Borrow PENDLE: rates on every exchange
Annualised margin borrow rates for PENDLE at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 20:41 UTC
PENDLE borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bitget | 1.30% | 1.30% | 1.30% | 1.30% | $265.9K | $352.9K | Borrowable |
| Binance | 4.41% | 4.41% | 4.40% | 4.41% | $46.5K | not published | Borrowable |
| Bybit | 6.40% | 6.47% | 6.48% | 6.47% | $216.6K | not published | Borrowable |
| Gate | 11.68% | 11.69% | 12.52% | 11.69% * | $20K | 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 PENDLE: borrow and sell spot, long the perp
No reverse PENDLE 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.
PENDLE perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | PENDLE |
Questions
Where is it cheapest to borrow PENDLE?
Bitget, at 1.30% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend PENDLE.
Can I earn negative funding on PENDLE by borrowing it?
Not right now: no reverse PENDLE 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.