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AfterFees

Borrow rates · NIGHT

Borrow NIGHT: rates on every exchange

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

Updated 2026-11-11 23:16 UTC

NIGHT borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget1.87%1.45%1.98%1.87%$782.2K$504.8KBorrowable
Bybit10.82%15.89%7.50%15.89%$47.4Knot publishedBorrowable
OKX21.90%18.89%14.68%21.90%$23.5Knot publishedBorrowable
Binance53.72%54.02%54.52%54.02%$12.7Knot publishedBorrowable
Gate4.72%4.72%4.72%4.72% *$30Knot publishedNot lendable

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 NIGHT: borrow and sell spot, long the perp

No reverse NIGHT 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.

NIGHT perps, most negative funding first

ExchangeContractRateEveryAnnualised
WhiteBITNIGHT_PERP-0.1814%4 h−397.4%
KrakenPF_NIGHTUSD-0.0124%1 h−108.4%
KuCoinNIGHTUSDTM-0.0398%4 h−87.2%
OKXNIGHT-USDT-SWAP-0.0267%4 h−58.6%
GateNIGHT_USDT-0.0235%8 h−25.7%
AsterNIGHTUSDT-0.0101%4 h−22.2%
BloFinNIGHT-USDT-0.0084%4 h−18.5%
BybitNIGHTUSDT-0.0061%4 h−13.4%

Coins

Funding rates and every arbitrage on this coinNIGHT

Questions

Where is it cheapest to borrow NIGHT?

Bitget, at 1.87% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend NIGHT.

Can I earn negative funding on NIGHT by borrowing it?

Not right now: no reverse NIGHT 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.