# Borrow SUSHI: rates on every exchange

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

Updated 2026-10-30 13:40 UTC · https://afterfees.xyz/borrow/SUSHI

## SUSHI 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) | 1.04% | 1.15% | 1.19% | 1.15% | $56.8K | $43.4K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 6.02% | 5.73% | 5.66% | 6.02% | $27.4K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 8.40% | 9.52% | 9.65% | 9.52% | $18.9K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 10.20% | 12.32% | 11.75% | 12.32% | $3.6K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 15.01% | 15.54% | 15.03% | 15.54% * | $20K | 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 SUSHI: borrow and sell spot, long the perp

No reverse SUSHI 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._

## SUSHI perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_SUSHIUSD | -0.0382% | 1 h | −334.6% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | SUSHIUSDTM | -0.0170% | 8 h | −18.6% |
| [Bybit](https://afterfees.xyz/venues/bybit) | SUSHIUSDT | -0.0141% | 8 h | −15.4% |
| [BloFin](https://afterfees.xyz/venues/blofin) | SUSHI-USDT | 0.0008% | 8 h | +0.9% |
| [Binance](https://afterfees.xyz/venues/binance) | SUSHIUSDT | 0.0012% | 8 h | +1.3% |
| [MEXC](https://afterfees.xyz/venues/mexc) | SUSHI_USDT | 0.0015% | 8 h | +1.6% |
| [BingX](https://afterfees.xyz/venues/bingx) | SUSHI-USDT | 0.0100% | 8 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | SUSHI-USDT-SWAP | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.15% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend SUSHI.

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

Not right now: no reverse SUSHI 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._
