# Borrow ZORA: rates on every exchange

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

Updated 2026-10-29 18:15 UTC · https://afterfees.xyz/borrow/ZORA

## ZORA borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bitget](https://afterfees.xyz/venues/bitget) | 11.73% | 7.85% | 47.88% | 11.73% | $89.2K | $18.5K | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 18.11% | 18.55% | 18.89% | 18.55% | $181 | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 18.73% | 18.89% | 71.65% | 18.89% * | $30K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 11.30% | 55.06% | 54.42% | 55.06% | $6.5K | 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 ZORA: borrow and sell spot, long the perp

No reverse ZORA 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._

## ZORA perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Backpack](https://afterfees.xyz/venues/backpack) | ZORA_USDC_PERP | -0.0115% | 1 h | −100.9% |
| [Gate](https://afterfees.xyz/venues/gate) | ZORA_USDT | -0.0084% | 4 h | −18.4% |
| [Lighter](https://afterfees.xyz/venues/lighter) | ZORA | 0.0009% | 1 h | +7.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ZORAUSDTM | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | ZORA_USDT | 0.0050% | 4 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | ZORA-USDT-SWAP | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | ZORAUSDT | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | ZORA-USDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 11.73% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend ZORA.

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

Not right now: no reverse ZORA 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._