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AfterFees

Borrow rates · LUNA

Borrow LUNA: rates on every exchange

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

Updated 2026-10-29 19:05 UTC

LUNA borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bybit9.84%9.52%9.44%9.84%$2.5Knot publishedBorrowable
OKX14.40%14.16%14.36%14.40%$10.9Knot publishedBorrowable
Binance45.26%44.92%45.10%45.26%$2.7Knot publishedBorrowable
Gate53.09%53.09%53.09%53.09% *$0not publishedNot lendable

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 LUNA: borrow and sell spot, long the perp

No reverse LUNA 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.

LUNA perps, most negative funding first

ExchangeContractRateEveryAnnualised
KuCoinLUNAUSDTM0.0050%4 h+10.9%
OKXLUNA-USDT-SWAP0.0050%4 h+10.9%
BitgetLUNAUSDT0.0050%4 h+10.9%
BingXLUNA-USDT0.0050%4 h+10.9%
GateLUNA_USDT0.0100%8 h+10.9%

Coins

Funding rates and every arbitrage on this coinLUNA

Questions

Where is it cheapest to borrow LUNA?

Bybit, at 9.84% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend LUNA.

Can I earn negative funding on LUNA by borrowing it?

Not right now: no reverse LUNA 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.