# 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 2026-10-30 10:31 UTC · https://afterfees.xyz/borrow/SONIC

## SONIC 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) | 6.17% | 28.42% | 25.00% | 28.42% * | $20K | 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 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

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | SONICUSDT | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | SONICUSDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | SONICUSDTM | 0.0050% | 4 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | SONIC_USDT | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | SONIC_USDT | 0.0059% | 4 h | +12.9% |
| [Binance](https://afterfees.xyz/venues/binance) | SONICUSDT | 0.0070% | 4 h | +15.3% |
| [BloFin](https://afterfees.xyz/venues/blofin) | SONIC-USDT | 0.0076% | 4 h | +16.6% |

## Coins

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

## Questions

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

Gate, at 28.42% a year at the rate we count (the higher of the current rate and the 24 h average), among 1 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._