Borrow SHIB: rates on every exchange
Annualised margin borrow rates for SHIB at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-10-29 17:04 UTC
SHIB borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Binance | 0.46% | 0.47% | 0.47% | 0.47% | $51.6K | not published | Borrowable |
| Bybit | 0.68% | 0.70% | 0.72% | 0.70% | $384.8K | not published | Borrowable |
| OKX | 1.01% | 1.01% | 1.01% | 1.01% | $60.1K | not published | Borrowable |
| Bitget | 1.31% | 1.32% | 1.35% | 1.32% | $250.7K | $105.6K | Borrowable |
| Gate | 1.71% | 1.67% | 1.81% | 1.71% * | $2M | 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 SHIB: borrow and sell spot, long the perp
No reverse SHIB 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.
SHIB perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | SHIB |
Questions
Where is it cheapest to borrow SHIB?
Binance, at 0.47% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend SHIB.
Can I earn negative funding on SHIB by borrowing it?
Not right now: no reverse SHIB 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.