# Borrow SOL: rates on every exchange

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

Updated 2026-11-11 23:29 UTC · https://afterfees.xyz/borrow/SOL

## SOL 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) | 3.64% | 3.65% | 3.46% | 3.65% | $16.6M | $1.2M | Borrowable |
| [OKX](https://afterfees.xyz/venues/okx) | 4.00% | 4.00% | 4.00% | 4.00% | $3.3M | not published | Borrowable |
| [Gate](https://afterfees.xyz/venues/gate) | 4.05% | 4.08% | 4.45% | 4.08% * | $5M | not published | Borrowable |
| [Bybit](https://afterfees.xyz/venues/bybit) | 4.41% | 4.36% | 4.34% | 4.41% | $640K | not published | Borrowable |
| [Binance](https://afterfees.xyz/venues/binance) | 5.06% | 5.07% | 5.23% | 5.07% | $2.5M | 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 SOL: borrow and sell spot, long the perp

No reverse SOL 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._

## SOL perps, most negative funding first

| Exchange | Contract | Rate | Every | Annualised |
|---|---|---|---|---|
| [Bitget](https://afterfees.xyz/venues/bitget) | SOLUSDT | -0.0055% | 8 h | −6.0% |
| [Backpack](https://afterfees.xyz/venues/backpack) | SOL_USDC_PERP | -0.0006% | 1 h | −5.2% |
| [GRVT](https://afterfees.xyz/venues/grvt) | SOL_USDT_Perp | -0.0019% | 8 h | −2.1% |
| [OKX](https://afterfees.xyz/venues/okx) | SOL-USDT-SWAP | -0.0014% | 8 h | −1.5% |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | SOLUSDC | -0.0003% | 8 h | −0.3% |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | SOLUSDTM | 0.0001% | 8 h | +0.1% |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_SOLUSD | 0.0000% | 1 h | +0.3% |
| [Aster](https://afterfees.xyz/venues/aster) | SOLUSDT | 0.0018% | 8 h | +2.0% |

## Coins

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

## Questions

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

Bitget, at 3.65% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend SOL.

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

Not right now: no reverse SOL 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._