Collect negative funding, pay a borrow, count the hours

Funding is negative. Which position, on its own, collects it but is not a reverse carry?

• A long perp with no short spot leg
• A long perp with the same coins borrowed and sold spot
• A long perp with the same coins you held sold spot

A borrow is quoted at 8.76% a year. What is that per hour on the yearly ÷ 365 ÷ 24 rule?

• 0.0365%
• 0.001%
• 0.024%