Borrow GMT: rates on every exchange
Annualised margin borrow rates for GMT at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 18:20 UTC
GMT borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bitget | 6.11% | 8.18% | 14.63% | 8.18% | $43.8K | $11.5K | Borrowable |
| Bybit | 12.69% | 40.29% | 33.90% | 40.29% | $5.6K | not published | Borrowable |
| Binance | 55.90% | 70.14% | 64.95% | 70.14% | $4K | not published | Borrowable |
| OKX | 40.40% | 105.25% | 86.02% | 105.25% | $2.7K | not published | Borrowable |
| Gate | 115.85% | 260.57% | 206.75% | 260.57% * | $30K | 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 GMT: borrow and sell spot, long the perp
No reverse GMT 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.
GMT perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | GMT |
Questions
Where is it cheapest to borrow GMT?
Bitget, at 8.18% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend GMT.
Can I earn negative funding on GMT by borrowing it?
Not right now: no reverse GMT 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.