# Borrow OPG: rates on every exchange

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

Updated 2026-10-29 22:56 UTC · https://afterfees.xyz/borrow/OPG

## OPG 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) | 9.21% | 12.24% | 19.84% | 12.24% * | $10K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 24.47% | 24.23% | 24.26% | 24.47% | $2.9K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 24.84% | 26.58% | 26.23% | 26.58% | $2.1K | 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 OPG: borrow and sell spot, long the perp

No reverse OPG 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._

## OPG perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | OPGUSDT | -0.0134% | 4 h | −29.4% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | OPGUSDTM | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | OPG_USDT | 0.0050% | 4 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | OPG-USDT-SWAP | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | OPGUSDT | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | OPG-USDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | OPGUSDT | 0.0050% | 4 h | +10.9% |
| [BloFin](https://afterfees.xyz/venues/blofin) | OPG-USDT | 0.0071% | 4 h | +15.6% |

## Coins

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

## Questions

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

Gate, at 12.24% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend OPG.

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

Not right now: no reverse OPG 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._