Borrow WET: rates on every exchange
Annualised margin borrow rates for WET at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-30 03:19 UTC
WET borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Bybit | 5.30% | 5.33% | 5.23% | 5.33% | $2.8K | not published | Borrowable |
| Gate | 20.93% | 74.79% | 66.31% | 74.79% * | $30K | 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 WET: borrow and sell spot, long the perp
No reverse WET 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.
WET perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | WET |
Questions
Where is it cheapest to borrow WET?
Bybit, at 5.33% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend WET.
Can I earn negative funding on WET by borrowing it?
Not right now: no reverse WET 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.