# Borrow IMX: rates on every exchange

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

Updated 2026-10-29 15:26 UTC · https://afterfees.xyz/borrow/IMX

## IMX 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) | 2.55% | 1.87% | 1.54% | 2.55% | $201.7K | $47.5K | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 7.90% | 7.92% | 8.27% | 7.92% | $21.2K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 9.31% | 9.24% | 9.24% | 9.31% | $2K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 25.21% | 31.30% | 30.63% | 31.30% | $1.8K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 54.04% | 54.05% | 54.18% | 54.05% * | $10K | 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 IMX: borrow and sell spot, long the perp

No reverse IMX 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._

## IMX perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_IMXUSD | -0.0004% | 1 h | −3.4% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | IMXUSDTM | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | IMX_USDT | 0.0050% | 4 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | IMX-USDT-SWAP | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | IMXUSDT | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | IMX-USDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | IMXUSDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | IMXUSDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 2.55% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend IMX.

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

Not right now: no reverse IMX 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._