# Borrow GALA: rates on every exchange

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

Updated 2026-10-29 21:01 UTC · https://afterfees.xyz/borrow/GALA

## GALA 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) | 2.24% | 2.16% | 2.08% | 2.24% | $131.8K | $16.5K | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 4.35% | 4.54% | 4.57% | 4.54% | $7.9K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 4.90% | 5.04% | 5.03% | 5.04% | $13.6K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 14.28% | 14.61% | 13.73% | 14.61% * | $30K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 23.70% | 23.77% | 23.74% | 23.77% | $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 GALA: borrow and sell spot, long the perp

No reverse GALA 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._

## GALA perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_GALAUSD | -0.0005% | 1 h | −4.5% |
| [Gate](https://afterfees.xyz/venues/gate) | GALA_USDT | -0.0031% | 8 h | −3.4% |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | GALA | -0.0000% | 1 h | −0.4% |
| [MEXC](https://afterfees.xyz/venues/mexc) | GALA_USDT | 0.0026% | 8 h | +2.8% |
| [Binance](https://afterfees.xyz/venues/binance) | GALAUSDT | 0.0028% | 8 h | +3.1% |
| [BloFin](https://afterfees.xyz/venues/blofin) | GALA-USDT | 0.0042% | 8 h | +4.6% |
| [Bitget](https://afterfees.xyz/venues/bitget) | GALAUSDT | 0.0087% | 8 h | +9.5% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | GALAUSDTM | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 2.24% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend GALA.

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

Not right now: no reverse GALA 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._
