Borrow M: rates on every exchange
Annualised margin borrow rates for M at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 20:41 UTC
M borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bitget | 1.04% | 1.05% | 1.06% | 1.05% | $70.3K | $98.7K | 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 M: borrow and sell spot, long the perp
No reverse M 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.
M perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | M |
Questions
Where is it cheapest to borrow M?
Bitget, at 1.05% a year at the rate we count (the higher of the current rate and the 24 h average), among 1 exchanges that lend M.
Can I earn negative funding on M by borrowing it?
Not right now: no reverse M 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.