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AfterFees

Borrow rates · ONG

Borrow ONG: rates on every exchange

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

Updated 2026-10-29 16:11 UTC

ONG borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Gate11.69%11.79%22.06%11.79% *$30Knot publishedBorrowable
Binance119.43%119.43%119.43%119.43%$2.8Knot publishedBorrowable

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 ONG: borrow and sell spot, long the perp

No reverse ONG 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.

ONG perps, most negative funding first

ExchangeContractRateEveryAnnualised
GateONG_USDT0.0008%4 h+1.8%
MEXCONG_USDT0.0050%4 h+10.9%
BitgetONGUSDT0.0050%4 h+10.9%
HTXONG-USDT0.0050%4 h+10.9%
BingXONG-USDT0.0050%4 h+10.9%
BybitONGUSDT0.0050%4 h+10.9%
AsterONGUSDT0.0050%4 h+10.9%
BinanceONGUSDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinONG

Questions

Where is it cheapest to borrow ONG?

Gate, at 11.79% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend ONG.

Can I earn negative funding on ONG by borrowing it?

Not right now: no reverse ONG 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.