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AfterFees

Borrow rates · HYPE

Borrow HYPE: rates on every exchange

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

Updated 2026-10-29 14:15 UTC

HYPE borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
OKX1.01%1.01%1.01%1.01%$455.4Knot publishedBorrowable
Gate1.27%1.27%1.27%1.27% *$600Knot publishedBorrowable
Bybit6.68%6.62%6.64%6.68%$217.5Knot publishedBorrowable
Bitget29.25%18.65%17.80%29.25%$1.2M$2.1MBorrowable
Binance499.99%499.99%499.99%499.99%$273.1Knot publishedBorrowable

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 HYPE: borrow and sell spot, long the perp

No reverse HYPE 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.

HYPE perps, most negative funding first

ExchangeContractRateEveryAnnualised
BloFinHYPE-USDT-0.0108%4 h−23.6%
BitgetHYPEUSDT-0.0085%4 h−18.6%
BingXHYPE-USDT-0.0084%4 h−18.4%
KrakenPF_HYPEUSD-0.0001%1 h−0.8%
ParadexHYPE-USD-PERP0.0069%8 h+7.6%
LighterHYPE0.0012%1 h+10.5%
KuCoinHYPEUSDTM0.0050%4 h+10.9%
MEXCHYPE_USDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinHYPE

Questions

Where is it cheapest to borrow HYPE?

OKX, at 1.01% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend HYPE.

Can I earn negative funding on HYPE by borrowing it?

Not right now: no reverse HYPE 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.