# Borrow XTZ: rates on every exchange

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

Updated 2026-10-29 16:54 UTC · https://afterfees.xyz/borrow/XTZ

## XTZ 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) | 3.53% | 4.12% | 3.78% | 4.12% | $258.6K | $41.4K | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 7.05% | 10.57% | 7.57% | 10.57% * | $30K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 23.45% | 23.83% | 23.98% | 23.83% | $11.4K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 26.20% | 26.63% | 26.64% | 26.63% | $6.3K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 65.76% | 59.55% | 59.35% | 65.76% | $7.7K | 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 XTZ: borrow and sell spot, long the perp

No reverse XTZ 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._

## XTZ perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [KuCoin](https://afterfees.xyz/venues/kucoin) | XTZUSDTM | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | XTZ_USDT | 0.0050% | 4 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | XTZ-USDT-SWAP | 0.0100% | 8 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | XTZUSDT | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | XTZ-USDT | 0.0050% | 4 h | +10.9% |
| [Bybit](https://afterfees.xyz/venues/bybit) | XTZUSDT | 0.0050% | 4 h | +10.9% |
| [Binance](https://afterfees.xyz/venues/binance) | XTZUSDT | 0.0050% | 4 h | +10.9% |
| [Gate](https://afterfees.xyz/venues/gate) | XTZ_USDT | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 4.12% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend XTZ.

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

Not right now: no reverse XTZ 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._