# Borrow LTC: rates on every exchange

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

Updated 2026-10-30 05:07 UTC · https://afterfees.xyz/borrow/LTC

## LTC borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [OKX](https://afterfees.xyz/venues/okx) | 1.01% | 1.01% | 1.01% | 1.01% | $281.4K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.57% | 1.58% | 1.58% | 1.58% | $1.3M | $546.1K | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 2.88% | 2.91% | 2.90% | 2.91% | $225K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 3.73% | 3.72% | 3.74% | 3.73% * | $4M | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 4.31% | 4.37% | 4.35% | 4.37% | $225.1K | 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 LTC: borrow and sell spot, long the perp

No reverse LTC 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._

## LTC perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_LTCUSD | -0.0016% | 1 h | −14.0% |
| [OKX](https://afterfees.xyz/venues/okx) | LTC-USDT-SWAP | 0.0020% | 8 h | +2.2% |
| [dYdX](https://afterfees.xyz/venues/dydx) | LTC-USD | 0.0005% | 1 h | +4.6% |
| [Gate](https://afterfees.xyz/venues/gate) | LTC_USDT | 0.0044% | 8 h | +4.8% |
| [Paradex](https://afterfees.xyz/venues/paradex) | LTC-USD-PERP | 0.0094% | 8 h | +10.3% |
| [Lighter](https://afterfees.xyz/venues/lighter) | LTC | 0.0012% | 1 h | +10.5% |
| [Backpack](https://afterfees.xyz/venues/backpack) | LTC_USDC_PERP | 0.0013% | 1 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | LTC_USDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

OKX, at 1.01% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend LTC.

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

Not right now: no reverse LTC 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._