Borrow WAL: rates on every exchange
Annualised margin borrow rates for WAL at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 16:11 UTC
WAL borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bitget | 1.45% | 6.84% | 8.00% | 6.84% | $193K | $3.3K | Borrowable |
| Gate | 7.96% | 7.99% | 13.30% | 7.99% * | $30K | not published | Borrowable |
| Bybit | 8.55% | 9.83% | 9.76% | 9.83% | $6.7K | not published | Borrowable |
| Binance | 64.11% | 88.09% | 85.80% | 88.09% | $9.6K | 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 WAL: borrow and sell spot, long the perp
No reverse WAL 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.
WAL perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | WAL |
Questions
Where is it cheapest to borrow WAL?
Bitget, at 6.84% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend WAL.
Can I earn negative funding on WAL by borrowing it?
Not right now: no reverse WAL 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.