# Borrow CHIP: rates on every exchange

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

Updated 2026-10-29 21:17 UTC · https://afterfees.xyz/borrow/CHIP

## CHIP 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) | 60.77% | 60.80% | 61.40% | 60.80% | $35.1K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 60.94% | 60.94% | 61.18% | 60.94% | $10.2K | 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._

## Reverse carry on CHIP: borrow and sell spot, long the perp

No reverse CHIP 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._

## CHIP perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | CHIPUSDT | -0.0228% | 4 h | −50.0% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | CHIPUSDTM | -0.0051% | 4 h | −11.2% |
| [BloFin](https://afterfees.xyz/venues/blofin) | CHIP-USDT | 0.0028% | 4 h | +6.2% |
| [MEXC](https://afterfees.xyz/venues/mexc) | CHIP_USDT | 0.0037% | 4 h | +8.1% |
| [Binance](https://afterfees.xyz/venues/binance) | CHIPUSDT | 0.0039% | 4 h | +8.5% |
| [Lighter](https://afterfees.xyz/venues/lighter) | CHIP | 0.0012% | 1 h | +10.5% |
| [ApeX](https://afterfees.xyz/venues/apex) | CHIP-USDT | 0.0013% | 1 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | CHIP-USDT-SWAP | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bybit, at 60.80% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend CHIP.

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

Not right now: no reverse CHIP 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._