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AfterFees

Borrow rates · SAPIEN

Borrow SAPIEN: rates on every exchange

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

Updated 2026-10-29 18:20 UTC

SAPIEN borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget1.24%1.20%1.16%1.24%$127.4K$29.8KBorrowable
Gate14.06%14.14%13.85%14.14% *$10Knot publishedBorrowable
Binance67.74%67.74%67.74%67.74%$2.5Knot publishedBorrowable

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 SAPIEN: borrow and sell spot, long the perp

No reverse SAPIEN 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.

SAPIEN perps, most negative funding first

ExchangeContractRateEveryAnnualised
KuCoinSAPIENUSDTM0.0050%4 h+10.9%
MEXCSAPIEN_USDT0.0050%4 h+10.9%
OKXSAPIEN-USDT-SWAP0.0050%4 h+10.9%
BitgetSAPIENUSDT0.0050%4 h+10.9%
BingXSAPIEN-USDT0.0050%4 h+10.9%
BybitSAPIENUSDT0.0050%4 h+10.9%
AsterSAPIENUSDT0.0050%4 h+10.9%
BinanceSAPIENUSDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinSAPIEN

Questions

Where is it cheapest to borrow SAPIEN?

Bitget, at 1.24% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend SAPIEN.

Can I earn negative funding on SAPIEN by borrowing it?

Not right now: no reverse SAPIEN 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.