# Borrow MINA: rates on every exchange

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

Updated 2026-10-29 23:01 UTC · https://afterfees.xyz/borrow/MINA

## MINA 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) | 6.84% | 7.22% | 7.67% | 7.22% | $70.9K | $23K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 9.38% | 9.31% | 9.26% | 9.38% | $3.3K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 10.21% | 10.23% | 10.17% | 10.23% | $5K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 44.40% | 42.84% | 46.89% | 44.40% | $6.8K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 50.35% | 50.47% | 51.14% | 50.47% * | $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 MINA: borrow and sell spot, long the perp

No reverse MINA 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._

## MINA perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [OKX](https://afterfees.xyz/venues/okx) | MINA-USDT-SWAP | -0.0078% | 4 h | −17.2% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | MINAUSDTM | 0.0100% | 8 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | MINA_USDT | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | MINAUSDT | 0.0100% | 8 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | MINA-USDT | 0.0100% | 8 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | MINAUSDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | MINAUSDT | 0.0100% | 8 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | MINA_USDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 7.22% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend MINA.

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

Not right now: no reverse MINA 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._