# Borrow GRVT: rates on every exchange

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

Updated 2026-11-11 23:19 UTC · https://afterfees.xyz/borrow/GRVT

## GRVT 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) | 1.31% | 1.23% | 1.60% | 1.31% | $36.3K | $274.8K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 5.02% | 5.02% | 5.02% | 5.02% | $3.4K | 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._

## Reverse carry on GRVT: borrow and sell spot, long the perp

No reverse GRVT 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._

## GRVT perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [BloFin](https://afterfees.xyz/venues/blofin) | GRVT-USDT | -0.0278% | 4 h | −61.0% |
| [OKX](https://afterfees.xyz/venues/okx) | GRVT-USDT-SWAP | -0.0275% | 4 h | −60.2% |
| [MEXC](https://afterfees.xyz/venues/mexc) | GRVT_USDT | -0.0274% | 4 h | −60.0% |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | GRVTUSDT | -0.0079% | 4 h | −17.2% |
| [Bybit](https://afterfees.xyz/venues/bybit) | GRVTUSDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | GRVTUSDTM | 0.0050% | 4 h | +10.9% |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | GRVT_PERP | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | GRVTUSDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.31% a year at the rate we count (the higher of the current rate and the 24 h average), among 2 exchanges that lend GRVT.

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

Not right now: no reverse GRVT 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._