# Borrow O: rates on every exchange

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

Updated 2026-10-30 05:06 UTC · https://afterfees.xyz/borrow/O

## O 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) | 1.04% | 1.16% | 1.24% | 1.16% | $41.5K | $123.6K | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 24.52% | 18.36% | 56.16% | 24.52% * | $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 O: borrow and sell spot, long the perp

No reverse O 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._

## O perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bitget](https://afterfees.xyz/venues/bitget) | OUSDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | OUSDT | 0.0050% | 4 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | O_USDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | OUSDTM | 0.0053% | 4 h | +11.6% |
| [BloFin](https://afterfees.xyz/venues/blofin) | O-USDT | 0.0072% | 4 h | +15.8% |
| [MEXC](https://afterfees.xyz/venues/mexc) | O_USDT | 0.0115% | 4 h | +25.2% |
| [OKX](https://afterfees.xyz/venues/okx) | O-USDT-SWAP | 0.0116% | 4 h | +25.4% |
| [Aster](https://afterfees.xyz/venues/aster) | OUSDT | 0.0243% | 4 h | +53.3% |

## Coins

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

## Questions

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

Bitget, at 1.16% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend O.

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

Not right now: no reverse O 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._