# Borrow ME: rates on every exchange

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

Updated 2026-10-30 10:14 UTC · https://afterfees.xyz/borrow/ME

## ME 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) | 1.25% | 1.09% | 1.05% | 1.25% | $1.9M | $21.5K | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 10.80% | 10.69% | 10.46% | 10.80% | $6.8K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 11.42% | 11.38% | 11.48% | 11.42% | $6.6K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 7.46% | 13.47% | 31.59% | 13.47% * | $10K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 68.10% | 68.10% | 68.10% | 68.10% | $4K | 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 ME: borrow and sell spot, long the perp

No reverse ME 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._

## ME perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Aster](https://afterfees.xyz/venues/aster) | MEUSDT | -0.0146% | 4 h | −32.1% |
| [Bybit](https://afterfees.xyz/venues/bybit) | MEUSDT | -0.0011% | 4 h | −2.5% |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | ME | 0.0006% | 1 h | +5.3% |
| [BloFin](https://afterfees.xyz/venues/blofin) | ME-USDT | 0.0042% | 4 h | +9.2% |
| [MEXC](https://afterfees.xyz/venues/mexc) | ME_USDT | 0.0046% | 4 h | +10.1% |
| [Binance](https://afterfees.xyz/venues/binance) | MEUSDT | 0.0049% | 4 h | +10.8% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | MEUSDTM | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | MEUSDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.25% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend ME.

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

Not right now: no reverse ME 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._