# Borrow GRT: rates on every exchange

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

Updated 2026-10-30 01:07 UTC · https://afterfees.xyz/borrow/GRT

## GRT borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Binance](https://afterfees.xyz/venues/binance) | 3.67% | 3.23% | 3.88% | 3.67% | $2.4K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 4.44% | 4.80% | 5.31% | 4.80% | $26.3K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 5.48% | 4.88% | 6.38% | 5.48% * | $10K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 10.61% | 11.10% | 11.13% | 11.10% | $3.5K | 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 GRT: borrow and sell spot, long the perp

No reverse GRT 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._

## GRT perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_GRTUSD | -0.0127% | 1 h | −111.5% |
| [Gate](https://afterfees.xyz/venues/gate) | GRT_USDT | -0.0440% | 8 h | −48.2% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | GRTUSDTM | -0.0407% | 8 h | −44.6% |
| [Bybit](https://afterfees.xyz/venues/bybit) | GRTUSDT | -0.0340% | 8 h | −37.2% |
| [Binance](https://afterfees.xyz/venues/binance) | GRTUSDT | -0.0076% | 8 h | −8.4% |
| [MEXC](https://afterfees.xyz/venues/mexc) | GRT_USDT | -0.0076% | 8 h | −8.3% |
| [BloFin](https://afterfees.xyz/venues/blofin) | GRT-USDT | -0.0055% | 8 h | −6.1% |
| [OKX](https://afterfees.xyz/venues/okx) | GRT-USDT-SWAP | 0.0013% | 8 h | +1.4% |

## Coins

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

## Questions

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

Binance, at 3.67% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend GRT.

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

Not right now: no reverse GRT 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._