# Borrow SLX: rates on every exchange

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

Updated 2026-11-11 23:34 UTC · https://afterfees.xyz/borrow/SLX

## SLX 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) | 1.01% | 1.01% | 3.19% | 1.01% | $7K | $18.2K | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 5.40% | 5.41% | 5.69% | 5.41% | $1.7K | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 9.18% | 9.11% | 15.31% | 9.18% * | $10K | 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 SLX: borrow and sell spot, long the perp

No reverse SLX 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._

## SLX perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [OKX](https://afterfees.xyz/venues/okx) | SLX-USDT-SWAP | -0.0092% | 4 h | −20.2% |
| [Bybit](https://afterfees.xyz/venues/bybit) | SLXUSDT | 0.0050% | 4 h | +10.9% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | SLXUSDTM | 0.0050% | 4 h | +10.9% |
| [MEXC](https://afterfees.xyz/venues/mexc) | SLX_USDT | 0.0050% | 4 h | +10.9% |
| [Bitget](https://afterfees.xyz/venues/bitget) | SLXUSDT | 0.0050% | 4 h | +10.9% |
| [LBank](https://afterfees.xyz/venues/lbank) | SLXUSDT | 0.0050% | 4 h | +10.9% |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | SLXUSDT | 0.0050% | 4 h | +10.9% |
| [BingX](https://afterfees.xyz/venues/bingx) | SLX-USDT | 0.0050% | 4 h | +10.9% |

## Coins

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

## Questions

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

Bitget, at 1.01% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend SLX.

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

Not right now: no reverse SLX 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._