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AfterFees

Borrow rates · MMT

Borrow MMT: rates on every exchange

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

Updated 2026-11-11 23:07 UTC

MMT borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget1.02%1.02%1.09%1.02%$44.7K$31.7KBorrowable
Gate6.08%5.76%6.13%6.08% *$10Knot publishedBorrowable
Bybit48.88%48.78%48.84%48.88%$6.3Knot publishedBorrowable
Binance57.98%57.98%59.76%57.98%$2Knot publishedBorrowable

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 MMT: borrow and sell spot, long the perp

No reverse MMT 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.

MMT perps, most negative funding first

ExchangeContractRateEveryAnnualised
OKXMMT-USDT-SWAP-0.0257%4 h−56.4%
KuCoinMMTUSDTM-0.0251%4 h−55.0%
AsterMMTUSDT-0.0214%4 h−46.8%
BitgetMMTUSDT-0.0042%4 h−9.2%
BloFinMMT-USDT-0.0010%4 h−2.3%
LBankMMTUSDT-0.0006%4 h−1.3%
BinanceMMTUSDT-0.0006%4 h−1.3%
MEXCMMT_USDT-0.0005%4 h−1.1%

Coins

Funding rates and every arbitrage on this coinMMT

Questions

Where is it cheapest to borrow MMT?

Bitget, at 1.02% a year at the rate we count (the higher of the current rate and the 24 h average), among 4 exchanges that lend MMT.

Can I earn negative funding on MMT by borrowing it?

Not right now: no reverse MMT 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.