# Borrow IOTA: rates on every exchange

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

Updated 2026-10-30 08:37 UTC · https://afterfees.xyz/borrow/IOTA

## IOTA borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [OKX](https://afterfees.xyz/venues/okx) | 7.90% | 7.85% | 7.88% | 7.90% | $3.2K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 12.41% | 15.14% | 15.86% | 15.14% | $9.1K | 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._

## Reverse carry on IOTA: borrow and sell spot, long the perp

No reverse IOTA 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._

## IOTA perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | IOTAUSDT | -0.0575% | 8 h | −62.9% |
| [Binance](https://afterfees.xyz/venues/binance) | IOTAUSDT | -0.0126% | 8 h | −13.8% |
| [MEXC](https://afterfees.xyz/venues/mexc) | IOTA_USDT | -0.0125% | 8 h | −13.7% |
| [BloFin](https://afterfees.xyz/venues/blofin) | IOTA-USDT | -0.0110% | 8 h | −12.1% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | IOTAUSDTM | -0.0087% | 8 h | −9.5% |
| [Bitget](https://afterfees.xyz/venues/bitget) | IOTAUSDT | 0.0007% | 8 h | +0.8% |
| [OKX](https://afterfees.xyz/venues/okx) | IOTA-USDT-SWAP | 0.0100% | 8 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | IOTA-USDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

OKX, at 7.90% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend IOTA.

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

Not right now: no reverse IOTA 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._