Borrow SNX: rates on every exchange
Annualised margin borrow rates for SNX at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 19:41 UTC
SNX borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bybit | 13.27% | 13.26% | 13.25% | 13.27% | $4K | not published | Borrowable |
| Binance | 11.98% | 13.71% | 13.25% | 13.71% | $2K | not published | Borrowable |
| Gate | 15.04% | 15.32% | 15.83% | 15.32% * | $10K | not published | Borrowable |
| OKX | 15.91% | 15.93% | 15.94% | 15.93% | $4.4K | 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 SNX: borrow and sell spot, long the perp
No reverse SNX 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.
SNX perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | SNX |
Questions
Where is it cheapest to borrow SNX?
Bybit, at 13.27% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend SNX.
Can I earn negative funding on SNX by borrowing it?
Not right now: no reverse SNX 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.