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AfterFees

Borrow rates · ERA

Borrow ERA: rates on every exchange

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

Updated 2026-10-29 17:29 UTC

ERA borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Binance104.14%103.97%104.24%104.14%$2.5Knot publishedBorrowable
Gate589.20%512.96%534.49%589.20% *$30Knot publishedPool exhausted

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 ERA: borrow and sell spot, long the perp

No reverse ERA 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.

ERA perps, most negative funding first

ExchangeContractRateEveryAnnualised
GateERA_USDT-0.1536%4 h−336.4%
BinanceERAUSDT-0.0321%1 h−280.9%
MEXCERA_USDT-0.0320%1 h−280.3%
AsterERAUSDT-0.1222%4 h−267.6%
KuCoinERAUSDTM-0.0292%1 h−255.8%
BitgetERAUSDT-0.0198%1 h−173.4%
BybitERAUSDT-0.0724%4 h−158.6%
BingXERA-USDT-0.0056%1 h−49.1%

Coins

Funding rates and every arbitrage on this coinERA

Questions

Where is it cheapest to borrow ERA?

Binance, at 104.14% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend ERA.

Can I earn negative funding on ERA by borrowing it?

Not right now: no reverse ERA 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.