# Borrow ENS: rates on every exchange

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

Updated 2026-11-11 23:41 UTC · https://afterfees.xyz/borrow/ENS

## ENS 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% | 1.07% | 1.11% | 1.07% | $195.2K | $14.4K | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 2.24% | 1.91% | 1.76% | 2.24% | $4.4K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 2.27% | 2.28% | 2.34% | 2.28% | $4.8K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 3.21% | 2.99% | 3.59% | 3.21% | $29.6K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 4.99% | 5.05% | 5.00% | 5.05% * | $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 ENS: borrow and sell spot, long the perp

No reverse ENS 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._

## ENS perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | ENS_USDT | 0.0077% | 8 h | +8.4% |
| [Bybit](https://afterfees.xyz/venues/bybit) | ENSUSDT | 0.0100% | 8 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ENSUSDTM | 0.0100% | 8 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | ENS_USDT | 0.0100% | 8 h | +10.9% |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | ENS_PERP | 0.0100% | 8 h | +10.9% |
| [ApeX](https://afterfees.xyz/venues/apex) | ENS-USDT | 0.0013% | 1 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | ENSUSDT | 0.0100% | 8 h | +10.9% |
| [OKX](https://afterfees.xyz/venues/okx) | ENS-USDT-SWAP | 0.0100% | 8 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.07% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend ENS.

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

Not right now: no reverse ENS 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._