# 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 2026-10-30 11:17 UTC · https://afterfees.xyz/borrow/EIGEN

## EIGEN 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) | 5.07% | 6.14% | 7.28% | 6.14% | $17.2K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 3.09% | 8.70% | 15.85% | 8.70% | $132.5K | $50.3K | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 12.07% | 10.24% | 8.82% | 12.07% * | $120K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 10.50% | 12.90% | 14.09% | 12.90% | $9.6K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 26.32% | 22.32% | 22.42% | 26.32% | $8.1K | 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 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

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | EIGENUSDT | -0.0369% | 4 h | −80.8% |
| [OKX](https://afterfees.xyz/venues/okx) | EIGEN-USDT-SWAP | -0.0215% | 4 h | −47.1% |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_EIGENUSD | -0.0045% | 1 h | −39.2% |
| [BloFin](https://afterfees.xyz/venues/blofin) | EIGEN-USDT | -0.0162% | 4 h | −35.5% |
| [Gate](https://afterfees.xyz/venues/gate) | EIGEN_USDT | -0.0044% | 4 h | −9.6% |
| [Binance](https://afterfees.xyz/venues/binance) | EIGENUSDT | -0.0042% | 4 h | −9.2% |
| [MEXC](https://afterfees.xyz/venues/mexc) | EIGEN_USDT | -0.0041% | 4 h | −9.0% |
| [dYdX](https://afterfees.xyz/venues/dydx) | EIGEN-USD | 0.0000% | 1 h | 0.0% |

## Coins

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

## Questions

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

Bybit, at 6.14% 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._