# 牛来 funding rates and arbitrage

Updated 2026-10-29 15:07 UTC · https://afterfees.xyz/coin/%E7%89%9B%E6%9D%A5

## Best 牛来 arbitrage after every cost

No 牛来 pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## 牛来 funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Bitget](https://afterfees.xyz/venues/bitget) | 牛来USDT | 0.0050% | 4 h | +10.9% | +11.0% | $931.7K | 2026-10-29 16:00 |
| [HTX](https://afterfees.xyz/venues/htx) | 牛来-USDT | 0.0050% | 4 h | +10.9% | +11.0% | $32.5K | 2026-10-29 16:00 |
| [Aster](https://afterfees.xyz/venues/aster) | 牛来USDT | 0.0050% | 4 h | +10.9% | +10.3% | $104.8K | 2026-10-29 16:00 |
| [Binance](https://afterfees.xyz/venues/binance) | 牛来USDT | 0.0050% | 4 h | +10.9% | +10.7% | $17.2M | 2026-10-29 16:00 |
| [Gate](https://afterfees.xyz/venues/gate) | 牛来_USDT | 0.0050% | 4 h | +10.9% | +8.2% | $562.8K | 2026-10-29 16:00 |

## Borrow 牛来 to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Binance | 499.99% | — |

## Cost to enter $10,000 of 牛来

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Binance | 牛来USDT | 5.8 bp | top of book only |
| Aster | 牛来USDT | 10.5 bp | top of book only |
| Gate | 牛来_USDT | 10.8 bp | top of book only |
| Binance | 牛来USDT (spot) | 14.1 bp | top of book only |
| Bitget | 牛来USDT | 16.6 bp | top of book only |
| Gate | 牛来_USDT (spot) | 29.0 bp | top of book only |
| HTX | 牛来-USDT | 31.3 bp * | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## More on 牛来

- [Borrow 牛来: rates on every exchange](https://afterfees.xyz/borrow/%E7%89%9B%E6%9D%A5)

## Questions

**Is 牛来 funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no 牛来 pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest 牛来 funding rate?**

Bitget at +10.9% a year (0.0050% every 4 h); the lowest is Gate at +10.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_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._