# Borrow FOGO: rates on every exchange

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

Updated 2026-10-30 05:57 UTC · https://afterfees.xyz/borrow/FOGO

## FOGO borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.04% | 10.98% | 20.14% | 10.98% | $21.4K | $6.8K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 10.70% | 11.19% | 11.50% | 11.19% | $1.1K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 25.81% | 25.77% | 25.05% | 25.81% | $885 | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 54.82% | 54.82% | 54.82% | 54.82% | $940 | 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._

## Reverse carry on FOGO: borrow and sell spot, long the perp

No reverse FOGO 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._

## FOGO perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [MEXC](https://afterfees.xyz/venues/mexc) | FOGO_USDT | 0.0050% | 4 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | FOGO-USDT-SWAP | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | FOGOUSDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | FOGOUSDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | FOGOUSDTM | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | FOGO-USDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | FOGOUSDT | 0.0050% | 4 h | +10.9% |
| [Aster](https://afterfees.xyz/venues/aster) | FOGOUSDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 10.98% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend FOGO.

**Can I earn negative funding on FOGO by borrowing it?**

Not right now: no reverse FOGO 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._
