# 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 2026-10-30 04:06 UTC · https://afterfees.xyz/borrow/TURTLE

## TURTLE borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | 24.77% | 22.27% | 26.79% | 24.77% * | $20K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 69.96% | 69.96% | 69.96% | 69.96% | $2.4K | 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 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

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [BloFin](https://afterfees.xyz/venues/blofin) | TURTLE-USDT | 0.0041% | 4 h | +8.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | TURTLEUSDTM | 0.0047% | 4 h | +10.3% |
| [Aster](https://afterfees.xyz/venues/aster) | TURTLEUSDT | 0.0047% | 4 h | +10.3% |
| [MEXC](https://afterfees.xyz/venues/mexc) | TURTLE_USDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | TURTLEUSDT | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | TURTLE-USDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | TURTLEUSDT | 0.0050% | 4 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | TURTLE_USDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Gate, at 24.77% 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._