Loading…
AfterFees

Borrow rates · SONIC

Borrow SONIC: rates on every exchange

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

Updated 2026-10-29 18:20 UTC

SONIC borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Gate6.14%28.52%25.02%28.52% *$10Knot publishedBorrowable
Bitget4.90%2.19%1.49%4.90%$84.4K$20.9KSuspected exhausted (rate spike)

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 SONIC: borrow and sell spot, long the perp

No reverse SONIC 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.

SONIC perps, most negative funding first

ExchangeContractRateEveryAnnualised
KuCoinSONICUSDTM0.0050%4 h+10.9%
BitgetSONICUSDT0.0050%4 h+10.9%
BybitSONICUSDT0.0050%4 h+10.9%
GateSONIC_USDT0.0050%4 h+10.9%
MEXCSONIC_USDT0.0174%4 h+38.1%
BinanceSONICUSDT0.0183%4 h+40.1%
BloFinSONIC-USDT0.0195%4 h+42.6%

Coins

Funding rates and every arbitrage on this coinSONIC

Questions

Where is it cheapest to borrow SONIC?

Gate, at 28.52% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend SONIC.

Can I earn negative funding on SONIC by borrowing it?

Not right now: no reverse SONIC 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.