binance](https://afterfees.xyz/venues/binance) | CELOUSDT | -0.0215% | 8 h | −23.6% |
| [BloFin](https://afterfees.xyz/venues/blofin) | CELO-USDT | -0.0179% | 8 h | −19.6% |
| [Bybit](https://afterfees.xyz/venues/bybit) | CELOUSDT | 0.0100% | 8 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | CELOUSDTM | 0.0100% | 8 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | CELO_USDT | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | CELOUSDT | 0.0100% | 8 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | CELO-USDT-SWAP | 0.0100% | 8 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | CELO-USDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bybit, at 17.33% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend CELO.

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

Not right now: no reverse CELO 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._