# Borrow IN: rates on every exchange

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

Updated 2026-10-30 11:17 UTC · https://afterfees.xyz/borrow/IN

## IN borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | 41.31% | 54.14% | 217.76% | 54.14% * | $30K | 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 IN: borrow and sell spot, long the perp

No reverse IN 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._

## IN perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bitget](https://afterfees.xyz/venues/bitget) | INUSDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | INUSDTM | 0.0050% | 4 h | +10.9% |
| [Aster](https://afterfees.xyz/venues/aster) | INUSDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | INUSDT | 0.0051% | 4 h | +11.2% |
| [Binance](https://afterfees.xyz/venues/binance) | INUSDT | 0.0129% | 4 h | +28.4% |
| [MEXC](https://afterfees.xyz/venues/mexc) | IN_USDT | 0.0133% | 4 h | +29.1% |
| [BingX](https://afterfees.xyz/venues/bingx) | IN-USDT | 0.0142% | 4 h | +31.1% |
| [Gate](https://afterfees.xyz/venues/gate) | IN_USDT | 0.0288% | 4 h | +63.1% |

## Coins

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

## Questions

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

Gate, at 54.14% a year at the rate we count (the higher of the current rate and the 24 h average), among 1 exchanges that lend IN.

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

Not right now: no reverse IN 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._