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AfterFees

Borrow rates · NEAR

Borrow NEAR: rates on every exchange

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

Updated 2026-11-11 23:16 UTC

NEAR borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
OKX1.01%1.01%1.01%1.01%$220.7Knot publishedBorrowable
Bybit1.65%1.72%1.92%1.72%$249.1Knot publishedBorrowable
Bitget2.55%2.75%3.44%2.75%$1.8M$710.7KBorrowable
Gate3.81%4.02%4.57%4.02% *$240Knot publishedBorrowable
Binance6.70%6.96%6.98%6.96%$192.3Knot 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 NEAR: borrow and sell spot, long the perp

No reverse NEAR 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.

NEAR perps, most negative funding first

ExchangeContractRateEveryAnnualised
BybitNEARUSDT-0.0108%8 h−11.8%
BitunixNEARUSDC-0.0052%8 h−5.7%
dYdXNEAR-USD0.0000%1 h0.0%
BitgetNEARUSDT0.0004%8 h+0.4%
BackpackNEAR_USDC_PERP0.0002%1 h+1.8%
ParadexNEAR-USD-PERP0.0034%8 h+3.7%
LighterNEAR0.0007%1 h+6.1%
GateNEAR_USDT0.0069%8 h+7.6%

Coins

Funding rates and every arbitrage on this coinNEAR

Questions

Where is it cheapest to borrow NEAR?

OKX, at 1.01% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend NEAR.

Can I earn negative funding on NEAR by borrowing it?

Not right now: no reverse NEAR 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.