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AfterFees

Borrow rates · SWARMS

Borrow SWARMS: rates on every exchange

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

Updated 2026-10-29 22:06 UTC

SWARMS borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Gate4.84%4.83%4.84%4.84% *$30Knot publishedBorrowable

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 SWARMS: borrow and sell spot, long the perp

No reverse SWARMS 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.

SWARMS perps, most negative funding first

ExchangeContractRateEveryAnnualised
KuCoinSWARMSUSDTM0.0038%4 h+8.3%
AsterSWARMSUSDT0.0050%4 h+10.9%
GateSWARMS_USDT0.0050%4 h+10.9%
BloFinSWARMS-USDT0.0136%4 h+29.8%
BinanceSWARMSUSDT0.0160%4 h+35.0%
MEXCSWARMS_USDT0.0163%4 h+35.7%
BingXSWARMS-USDT0.0175%4 h+38.3%

Coins

Funding rates and every arbitrage on this coinSWARMS

Questions

Where is it cheapest to borrow SWARMS?

Gate, at 4.84% a year at the rate we count (the higher of the current rate and the 24 h average), among 1 exchanges that lend SWARMS.

Can I earn negative funding on SWARMS by borrowing it?

Not right now: no reverse SWARMS 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.