# Borrow POLYX: rates on every exchange

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

Updated 2026-10-30 05:12 UTC · https://afterfees.xyz/borrow/POLYX

## POLYX borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Binance](https://afterfees.xyz/venues/binance) | 79.14% | 83.99% | 82.40% | 83.99% | $4K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 87.12% | 103.70% | 233.20% | 103.70% * | $30K | 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 POLYX: borrow and sell spot, long the perp

No reverse POLYX 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._

## POLYX perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Aster](https://afterfees.xyz/venues/aster) | POLYXUSDT | -0.0212% | 4 h | −46.5% |
| [BloFin](https://afterfees.xyz/venues/blofin) | POLYX-USDT | -0.0017% | 4 h | −3.7% |
| [MEXC](https://afterfees.xyz/venues/mexc) | POLYX_USDT | -0.0010% | 4 h | −2.2% |
| [Binance](https://afterfees.xyz/venues/binance) | POLYXUSDT | -0.0008% | 4 h | −1.7% |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | POLYX | 0.0003% | 1 h | +3.0% |
| [Bitget](https://afterfees.xyz/venues/bitget) | POLYXUSDT | 0.0036% | 4 h | +7.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | POLYXUSDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | POLYXUSDTM | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Binance, at 83.99% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend POLYX.

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

Not right now: no reverse POLYX 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._