Loading…
AfterFees

Borrow rates · TURTLE

Borrow TURTLE: rates on every exchange

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

Updated 2026-10-29 20:56 UTC

TURTLE borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Gate21.68%21.71%26.84%21.71% *$10Knot publishedBorrowable
Binance69.96%69.96%69.96%69.96%$2.5Knot 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 TURTLE: borrow and sell spot, long the perp

No reverse TURTLE 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.

TURTLE perps, most negative funding first

ExchangeContractRateEveryAnnualised
AsterTURTLEUSDT-0.0123%4 h−27.0%
MEXCTURTLE_USDT-0.0077%4 h−16.9%
BinanceTURTLEUSDT-0.0074%4 h−16.2%
BloFinTURTLE-USDT-0.0048%4 h−10.6%
KuCoinTURTLEUSDTM-0.0004%4 h−0.9%
GateTURTLE_USDT0.0012%8 h+1.3%
BingXTURTLE-USDT0.0050%4 h+10.9%
BybitTURTLEUSDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinTURTLE

Questions

Where is it cheapest to borrow TURTLE?

Gate, at 21.71% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend TURTLE.

Can I earn negative funding on TURTLE by borrowing it?

Not right now: no reverse TURTLE 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.