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AfterFees

Borrow rates · PAXG

Borrow PAXG: rates on every exchange

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

Updated 2026-10-29 20:52 UTC

PAXG borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Binance0.91%0.91%0.91%0.91%$241.4Knot publishedBorrowable
OKX1.01%1.01%1.01%1.01%$40.2Knot publishedBorrowable
Bitget2.34%2.34%2.37%2.34%$186.4K$238.8KBorrowable
Gate5.11%5.11%5.28%5.11% *$30Knot 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 PAXG: borrow and sell spot, long the perp

No reverse PAXG 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.

PAXG perps, most negative funding first

ExchangeContractRateEveryAnnualised
dYdXPAXG-USD0.0000%1 h0.0%
KrakenPF_PAXGUSD0.0003%1 h+2.7%
HyperliquidPAXG0.0006%1 h+5.4%
GatePAXG_USDT0.0081%8 h+8.9%
LighterPAXG0.0012%1 h+10.5%
ParadexPAXG-USD-PERP0.0100%8 h+10.9%
KuCoinPAXGUSDTM0.0050%4 h+10.9%
MEXCPAXG_USDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinPAXG

Questions

Where is it cheapest to borrow PAXG?

Binance, at 0.91% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend PAXG.

Can I earn negative funding on PAXG by borrowing it?

Not right now: no reverse PAXG 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.