# Borrow ID: rates on every exchange

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

Updated 2026-10-30 05:06 UTC · https://afterfees.xyz/borrow/ID

## ID borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | 45.98% | 46.18% | 46.06% | 46.18% | $2.6K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 49.49% | 49.31% | 49.90% | 49.49% | $3.1K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 83.29% | 77.14% | 99.98% | 83.29% * | $20K | 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 ID: borrow and sell spot, long the perp

No reverse ID 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._

## ID perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | ID_USDT | -0.0479% | 4 h | −104.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | IDUSDTM | -0.0211% | 4 h | −46.2% |
| [Bybit](https://afterfees.xyz/venues/bybit) | IDUSDT | -0.0353% | 8 h | −38.7% |
| [Aster](https://afterfees.xyz/venues/aster) | IDUSDT | -0.0009% | 4 h | −2.0% |
| [BloFin](https://afterfees.xyz/venues/blofin) | ID-USDT | 0.0045% | 4 h | +9.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | ID_USDT | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | IDUSDT | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | ID-USDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bybit, at 46.18% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend ID.

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

Not right now: no reverse ID 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._