# Borrow ENJ: rates on every exchange

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

Updated 2026-10-30 05:57 UTC · https://afterfees.xyz/borrow/ENJ

## ENJ 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) | 1.15% | 1.12% | 1.11% | 1.15% | $137.8K | $26.5K | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 9.91% | 10.13% | 10.22% | 10.13% | $4.9K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 10.17% | 10.01% | 10.00% | 10.17% | $1.4K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 44.06% | 33.83% | 32.83% | 44.06% | $1.9K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 51.23% | 51.31% | 51.20% | 51.31% * | $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 ENJ: borrow and sell spot, long the perp

No reverse ENJ 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._

## ENJ perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [BloFin](https://afterfees.xyz/venues/blofin) | ENJ-USDT | 0.0044% | 4 h | +9.7% |
| [MEXC](https://afterfees.xyz/venues/mexc) | ENJ_USDT | 0.0050% | 4 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | ENJ-USDT-SWAP | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | ENJUSDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | ENJUSDT | 0.0100% | 8 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ENJUSDTM | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | ENJ-USDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | ENJUSDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.15% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend ENJ.

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

Not right now: no reverse ENJ 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._
