# Borrow HBAR: rates on every exchange

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

Updated 2026-11-12 00:04 UTC · https://afterfees.xyz/borrow/HBAR

## HBAR 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) | 0.72% | 0.72% | 0.78% | 0.72% | $42.3K | not published | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 1.01% | 1.01% | 1.04% | 1.01% | $45.9K | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 1.08% | 1.08% | 1.15% | 1.08% | $51.8K | not published | Borrowable |
| [Bitget](https://afterfees.xyz/venues/bitget) | 1.11% | 1.69% | 1.97% | 1.69% | $819.6K | $390.6K | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 7.90% | 7.10% | 6.56% | 7.90% * | $120K | 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 HBAR: borrow and sell spot, long the perp

No reverse HBAR 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._

## HBAR perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Gate](https://afterfees.xyz/venues/gate) | HBAR_USDT | -0.0122% | 8 h | −13.4% |
| [Lighter](https://afterfees.xyz/venues/lighter) | HBAR | -0.0013% | 1 h | −11.4% |
| [Bybit](https://afterfees.xyz/venues/bybit) | HBARUSDT | -0.0095% | 8 h | −10.4% |
| [Extended](https://afterfees.xyz/venues/extended) | HBAR-USD | -0.0007% | 1 h | −6.1% |
| [Binance](https://afterfees.xyz/venues/binance) | HBARUSDT | -0.0053% | 8 h | −5.9% |
| [LBank](https://afterfees.xyz/venues/lbank) | HBARUSDT | -0.0053% | 8 h | −5.8% |
| [MEXC](https://afterfees.xyz/venues/mexc) | HBAR_USDT | -0.0053% | 8 h | −5.8% |
| [GRVT](https://afterfees.xyz/venues/grvt) | HBAR_USDT_Perp | -0.0053% | 8 h | −5.8% |

## Coins

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

## Questions

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

Binance, at 0.72% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend HBAR.

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

Not right now: no reverse HBAR 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._
