# Borrow HYPER: rates on every exchange

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

Updated 2026-10-29 22:16 UTC · https://afterfees.xyz/borrow/HYPER

## HYPER 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) | 29.83% | 29.83% | 29.83% | 29.83% | $1.8K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 29.66% | 29.94% | 29.96% | 29.94% | $3.4K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 23.29% | 40.38% | 33.96% | 40.38% * | $30K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.18% | 1.18% | 1.18% | 1.18% | $0 | $0 | Pool exhausted |

_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 HYPER: borrow and sell spot, long the perp

No reverse HYPER 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._

## HYPER perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Aster](https://afterfees.xyz/venues/aster) | HYPERUSDT | -0.0077% | 4 h | −16.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | HYPERUSDTM | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | HYPER_USDT | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | HYPERUSDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | HYPERUSDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | HYPERUSDT | 0.0050% | 4 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | HYPER_USDT | 0.0050% | 4 h | +10.9% |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | HYPER | 0.0013% | 1 h | +10.9% |

## Coins

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

## Questions

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

Binance, at 29.83% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend HYPER.

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

Not right now: no reverse HYPER 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._