# Borrow CNPY: rates on every exchange

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

Updated 2026-10-30 04:07 UTC · https://afterfees.xyz/borrow/CNPY

## CNPY 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) | 16.13% | 15.27% | 22.12% | 16.13% * | $10K | 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 CNPY: borrow and sell spot, long the perp

No reverse CNPY 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._

## CNPY perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [MEXC](https://afterfees.xyz/venues/mexc) | CNPY_USDT | -0.0036% | 4 h | −7.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | CNPY-USDT | -0.0036% | 4 h | −7.9% |
| [OKX](https://afterfees.xyz/venues/okx) | CNPY-USDT-SWAP | -0.0034% | 4 h | −7.5% |
| [BloFin](https://afterfees.xyz/venues/blofin) | CNPY-USDT | -0.0027% | 4 h | −6.0% |
| [Gate](https://afterfees.xyz/venues/gate) | CNPY_USDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Gate, at 16.13% a year at the rate we count (the higher of the current rate and the 24 h average), among 1 exchanges that lend CNPY.

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

Not right now: no reverse CNPY 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._