SHIB funding rates and arbitrage
Updated 2026-10-30 02:13 UTC
Best SHIB arbitrage after every cost
No SHIB pair 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 funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Kraken | PF_SHIBUSD | 0.0046% | 1 h | +39.9% | +20.6% | $750.1K | 2026-10-30 03:00 |
| Bitunix | 1000SHIBUSDT | 0.0103% | 8 h | +11.3% | +9.2% | — | 2026-10-30 08:00 |
| Pacifica | kSHIB | 0.0013% | 1 h | +10.9% | +11.0% | $12K | 2026-10-30 03:00 |
| WhiteBIT | SHIB_PERP | 0.0100% | 8 h | +10.9% | +8.7% | $1.2M | 2026-10-30 08:00 |
| HTX | SHIB-USDT | 0.0100% | 8 h | +10.9% | +20.6% | $220K | 2026-10-30 08:00 |
| TXFlow | SHIB-USDC | 0.0013% | 1 h | +10.9% | — | $11.4K | 2026-10-30 03:00 |
| Gate | SHIB_USDT | 0.0100% | 8 h | +10.9% | +8.1% | $1.9M | 2026-10-30 08:00 |
| Hyperliquid | kSHIB | 0.0013% | 1 h | +10.9% | +10.4% | $2.8M | 2026-10-30 03:00 |
| Lighter | 1000SHIB | 0.0012% | 1 h | +10.5% | +10.6% | $124.5K | 2026-10-30 03:00 |
| OKX | SHIB-USDT-SWAP | 0.0090% | 8 h | +9.8% | +5.6% | $6.4M | 2026-10-30 08:00 |
| BloFin | SHIB-USDT | 0.0087% | 8 h | +9.5% | +16.9% | $599.1K | 2026-10-30 08:00 |
| MEXC | SHIB_USDT | 0.0086% | 8 h | +9.4% | +5.6% | $6.8M | 2026-10-30 08:00 |
| Crypto.com | SHIBUSD-PERP | 0.0009% | 1 h | +7.8% | +36.4% | $102.1K | 2026-10-30 03:00 |
| Bybit | SHIB1000USDT | 0.0007% | 8 h | +0.8% | +4.4% | $6.1M | 2026-10-30 08:00 |
| Aster | 1000SHIBUSDT | -0.0007% | 8 h | −0.7% | +9.5% | $131.9K | 2026-10-30 08:00 |
| Bitget | SHIBUSDT | -0.0015% | 8 h | −1.6% | +3.6% | $8.1M | 2026-10-30 08:00 |
| Bitunix | 1000SHIBUSDC | -0.0050% | 8 h | −5.5% | +6.3% | — | 2026-10-30 08:00 |
| KuCoin | SHIBUSDTM | -0.0070% | 8 h | −7.7% | +6.7% | $3M | 2026-10-30 08:00 |
| Coinbase Derivatives | SHP-20DEC30-CDE | -0.0009% | 1 h | −7.9% | — | $181.6K | 2026-10-30 03:00 |
| Binance | 1000SHIBUSDT | -0.0084% | 8 h | −9.2% | +8.1% | $18.3M | 2026-10-30 08:00 |
| Extended | 1000SHIB-USD | -0.0011% | 1 h | −9.6% | +7.3% | $40K | 2026-10-30 03:00 |
| LBank | SHIBUSDT | -0.0089% | 8 h | −9.7% | — | — | 2026-10-30 08:00 |
| BingX | 1000SHIB-USDT | -0.0092% | 8 h | −10.1% | −1.2% | $1.7M | 2026-10-30 08:00 |
| Bitfinex | tSHIBF0:USTF0 | -0.0880% | 8 h | −96.3% | — | $11.2K | 2026-10-30 08:00 |
Borrow SHIB to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Binance | 0.47% | — |
| Bybit | 0.69% | — |
| OKX | 1.01% | — |
| Bitget | 1.32% | — |
| Gate | 2.48% | $2M |
Cost to enter $10,000 of SHIB
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | SHIB_USDT | 1.1 bp | top of book only |
| Lighter | 1000SHIB | 3.3 bp | top of book only |
| Extended | 1000SHIB-USD | 3.6 bp | top of book only |
| Binance | 1000SHIBUSDT | 6.1 bp | top of book only |
| OKX | SHIB-USDT-SWAP | 6.1 bp | top of book only |
| BingX | 1000SHIB-USDT | 6.1 bp | top of book only |
| Bybit | SHIB1000USDT | 6.6 bp | top of book only |
| Bitget | SHIBUSDT | 7.1 bp | top of book only |
| Aster | 1000SHIBUSDT | 7.3 bp | top of book only |
| HTX | SHIB-USDT | 8.2 bp * | top of book only |
| Kraken | PF_SHIBUSD | 8.3 bp | top of book only |
| Hyperliquid | kSHIB | 8.9 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
More on SHIB
Questions
Is SHIB funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no SHIB pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest SHIB funding rate?
Kraken at +39.9% a year (0.0046% every 1 h); the lowest is Bitfinex at −96.3%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
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.