Borrow GMX: rates on every exchange
Annualised margin borrow rates for GMX at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 20:36 UTC
GMX borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bitget | 1.63% | 1.63% | 1.92% | 1.63% | $149.5K | $25K | Borrowable |
| Bybit | 5.90% | 5.91% | 5.92% | 5.91% | $2.9K | not published | Borrowable |
| OKX | 8.10% | 8.18% | 8.29% | 8.18% | $8.3K | not published | Borrowable |
| Binance | 57.07% | 61.12% | 64.19% | 61.12% | $1.7K | 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.
Reverse carry on GMX: borrow and sell spot, long the perp
No reverse GMX 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.
GMX perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | GMX |
Questions
Where is it cheapest to borrow GMX?
Bitget, at 1.63% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend GMX.
Can I earn negative funding on GMX by borrowing it?
Not right now: no reverse GMX 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.