# Borrow SATS: rates on every exchange

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

Updated 2026-10-30 09:23 UTC · https://afterfees.xyz/borrow/SATS

## SATS borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Bybit](https://afterfees.xyz/venues/bybit) | 6.69% | 6.67% | 6.68% | 6.69% | $645 | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 9.60% | 8.85% | 8.42% | 9.60% | $10.3K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 12.98% | 13.06% | 12.94% | 13.06% * | $30K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 10.21% | 13.70% | 14.34% | 13.70% | $3.2K | 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 SATS: borrow and sell spot, long the perp

No reverse SATS 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._

## SATS perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [OKX](https://afterfees.xyz/venues/okx) | SATS-USDT-SWAP | -0.0191% | 8 h | −20.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | SATS_USDT | -0.0186% | 8 h | −20.4% |
| [Bitget](https://afterfees.xyz/venues/bitget) | 1000SATSUSDT | -0.0015% | 4 h | −3.3% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | 10000SATSUSDTM | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | 10000SATS-USDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | 10000SATSUSDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | 1000SATSUSDT | 0.0050% | 4 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | SATS_USDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bybit, at 6.69% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend SATS.

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

Not right now: no reverse SATS 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._