Borrow MORPHO: rates on every exchange
Annualised margin borrow rates for MORPHO at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 16:11 UTC
MORPHO borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bitget | 1.51% | 1.60% | 1.99% | 1.60% | $254K | $118.8K | Borrowable |
| Bybit | 7.76% | 7.73% | 7.73% | 7.76% | $72.2K | not published | Borrowable |
| OKX | 8.21% | 13.51% | 13.70% | 13.51% | $18.3K | not published | Borrowable |
| Gate | 18.80% | 19.93% | 16.24% | 19.93% * | $20K | not published | Borrowable |
| Binance | 57.32% | 53.43% | 53.16% | 57.32% | $9.1K | 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 MORPHO: borrow and sell spot, long the perp
No reverse MORPHO 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.
MORPHO perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | MORPHO |
Questions
Where is it cheapest to borrow MORPHO?
Bitget, at 1.60% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend MORPHO.
Can I earn negative funding on MORPHO by borrowing it?
Not right now: no reverse MORPHO 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.