# Borrow ORDI: rates on every exchange

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

Updated 2026-10-30 04:16 UTC · https://afterfees.xyz/borrow/ORDI

## ORDI 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) | 1.23% | 1.22% | 1.26% | 1.23% | $204.2K | $150K | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 4.81% | 4.82% | 4.89% | 4.82% * | $30K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 6.84% | 7.92% | 8.47% | 7.92% | $10.2K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 9.91% | 9.44% | 9.42% | 9.91% | $61.3K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 9.35% | 12.38% | 12.98% | 12.38% | $3.4K | 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 ORDI: borrow and sell spot, long the perp

No reverse ORDI 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._

## ORDI perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_ORDIUSD | -0.0043% | 1 h | −38.0% |
| [MEXC](https://afterfees.xyz/venues/mexc) | ORDI_USDT | 0.0050% | 4 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | ORDI-USDT-SWAP | 0.0050% | 4 h | +10.9% |
| [HTX](https://afterfees.xyz/venues/htx) | ORDI-USDT | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | ORDIUSDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | ORDIUSDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ORDIUSDTM | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | ORDI-USDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.23% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend ORDI.

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

Not right now: no reverse ORDI 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._