# Borrow ENS: rates on every exchange

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

Updated 2026-10-29 20:06 UTC · https://afterfees.xyz/borrow/ENS

## ENS 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) | 1.12% | 1.11% | 1.11% | 1.12% | $231.5K | $17.6K | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 2.46% | 2.55% | 2.60% | 2.55% | $5.2K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 2.47% | 2.67% | 2.70% | 2.67% | $5.7K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 2.71% | 2.75% | 2.81% | 2.75% | $35.2K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 4.82% | 4.83% | 4.87% | 4.83% * | $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 ENS: borrow and sell spot, long the perp

No reverse ENS 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._

## ENS perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [BloFin](https://afterfees.xyz/venues/blofin) | ENS-USDT | 0.0084% | 8 h | +9.2% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ENSUSDTM | 0.0100% | 8 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | ENS_USDT | 0.0100% | 8 h | +10.9% |
| [ApeX](https://afterfees.xyz/venues/apex) | ENS-USDT | 0.0013% | 1 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | ENS-USDT-SWAP | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | ENSUSDT | 0.0100% | 8 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | ENS-USDT | 0.0100% | 8 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | ENSUSDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.12% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend ENS.

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

Not right now: no reverse ENS 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._