# Borrow MASK: rates on every exchange

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

Updated 2026-10-29 22:53 UTC · https://afterfees.xyz/borrow/MASK

## MASK 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) | 3.25% | 3.22% | 5.98% | 3.25% | $188.8K | $18.8K | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 9.01% | 8.84% | 8.82% | 9.01% | $11.7K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 9.27% | 9.42% | 9.52% | 9.42% | $2.3K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 47.30% | 46.55% | 46.60% | 47.30% | $1.9K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 58.43% | 58.56% | 68.40% | 58.56% * | $20K | 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 MASK: borrow and sell spot, long the perp

No reverse MASK 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._

## MASK perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [KuCoin](https://afterfees.xyz/venues/kucoin) | MASKUSDTM | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | MASK_USDT | 0.0100% | 8 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | MASK-USDT-SWAP | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | MASKUSDT | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | MASK-USDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | MASKUSDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | MASKUSDT | 0.0050% | 4 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | MASK_USDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 3.25% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend MASK.

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

Not right now: no reverse MASK 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._