# Borrow XCN: rates on every exchange

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

Updated 2026-10-30 00:17 UTC · https://afterfees.xyz/borrow/XCN

## XCN 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) | 12.82% | 13.57% | 95.63% | 13.57% * | $20K | 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 XCN: borrow and sell spot, long the perp

No reverse XCN 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._

## XCN perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | XCNUSDT | -0.1067% | 4 h | −233.6% |
| [BingX](https://afterfees.xyz/venues/bingx) | XCN-USDT | -0.0540% | 4 h | −118.3% |
| [Gate](https://afterfees.xyz/venues/gate) | XCN_USDT | -0.0294% | 4 h | −64.4% |

## Coins

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

## Questions

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

Gate, at 13.57% a year at the rate we count (the higher of the current rate and the 24 h average), among 1 exchanges that lend XCN.

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

Not right now: no reverse XCN 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._