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AfterFees

Borrow rates · ETC

Borrow ETC: rates on every exchange

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

Updated 2026-10-30 02:13 UTC

ETC borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
OKX1.01%1.01%1.01%1.01%$52.7Knot publishedBorrowable
Bitget1.34%1.35%1.33%1.35%$191.9K$139.5KBorrowable
Binance2.54%2.36%2.36%2.54%$35.1Knot publishedBorrowable
Bybit2.79%2.51%2.46%2.79%$24Knot publishedBorrowable
Gate3.34%3.41%3.98%3.41% *$120Knot publishedBorrowable

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 ETC: borrow and sell spot, long the perp

No reverse ETC 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.

ETC perps, most negative funding first

ExchangeContractRateEveryAnnualised
KrakenPF_ETCUSD-0.0049%1 h−42.7%
KuCoinETCUSDTM-0.0372%8 h−40.7%
HyperliquidETC-0.0042%1 h−36.7%
BybitETCUSDT-0.0330%8 h−36.1%
MEXCETC_USDT-0.0182%8 h−19.9%
BloFinETC-USDT-0.0181%8 h−19.8%
BinanceETCUSDT-0.0180%8 h−19.7%
AsterETCUSDT-0.0171%8 h−18.7%

Coins

Funding rates and every arbitrage on this coinETC

Questions

Where is it cheapest to borrow ETC?

OKX, at 1.01% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend ETC.

Can I earn negative funding on ETC by borrowing it?

Not right now: no reverse ETC 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.