# Borrow KGEN: rates on every exchange

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

Updated 2026-10-30 08:17 UTC · https://afterfees.xyz/borrow/KGEN

## KGEN 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) | 1.11% | 1.76% | 1.25% | 1.76% | $38.7K | $74.6K | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 11.39% | 10.74% | 11.06% | 11.39% * | $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 KGEN: borrow and sell spot, long the perp

No reverse KGEN 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._

## KGEN perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [BloFin](https://afterfees.xyz/venues/blofin) | KGEN-USDT | 0.0045% | 4 h | +9.8% |
| [MEXC](https://afterfees.xyz/venues/mexc) | KGEN_USDT | 0.0050% | 4 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | KGEN-USDT-SWAP | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | KGENUSDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | KGENUSDTM | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | KGENUSDT | 0.0050% | 4 h | +10.9% |
| [Aster](https://afterfees.xyz/venues/aster) | KGENUSDT | 0.0050% | 4 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | KGEN_USDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.76% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend KGEN.

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

Not right now: no reverse KGEN 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._