# Borrow SSV: rates on every exchange

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

Updated 2026-10-30 11:17 UTC · https://afterfees.xyz/borrow/SSV

## SSV 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) | 1.46% | 1.45% | 1.45% | 1.46% | $101.3K | $33.7K | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 7.67% | 7.74% | 7.78% | 7.74% * | $20K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 9.07% | 10.86% | 11.07% | 10.86% | $2.1K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 12.18% | 12.11% | 12.06% | 12.18% | $2.4K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 21.30% | 21.28% | 21.18% | 21.30% | $10K | 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 SSV: borrow and sell spot, long the perp

No reverse SSV 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._

## SSV perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_SSVUSD | -0.0171% | 1 h | −150.1% |
| [Binance](https://afterfees.xyz/venues/binance) | SSVUSDT | -0.0087% | 8 h | −9.5% |
| [MEXC](https://afterfees.xyz/venues/mexc) | SSV_USDT | -0.0085% | 8 h | −9.3% |
| [BloFin](https://afterfees.xyz/venues/blofin) | SSV-USDT | -0.0066% | 8 h | −7.2% |
| [Bybit](https://afterfees.xyz/venues/bybit) | SSVUSDT | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | SSVUSDT | 0.0100% | 8 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | SSV-USDT-SWAP | 0.0100% | 8 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | SSVUSDTM | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.46% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend SSV.

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

Not right now: no reverse SSV 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._