# Borrow MET: rates on every exchange

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

Updated 2026-10-30 07:59 UTC · https://afterfees.xyz/borrow/MET

## MET 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) | 3.81% | 4.31% | 5.94% | 4.31% | $349K | $69.8K | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 9.71% | 9.73% | 9.92% | 9.73% | $2.4K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 11.17% | 11.55% | 19.18% | 11.55% * | $30K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 9.86% | 12.32% | 13.69% | 12.32% | $10.8K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 60.42% | 62.11% | 61.02% | 62.11% | $6.1K | 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. * Gate: rate × the published VIP multiplier (inferred)._

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

No reverse MET 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._

## MET perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | METUSDT | -0.0865% | 4 h | −189.4% |
| [Gate](https://afterfees.xyz/venues/gate) | MET_USDT | -0.0243% | 4 h | −53.2% |
| [Backpack](https://afterfees.xyz/venues/backpack) | MET_USDC_PERP | -0.0015% | 1 h | −13.3% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | METUSDTM | -0.0026% | 4 h | −5.7% |
| [OKX](https://afterfees.xyz/venues/okx) | MET-USDT-SWAP | -0.0004% | 4 h | −0.8% |
| [Lighter](https://afterfees.xyz/venues/lighter) | MET | 0.0005% | 1 h | +4.4% |
| [Bitget](https://afterfees.xyz/venues/bitget) | METUSDT | 0.0034% | 4 h | +7.4% |
| [Aster](https://afterfees.xyz/venues/aster) | METUSDT | 0.0038% | 4 h | +8.4% |

## Coins

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

## Questions

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

Bitget, at 4.31% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend MET.

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

Not right now: no reverse MET 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._