# Borrow PROM: rates on every exchange

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

Updated 2026-10-29 18:00 UTC · https://afterfees.xyz/borrow/PROM

## PROM borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | 4.16% | 4.23% | 4.87% | 4.23% * | $20K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 54.97% | 55.35% | 55.39% | 55.35% | $2.8K | 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 PROM: borrow and sell spot, long the perp

No reverse PROM 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._

## PROM perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [BloFin](https://afterfees.xyz/venues/blofin) | PROM-USDT | 0.0033% | 4 h | +7.2% |
| [BingX](https://afterfees.xyz/venues/bingx) | PROM-USDT | 0.0035% | 4 h | +7.7% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | PROMUSDTM | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | PROM_USDT | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | PROMUSDT | 0.0050% | 4 h | +10.9% |
| [Aster](https://afterfees.xyz/venues/aster) | PROMUSDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | PROMUSDT | 0.0050% | 4 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | PROM_USDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Gate, at 4.23% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend PROM.

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

Not right now: no reverse PROM 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._