Loading…
AfterFees

Borrow rates · POL

Borrow POL: rates on every exchange

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

Updated 2026-10-29 17:40 UTC

POL borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget3.43%3.43%3.44%3.43%$665K$205KBorrowable
Bybit5.28%5.74%5.78%5.74%$38.5Knot publishedBorrowable
OKX1.01%7.77%10.08%7.77%$26Knot publishedBorrowable
Binance14.69%14.24%14.37%14.69%$28.8Knot publishedBorrowable
Gate17.01%16.54%16.40%17.01% *$120Knot 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 POL: borrow and sell spot, long the perp

No reverse POL 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.

POL perps, most negative funding first

ExchangeContractRateEveryAnnualised
KrakenPF_POLUSD-0.0190%1 h−166.5%
BloFinPOL-USDT-0.0082%4 h−18.1%
AsterPOLUSDT-0.0050%4 h−11.0%
OKXPOL-USDT-SWAP-0.0041%4 h−8.9%
BinancePOLUSDT-0.0021%4 h−4.5%
MEXCPOL_USDT-0.0019%4 h−4.2%
dYdXPOL-USD0.0000%1 h0.0%
GRVTPOL_USDT_Perp0.0001%4 h+0.2%

Coins

Funding rates and every arbitrage on this coinPOL

Questions

Where is it cheapest to borrow POL?

Bitget, at 3.43% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend POL.

Can I earn negative funding on POL by borrowing it?

Not right now: no reverse POL 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.