# Borrow PORTAL: rates on every exchange

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

Updated 2026-10-30 05:57 UTC · https://afterfees.xyz/borrow/PORTAL

## PORTAL borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | 1.00% | 1.00% | 1.00% | 1.00% | $1.4K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 50.40% | 50.40% | 50.40% | 50.40% | $2.7K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 7.64% | 95.81% | 21.38% | 95.81% * | $10K | 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 PORTAL: borrow and sell spot, long the perp

No reverse PORTAL 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._

## PORTAL perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_PORTALUSD | -0.0098% | 1 h | −85.8% |
| [Bybit](https://afterfees.xyz/venues/bybit) | PORTALUSDT | -0.0056% | 4 h | −12.3% |
| [MEXC](https://afterfees.xyz/venues/mexc) | PORTAL_USDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | PORTALUSDTM | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | PORTAL-USDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | PORTALUSDT | 0.0050% | 4 h | +10.9% |
| [Aster](https://afterfees.xyz/venues/aster) | PORTALUSDT | 0.0050% | 4 h | +10.9% |
| [BloFin](https://afterfees.xyz/venues/blofin) | PORTAL-USDT | 0.0051% | 4 h | +11.1% |

## Coins

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

## Questions

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

Bybit, at 1.00% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend PORTAL.

**Can I earn negative funding on PORTAL by borrowing it?**

Not right now: no reverse PORTAL 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._