# Borrow BAT: rates on every exchange

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

Updated 2026-10-30 00:09 UTC · https://afterfees.xyz/borrow/BAT

## BAT 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) | 1.42% | 1.46% | 1.82% | 1.46% | $289.7K | $71.6K | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 6.11% | 6.33% | 7.19% | 6.33% | $12.6K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 7.20% | 7.24% | 7.24% | 7.24% | $2.4K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 45.99% | 39.07% | 42.37% | 45.99% | $2.5K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 51.09% | 51.17% | 54.64% | 51.17% * | $20K | 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 BAT: borrow and sell spot, long the perp

No reverse BAT 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._

## BAT perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [MEXC](https://afterfees.xyz/venues/mexc) | BAT_USDT | 0.0002% | 8 h | +0.2% |
| [OKX](https://afterfees.xyz/venues/okx) | BAT-USDT-SWAP | 0.0004% | 8 h | +0.5% |
| [Binance](https://afterfees.xyz/venues/binance) | BATUSDT | 0.0036% | 8 h | +4.0% |
| [BloFin](https://afterfees.xyz/venues/blofin) | BAT-USDT | 0.0036% | 8 h | +4.0% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | BATUSDTM | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | BATUSDT | 0.0100% | 8 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | BAT-USDT | 0.0100% | 8 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | BATUSDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.46% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend BAT.

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

Not right now: no reverse BAT 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._