# Borrow SOL: rates on every exchange

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

Updated 2026-10-29 16:11 UTC · https://afterfees.xyz/borrow/SOL

## SOL 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) | 2.18% | 2.19% | 2.25% | 2.19% | $20.6M | $1.2M | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 4.00% | 4.00% | 4.00% | 4.00% | $4.1M | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 4.35% | 4.35% | 4.35% | 4.35% | $795.5K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 4.47% | 4.46% | 4.05% | 4.47% * | $5M | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 5.55% | 5.56% | 5.55% | 5.56% | $3.1M | 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 SOL: borrow and sell spot, long the perp

No reverse SOL 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._

## SOL perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [dYdX](https://afterfees.xyz/venues/dydx) | SOL-USD | 0.0000% | 1 h | +0.4% |
| [Gate](https://afterfees.xyz/venues/gate) | SOL_USDT | 0.0079% | 8 h | +8.7% |
| [OKX](https://afterfees.xyz/venues/okx) | SOL-USDT-SWAP | 0.0081% | 8 h | +8.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | SOLUSDTM | 0.0095% | 8 h | +10.4% |
| [Lighter](https://afterfees.xyz/venues/lighter) | SOL | 0.0012% | 1 h | +10.5% |
| [ApeX](https://afterfees.xyz/venues/apex) | SOL-USDT | 0.0012% | 1 h | +10.9% |
| [Paradex](https://afterfees.xyz/venues/paradex) | SOL-USD-PERP | 0.0100% | 8 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | SOL_USDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 2.19% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend SOL.

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

Not right now: no reverse SOL 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._