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AfterFees

Borrow rates · NEWT

Borrow NEWT: rates on every exchange

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

Updated 2026-10-29 19:20 UTC

NEWT borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Binance88.55%88.36%88.44%88.55%$2Knot publishedBorrowable
Bitget7.52%7.86%23.29%7.86%$91.5K$0Pool exhausted
Gate158.69%18.27%50.28%158.69% *$20Knot publishedSuspected exhausted (rate spike)
Bybit177.11%14.28%12.94%177.11%$2.3Knot publishedSuspected exhausted (rate spike)

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 NEWT: borrow and sell spot, long the perp

No reverse NEWT 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.

NEWT perps, most negative funding first

ExchangeContractRateEveryAnnualised
BybitNEWTUSDT-0.4466%4 h−978.1%
BinanceNEWTUSDT-0.2908%4 h−636.8%
MEXCNEWT_USDT-0.2895%4 h−634.0%
GateNEWT_USDT-0.5674%8 h−621.3%
BitgetNEWTUSDT-0.2094%4 h−458.6%
KuCoinNEWTUSDTM-0.1421%4 h−311.2%

Coins

Funding rates and every arbitrage on this coinNEWT

Questions

Where is it cheapest to borrow NEWT?

Binance, at 88.55% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend NEWT.

Can I earn negative funding on NEWT by borrowing it?

Not right now: no reverse NEWT 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.