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AfterFees

Borrow rates · SOMI

Borrow SOMI: rates on every exchange

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

Updated 2026-10-30 02:38 UTC

SOMI borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget1.41%1.40%1.27%1.41%$25.9K$40.9KBorrowable
Bybit38.28%38.48%38.41%38.48%$5.7Knot publishedBorrowable
Binance48.90%57.98%57.26%57.98%$3.8Knot 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.

Reverse carry on SOMI: borrow and sell spot, long the perp

No reverse SOMI 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.

SOMI perps, most negative funding first

ExchangeContractRateEveryAnnualised
ApeXSOMI-USDT-0.0089%1 h−77.9%
GateSOMI_USDT-0.0186%4 h−40.7%
BybitSOMIUSDT0.0050%4 h+10.9%
KuCoinSOMIUSDTM0.0050%4 h+10.9%
MEXCSOMI_USDT0.0050%4 h+10.9%
BitgetSOMIUSDT0.0050%4 h+10.9%
BingXSOMI-USDT0.0050%4 h+10.9%
BinanceSOMIUSDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinSOMI

Questions

Where is it cheapest to borrow SOMI?

Bitget, at 1.41% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend SOMI.

Can I earn negative funding on SOMI by borrowing it?

Not right now: no reverse SOMI 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.