# Borrow MEGA: rates on every exchange

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

Updated 2026-10-29 16:54 UTC · https://afterfees.xyz/borrow/MEGA

## MEGA 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) | 1.19% | 2.31% | 2.79% | 2.31% | $174.8K | $37.9K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 7.46% | 7.69% | 7.79% | 7.69% | $14.3K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 12.33% | 18.77% | 39.39% | 18.77% * | $30K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 64.26% | 64.26% | 64.26% | 64.26% | $10.5K | 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 MEGA: borrow and sell spot, long the perp

No reverse MEGA 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._

## MEGA perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | MEGAUSDT | -0.0147% | 4 h | −32.3% |
| [OKX](https://afterfees.xyz/venues/okx) | MEGA-USDT-SWAP | -0.0029% | 4 h | −6.4% |
| [BloFin](https://afterfees.xyz/venues/blofin) | MEGA-USDT | 0.0022% | 4 h | +4.8% |
| [Backpack](https://afterfees.xyz/venues/backpack) | MEGA_USDC_PERP | 0.0010% | 1 h | +9.1% |
| [Lighter](https://afterfees.xyz/venues/lighter) | MEGA | 0.0012% | 1 h | +10.5% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | MEGAUSDTM | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | MEGA_USDT | 0.0050% | 4 h | +10.9% |
| [ApeX](https://afterfees.xyz/venues/apex) | MEGA-USDT | 0.0013% | 1 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 2.31% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend MEGA.

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

Not right now: no reverse MEGA 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._