# Borrow LPT: rates on every exchange

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

Updated 2026-10-29 19:10 UTC · https://afterfees.xyz/borrow/LPT

## LPT 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) | 15.08% | 15.56% | 16.30% | 15.56% * | $10K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 20.20% | 20.90% | 20.82% | 20.90% | $7.5K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 27.15% | 26.87% | 26.69% | 27.15% | $1.5K | 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 LPT: borrow and sell spot, long the perp

No reverse LPT 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._

## LPT perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [OKX](https://afterfees.xyz/venues/okx) | LPT-USDT-SWAP | -0.0236% | 4 h | −51.6% |
| [BloFin](https://afterfees.xyz/venues/blofin) | LPT-USDT | -0.0114% | 4 h | −25.0% |
| [MEXC](https://afterfees.xyz/venues/mexc) | LPT_USDT | -0.0111% | 4 h | −24.3% |
| [Binance](https://afterfees.xyz/venues/binance) | LPTUSDT | -0.0109% | 4 h | −23.9% |
| [Aster](https://afterfees.xyz/venues/aster) | LPTUSDT | -0.0042% | 4 h | −9.1% |
| [Gate](https://afterfees.xyz/venues/gate) | LPT_USDT | 0.0072% | 8 h | +7.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | LPTUSDTM | 0.0039% | 4 h | +8.5% |
| [Bitget](https://afterfees.xyz/venues/bitget) | LPTUSDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Gate, at 15.56% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend LPT.

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

Not right now: no reverse LPT 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._