# Borrow THETA: rates on every exchange

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

Updated 2026-10-30 03:18 UTC · https://afterfees.xyz/borrow/THETA

## THETA borrow rates by exchange

| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| [Binance](https://afterfees.xyz/venues/binance) | 1.88% | 2.44% | 2.65% | 2.44% | $3.3K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 5.10% | 3.74% | 3.97% | 5.10% | $6.3K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 8.98% | 9.69% | 10.02% | 9.69% * | $30K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 18.61% | 19.52% | 20.16% | 19.52% | $7.8K | 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 THETA: borrow and sell spot, long the perp

No reverse THETA 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._

## THETA perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [KuCoin](https://afterfees.xyz/venues/kucoin) | THETAUSDTM | -0.0290% | 8 h | −31.8% |
| [BloFin](https://afterfees.xyz/venues/blofin) | THETA-USDT | 0.0075% | 8 h | +8.3% |
| [Bybit](https://afterfees.xyz/venues/bybit) | THETAUSDT | 0.0100% | 8 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | THETA_USDT | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | THETAUSDT | 0.0100% | 8 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | THETA-USDT-SWAP | 0.0100% | 8 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | THETA-USDT | 0.0100% | 8 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | THETAUSDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Binance, at 2.44% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend THETA.

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

Not right now: no reverse THETA 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._