Borrow ETHFI: rates on every exchange
Annualised margin borrow rates for ETHFI at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 18:25 UTC
ETHFI borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bitget | 3.20% | 3.24% | 3.24% | 3.24% | $367.4K | $26.3K | Borrowable |
| Binance | 10.42% | 10.26% | 10.19% | 10.42% | $10.6K | not published | Borrowable |
| Bybit | 11.01% | 11.23% | 11.01% | 11.23% | $50.2K | not published | Borrowable |
| OKX | 12.50% | 12.88% | 12.86% | 12.88% | $43K | not published | Borrowable |
| Gate | 13.06% | 13.42% | 13.56% | 13.42% * | $120K | 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 ETHFI: borrow and sell spot, long the perp
No reverse ETHFI 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.
ETHFI perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | ETHFI |
Questions
Where is it cheapest to borrow ETHFI?
Bitget, at 3.24% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend ETHFI.
Can I earn negative funding on ETHFI by borrowing it?
Not right now: no reverse ETHFI 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.