Borrow LAYER: rates on every exchange
Annualised margin borrow rates for LAYER at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 19:20 UTC
LAYER borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Gate | 6.72% | 6.79% | 9.00% | 6.79% * | $10K | not published | Borrowable |
| Bybit | 10.05% | 10.09% | 10.06% | 10.09% | $4.4K | not published | Borrowable |
| OKX | 10.21% | 10.19% | 10.88% | 10.21% | $4.7K | not published | Borrowable |
| Binance | 45.41% | 45.41% | 45.41% | 45.41% | $2.6K | 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 LAYER: borrow and sell spot, long the perp
No reverse LAYER 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.
LAYER perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | LAYER |
Questions
Where is it cheapest to borrow LAYER?
Gate, at 6.79% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend LAYER.
Can I earn negative funding on LAYER by borrowing it?
Not right now: no reverse LAYER 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.