# Borrow TRUMP: rates on every exchange

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

Updated 2026-10-30 00:09 UTC · https://afterfees.xyz/borrow/TRUMP

## TRUMP borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.89% | 1.74% | 1.75% | 1.89% | $154.4K | $92K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 8.67% | 8.55% | 8.57% | 8.67% | $58.9K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 11.00% | 11.21% | 11.00% | 11.21% | $69.4K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 23.07% | 22.75% | 22.68% | 23.07% | $9.3K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 26.63% | 26.49% | 26.50% | 26.63% * | $240K | 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 TRUMP: borrow and sell spot, long the perp

No reverse TRUMP 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._

## TRUMP perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | TRUMPUSDT | -0.0405% | 4 h | −88.7% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | TRUMPUSDTM | -0.0146% | 4 h | −32.0% |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_TRUMPUSD | -0.0035% | 1 h | −30.2% |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | TRUMP | -0.0014% | 1 h | −12.6% |
| [OKX](https://afterfees.xyz/venues/okx) | TRUMP-USDT-SWAP | -0.0025% | 4 h | −5.6% |
| [Gate](https://afterfees.xyz/venues/gate) | TRUMP_USDT | -0.0010% | 4 h | −2.2% |
| [Paradex](https://afterfees.xyz/venues/paradex) | TRUMP-USD-PERP | 0.0033% | 8 h | +3.6% |
| [Lighter](https://afterfees.xyz/venues/lighter) | TRUMP | 0.0012% | 1 h | +10.5% |

## Coins

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

## Questions

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

Bitget, at 1.89% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend TRUMP.

**Can I earn negative funding on TRUMP by borrowing it?**

Not right now: no reverse TRUMP 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._