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AfterFees

Borrow rates · TRX

Borrow TRX: rates on every exchange

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

Updated 2026-10-29 19:46 UTC

TRX borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Gate2.49%2.49%2.49%2.49% *$240Knot publishedBorrowable
Bitget7.91%7.92%7.86%7.92%$3.3M$923KBorrowable
Binance10.76%10.69%10.66%10.76%$50.1Knot publishedBorrowable
OKX13.10%13.51%13.65%13.51%$497.5Knot publishedBorrowable
Bybit16.14%16.01%15.96%16.14%$196Knot 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 TRX: borrow and sell spot, long the perp

No reverse TRX 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.

TRX perps, most negative funding first

ExchangeContractRateEveryAnnualised
HTXTRX-USDT-0.0277%8 h−30.4%
BackpackTRX_USDC_PERP-0.0020%1 h−17.6%
OKXTRX-USDT-SWAP-0.0046%8 h−5.1%
AsterTRXUSDT-0.0002%8 h−0.3%
dYdXTRX-USD0.0000%1 h0.0%
GateTRX_USDT0.0029%8 h+3.2%
BybitTRXUSDT0.0037%8 h+4.0%
KrakenPF_TRXUSD0.0005%1 h+4.6%

Coins

Funding rates and every arbitrage on this coinTRX

Questions

Where is it cheapest to borrow TRX?

Gate, at 2.49% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend TRX.

Can I earn negative funding on TRX by borrowing it?

Not right now: no reverse TRX 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.