# Borrow YFI: rates on every exchange

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

Updated 2026-10-29 22:06 UTC · https://afterfees.xyz/borrow/YFI

## YFI borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [OKX](https://afterfees.xyz/venues/okx) | 9.41% | 9.87% | 9.88% | 9.87% | $5.8K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 10.65% | 10.65% | 10.66% | 10.65% | $2K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 9.70% | 10.69% | 10.94% | 10.69% * | $10K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 12.55% | 12.06% | 12.07% | 12.55% | $1.9K | 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 YFI: borrow and sell spot, long the perp

No reverse YFI 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._

## YFI perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [BloFin](https://afterfees.xyz/venues/blofin) | YFI-USDT | -0.0042% | 8 h | −4.6% |
| [MEXC](https://afterfees.xyz/venues/mexc) | YFI_USDT | -0.0016% | 8 h | −1.8% |
| [Binance](https://afterfees.xyz/venues/binance) | YFIUSDT | -0.0015% | 8 h | −1.6% |
| [OKX](https://afterfees.xyz/venues/okx) | YFI-USDT-SWAP | 0.0022% | 8 h | +2.4% |
| [Gate](https://afterfees.xyz/venues/gate) | YFI_USDT | 0.0053% | 8 h | +5.8% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | YFIUSDTM | 0.0100% | 8 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | YFI-USDT | 0.0100% | 8 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | YFIUSDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

OKX, at 9.87% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend YFI.

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

Not right now: no reverse YFI 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._