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AfterFees

Borrow rates · EIGEN

Borrow EIGEN: rates on every exchange

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

Updated 2026-10-29 18:25 UTC

EIGEN borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bybit7.00%7.89%8.16%7.89%$19.9Knot publishedBorrowable
Gate8.19%8.51%8.52%8.51% *$30Knot publishedBorrowable
OKX14.71%15.02%15.23%15.02%$11.1Knot publishedBorrowable
Binance20.72%20.64%22.01%20.72%$9.3Knot publishedBorrowable
Bitget3.34%23.35%15.18%23.35%$153.4K$57.9KBorrowable

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 EIGEN: borrow and sell spot, long the perp

No reverse EIGEN 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.

EIGEN perps, most negative funding first

ExchangeContractRateEveryAnnualised
KrakenPF_EIGENUSD-0.0045%1 h−39.4%
dYdXEIGEN-USD0.0000%1 h0.0%
OKXEIGEN-USDT-SWAP0.0030%4 h+6.5%
LighterEIGEN0.0012%1 h+10.5%
KuCoinEIGENUSDTM0.0050%4 h+10.9%
MEXCEIGEN_USDT0.0050%4 h+10.9%
ApeXEIGEN-USDT0.0013%1 h+10.9%
BitgetEIGENUSDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinEIGEN

Questions

Where is it cheapest to borrow EIGEN?

Bybit, at 7.89% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend EIGEN.

Can I earn negative funding on EIGEN by borrowing it?

Not right now: no reverse EIGEN 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.