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AfterFees

Borrow rates · TAO

Borrow TAO: rates on every exchange

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

Updated 2026-10-29 16:54 UTC

TAO borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
OKX1.01%1.01%1.01%1.01%$192.4Knot publishedBorrowable
Bitget1.56%1.58%1.67%1.58%$1.3M$165.8KBorrowable
Binance5.60%5.46%5.48%5.60%$25.6Knot publishedBorrowable
Gate3.50%5.74%4.86%5.74% *$240Knot 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 TAO: borrow and sell spot, long the perp

No reverse TAO 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.

TAO perps, most negative funding first

ExchangeContractRateEveryAnnualised
LighterTAO0.0012%1 h+10.5%
ParadexTAO-USD-PERP0.0100%8 h+10.9%
KuCoinTAOUSDTM0.0050%4 h+10.9%
MEXCTAO_USDT0.0050%4 h+10.9%
ApeXTAO-USDT0.0013%1 h+10.9%
OKXTAO-USDT-SWAP0.0100%8 h+10.9%
BitgetTAOUSDT0.0050%4 h+10.9%
HTXTAO-USDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinTAO

Questions

Where is it cheapest to borrow TAO?

OKX, at 1.01% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend TAO.

Can I earn negative funding on TAO by borrowing it?

Not right now: no reverse TAO 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.