# Borrow HNT: rates on every exchange

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

Updated 2026-10-29 20:46 UTC · https://afterfees.xyz/borrow/HNT

## HNT 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) | 4.27% | 4.32% | 5.24% | 4.32% | $136K | $17.6K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 5.81% | 5.75% | 5.75% | 5.81% | $684 | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 6.48% | 6.03% | 6.28% | 6.48% * | $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 HNT: borrow and sell spot, long the perp

No reverse HNT 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._

## HNT perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [MEXC](https://afterfees.xyz/venues/mexc) | HNT_USDT | 0.0100% | 8 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | HNTUSDT | 0.0100% | 8 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | HNT_USDT | 0.0100% | 8 h | +10.9% |
| [BloFin](https://afterfees.xyz/venues/blofin) | HNT-USDT | 0.0220% | 8 h | +24.1% |

## Coins

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

## Questions

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

Bitget, at 4.32% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend HNT.

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

Not right now: no reverse HNT 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._