Borrow IO: rates on every exchange
Annualised margin borrow rates for IO at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 16:48 UTC
IO borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bitget | 2.17% | 2.24% | 2.51% | 2.24% | $167.7K | $8.5K | Borrowable |
| Bybit | 38.24% | 38.52% | 38.48% | 38.52% | $9.2K | not published | Borrowable |
| Binance | 45.16% | 49.25% | 49.68% | 49.25% | $8.2K | not published | Borrowable |
| Gate | 78.10% | 78.78% | 78.48% | 78.78% * | $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 IO: borrow and sell spot, long the perp
No reverse IO 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.
IO perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | IO |
Questions
Where is it cheapest to borrow IO?
Bitget, at 2.24% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend IO.
Can I earn negative funding on IO by borrowing it?
Not right now: no reverse IO 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.