Borrow PEOPLE: rates on every exchange
Annualised margin borrow rates for PEOPLE at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-30 00:07 UTC
PEOPLE borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Gate | 6.67% | 6.79% | 7.30% | 6.79% * | $20K | not published | Borrowable |
| OKX | 7.10% | 6.65% | 6.61% | 7.10% | $27.9K | not published | Borrowable |
| Bybit | 8.08% | 8.12% | 8.06% | 8.12% | $3.5K | not published | Borrowable |
| Binance | 41.32% | 41.82% | 42.43% | 41.82% | $4.9K | not published | Borrowable |
| Bitget | 1.01% | 1.01% | 1.01% | 1.01% | $0 | $0 | Pool 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 PEOPLE: borrow and sell spot, long the perp
No reverse PEOPLE 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.
PEOPLE perps, most negative funding first
| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| Kraken | PF_PEOPLEUSD | -0.0184% | 1 h | −161.1% |
| Gate | PEOPLE_USDT | -0.0281% | 8 h | −30.8% |
| OKX | PEOPLE-USDT-SWAP | -0.0153% | 8 h | −16.8% |
| MEXC | PEOPLE_USDT | -0.0152% | 8 h | −16.6% |
| Binance | PEOPLEUSDT | -0.0059% | 8 h | −6.4% |
| BloFin | PEOPLE-USDT | -0.0042% | 8 h | −4.5% |
| Bybit | PEOPLEUSDT | -0.0033% | 8 h | −3.6% |
| Hyperliquid | PEOPLE | -0.0001% | 1 h | −1.1% |
Coins
| Funding rates and every arbitrage on this coin | PEOPLE |
Questions
Where is it cheapest to borrow PEOPLE?
Gate, at 6.79% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend PEOPLE.
Can I earn negative funding on PEOPLE by borrowing it?
Not right now: no reverse PEOPLE 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.