# 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 19:40 UTC · https://afterfees.xyz/borrow/SAPIEN

## SAPIEN 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) | 1.26% | 1.21% | 1.16% | 1.26% | $126.1K | $29.5K | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 14.09% | 14.14% | 13.86% | 14.14% * | $10K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 67.74% | 67.74% | 67.74% | 67.74% | $2.5K | 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 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

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [BloFin](https://afterfees.xyz/venues/blofin) | SAPIEN-USDT | 0.0049% | 4 h | +10.6% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | SAPIENUSDTM | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | SAPIEN_USDT | 0.0050% | 4 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | SAPIEN-USDT-SWAP | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | SAPIENUSDT | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | SAPIEN-USDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | SAPIENUSDT | 0.0050% | 4 h | +10.9% |
| [Aster](https://afterfees.xyz/venues/aster) | SAPIENUSDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.26% 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._