Borrow XRP: rates on every exchange
Annualised margin borrow rates for XRP at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 20:52 UTC
XRP borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| OKX | 1.01% | 1.01% | 1.01% | 1.01% | $3.1M | not published | Borrowable |
| Bitget | 1.08% | 1.08% | 1.08% | 1.08% | $10M | $3.3M | Borrowable |
| Bybit | 3.24% | 3.27% | 3.19% | 3.27% | $6.7M | not published | Borrowable |
| Binance | 3.27% | 3.30% | 3.27% | 3.30% | $909.1K | not published | Borrowable |
| Gate | 3.33% | 3.36% | 3.51% | 3.36% * | $6M | 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 XRP: borrow and sell spot, long the perp
No reverse XRP 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.
XRP perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | XRP |
Questions
Where is it cheapest to borrow XRP?
OKX, at 1.01% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend XRP.
Can I earn negative funding on XRP by borrowing it?
Not right now: no reverse XRP 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.