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AfterFees

Borrow rates · NEX

Borrow NEX: rates on every exchange

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

Updated 2026-10-29 22:53 UTC

NEX borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget12.77%13.11%19.91%13.11%$33.6K$26.8KBorrowable

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.

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

No reverse NEX 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.

NEX perps, most negative funding first

ExchangeContractRateEveryAnnualised
BingX10000NEX-USDT0.0035%4 h+7.7%
KuCoinNEXUSDTM0.0050%4 h+10.9%
MEXCNEX_USDT0.0050%4 h+10.9%
Bitget10000NEXUSDT0.0050%4 h+10.9%
Bybit10000NEXUSDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinNEX

Questions

Where is it cheapest to borrow NEX?

Bitget, at 13.11% a year at the rate we count (the higher of the current rate and the 24 h average), among 1 exchanges that lend NEX.

Can I earn negative funding on NEX by borrowing it?

Not right now: no reverse NEX 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.