# Borrow NIGHT: rates on every exchange

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

Updated 2026-10-29 21:26 UTC · https://afterfees.xyz/borrow/NIGHT

## NIGHT 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) | 1.29% | 1.30% | 1.75% | 1.30% | $619.7K | $397.4K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 5.31% | 5.01% | 4.94% | 5.31% | $37.4K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 6.31% | 5.26% | 5.24% | 6.31% | $18.5K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 66.34% | 63.91% | 62.90% | 66.34% | $10K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 4.72% | 4.72% | 4.72% | 4.72% * | $30K | not published | Not lendable |

_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 NIGHT: borrow and sell spot, long the perp

No reverse NIGHT 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._

## NIGHT perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_NIGHTUSD | -0.0066% | 1 h | −57.9% |
| [OKX](https://afterfees.xyz/venues/okx) | NIGHT-USDT-SWAP | -0.0113% | 4 h | −24.8% |
| [Gate](https://afterfees.xyz/venues/gate) | NIGHT_USDT | -0.0029% | 8 h | −3.2% |
| [Aster](https://afterfees.xyz/venues/aster) | NIGHTUSDT | -0.0004% | 4 h | −0.9% |
| [BloFin](https://afterfees.xyz/venues/blofin) | NIGHT-USDT | 0.0021% | 4 h | +4.7% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | NIGHTUSDTM | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | NIGHTUSDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | NIGHTUSDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.30% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend NIGHT.

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

Not right now: no reverse NIGHT 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._