Borrow RED: rates on every exchange
Annualised margin borrow rates for RED at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 22:06 UTC
RED borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Gate | 6.16% | 5.93% | 10.20% | 6.16% * | $20K | not published | Borrowable |
| Bybit | 44.27% | 44.25% | 44.25% | 44.27% | $2.4K | not published | Borrowable |
| Binance | 53.72% | 61.59% | 66.85% | 61.59% | $5.4K | not published | Borrowable |
| Bitget | 1.02% | 1.02% | 1.02% | 1.02% | $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 RED: borrow and sell spot, long the perp
No reverse RED 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.
RED perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | RED |
Questions
Where is it cheapest to borrow RED?
Gate, at 6.16% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend RED.
Can I earn negative funding on RED by borrowing it?
Not right now: no reverse RED 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.