# Borrow USUAL: rates on every exchange

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

Updated 2026-10-30 05:06 UTC · https://afterfees.xyz/borrow/USUAL

## USUAL borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Binance](https://afterfees.xyz/venues/binance) | 22.31% | 22.31% | 22.31% | 22.31% | $6.7K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 49.13% | 43.93% | 39.03% | 49.13% * | $20K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.01% | 1.01% | 1.01% | 1.01% | $0 | $0 | Pool exhausted |

_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 USUAL: borrow and sell spot, long the perp

No reverse USUAL 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._

## USUAL perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [MEXC](https://afterfees.xyz/venues/mexc) | USUAL_USDT | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | USUALUSDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | USUALUSDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | USUALUSDTM | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | USUAL-USDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | USUALUSDT | 0.0050% | 4 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | USUAL_USDT | 0.0100% | 8 h | +10.9% |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | USUAL | 0.0013% | 1 h | +10.9% |

## Coins

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

## Questions

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

Binance, at 22.31% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend USUAL.

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

Not right now: no reverse USUAL 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._