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AfterFees

Borrow rates · ORCA

Borrow ORCA: rates on every exchange

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

Updated 2026-10-29 17:40 UTC

ORCA borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Gate8.07%8.07%9.10%8.07% *$30Knot publishedBorrowable
Binance63.47%63.47%63.47%63.47%$3.4Knot publishedBorrowable
Bitget1.02%1.02%1.02%1.02%$0$0Pool exhausted

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 ORCA: borrow and sell spot, long the perp

No reverse ORCA 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.

ORCA perps, most negative funding first

ExchangeContractRateEveryAnnualised
BloFinORCA-USDT0.0026%4 h+5.8%
KuCoinORCAUSDTM0.0046%4 h+10.1%
MEXCORCA_USDT0.0050%4 h+10.9%
BitgetORCAUSDT0.0050%4 h+10.9%
BingXORCA-USDT0.0050%4 h+10.9%
BybitORCAUSDT0.0050%4 h+10.9%
AsterORCAUSDT0.0050%4 h+10.9%
BinanceORCAUSDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinORCA

Questions

Where is it cheapest to borrow ORCA?

Gate, at 8.07% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend ORCA.

Can I earn negative funding on ORCA by borrowing it?

Not right now: no reverse ORCA 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.