# 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 05:12 UTC · https://afterfees.xyz/borrow/PEOPLE

## PEOPLE borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [OKX](https://afterfees.xyz/venues/okx) | 6.31% | 6.58% | 6.57% | 6.58% | $28.3K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 6.65% | 6.75% | 7.29% | 6.75% * | $20K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 8.09% | 8.11% | 8.07% | 8.11% | $3.5K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 41.07% | 41.71% | 42.33% | 41.71% | $5K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/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](https://afterfees.xyz/venues/kraken) | PF_PEOPLEUSD | -0.0201% | 1 h | −176.3% |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | PEOPLE | -0.0034% | 1 h | −29.7% |
| [BloFin](https://afterfees.xyz/venues/blofin) | PEOPLE-USDT | 0.0098% | 8 h | +10.8% |
| [MEXC](https://afterfees.xyz/venues/mexc) | PEOPLE_USDT | 0.0100% | 8 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | PEOPLE-USDT-SWAP | 0.0100% | 8 h | +10.9% |
| [HTX](https://afterfees.xyz/venues/htx) | PEOPLE-USDT | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | PEOPLEUSDT | 0.0100% | 8 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | PEOPLEUSDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

OKX, at 6.58% 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._