# SHIB funding rates and arbitrage

Updated 2026-10-30 05:55 UTC · https://afterfees.xyz/coin/SHIB

## 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 |
|---|---|---|---|---|---|---|---|
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | SHIBUSD-PERP | 0.0091% | 1 h | +79.5% | +36.4% | $106.3K | 2026-10-30 06:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_SHIBUSD | 0.0041% | 1 h | +36.1% | +20.3% | $780.9K | 2026-10-30 07:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | SHIB_USDT | 0.0100% | 8 h | +10.9% | +5.5% | $7.1M | 2026-10-30 08:00 |
| [Pacifica](https://afterfees.xyz/venues/pacifica) | kSHIB | 0.0013% | 1 h | +10.9% | +10.9% | $12K | 2026-10-30 06:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | SHIB_PERP | 0.0100% | 8 h | +10.9% | +8.5% | $1.2M | 2026-10-30 08:00 |
| [OKX](https://afterfees.xyz/venues/okx) | SHIB-USDT-SWAP | 0.0100% | 8 h | +10.9% | +5.5% | $6.4M | 2026-10-30 08:00 |
| [HTX](https://afterfees.xyz/venues/htx) | SHIB-USDT | 0.0100% | 8 h | +10.9% | +20.2% | $224.7K | 2026-10-30 08:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | SHIBUSDT | 0.0100% | 8 h | +10.9% | +3.5% | $7.9M | 2026-10-30 08:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | 1000SHIBUSDC | 0.0100% | 8 h | +10.9% | +6.2% | — | 2026-10-30 08:00 |
| [Aster](https://afterfees.xyz/venues/aster) | 1000SHIBUSDT | 0.0100% | 8 h | +10.9% | +9.3% | $120.6K | 2026-10-30 08:00 |
| [Gate](https://afterfees.xyz/venues/gate) | SHIB_USDT | 0.0100% | 8 h | +10.9% | +7.9% | $2M | 2026-10-30 08:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | kSHIB | 0.0013% | 1 h | +10.9% | +10.3% | $2.9M | 2026-10-30 07:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | 1000SHIB | 0.0012% | 1 h | +10.5% | +10.5% | $123.9K | 2026-10-30 07:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | SHIB-USDT | 0.0077% | 8 h | +8.4% | +16.6% | $608.1K | 2026-10-30 08:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | 1000SHIBUSDT | 0.0008% | 8 h | +0.9% | +9.0% | — | 2026-10-30 08:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | SHIBUSDT | -0.0004% | 8 h | −0.4% | — | — | 2026-10-30 08:00 |
| [Extended](https://afterfees.xyz/venues/extended) | 1000SHIB-USD | -0.0001% | 1 h | −0.9% | +7.1% | $41.6K | 2026-10-30 06:00 |
| [Binance](https://afterfees.xyz/venues/binance) | 1000SHIBUSDT | -0.0009% | 8 h | −0.9% | +7.9% | $18.6M | 2026-10-30 08:00 |
| [Coinbase Derivatives](https://afterfees.xyz/venues/coinbaseus) | SHP-20DEC30-CDE | -0.0003% | 1 h | −2.6% | — | $189.6K | 2026-10-30 06:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | SHIBUSDTM | -0.0154% | 8 h | −16.9% | +6.6% | $3.1M | 2026-10-30 08:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | SHIB-USDC | -0.0023% | 1 h | −20.1% | — | $11.7K | 2026-10-30 06:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | 1000SHIB-USDT | -0.0198% | 8 h | −21.7% | −1.1% | $1.6M | 2026-10-30 08:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | SHIB1000USDT | -0.0200% | 8 h | −21.9% | +4.3% | $6.1M | 2026-10-30 08:00 |
| [Bitfinex](https://afterfees.xyz/venues/bitfinex) | tSHIBF0:USTF0 | -0.0880% | 8 h | −96.3% | — | $11.5K | 2026-10-30 08:00 |

## Borrow SHIB to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Binance | 0.50% | — |
| Bybit | 0.75% | — |
| OKX | 1.01% | — |
| Bitget | 1.32% | — |
| Gate | 2.52% | $2M |

## Cost to enter $10,000 of SHIB

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| HTX | SHIB-USDT | 39.9 bp * | order-book snapshot, 14 min old |
| MEXC | SHIB_USDT | 1.1 bp | top of book only |
| Lighter | 1000SHIB | 2.1 bp | top of book only |
| Extended | 1000SHIB-USD | 4.6 bp | top of book only |
| Binance | 1000SHIBUSDT | 6.1 bp | top of book only |
| BingX | 1000SHIB-USDT | 6.1 bp | top of book only |
| OKX | SHIB-USDT-SWAP | 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 |
| KuCoin | SHIBUSDTM | 7.1 bp | top of book only |
| BloFin | SHIB-USDT | 8.1 bp | top of book only |
| Aster | 1000SHIBUSDT | 8.3 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

- [Borrow SHIB: rates on every exchange](https://afterfees.xyz/borrow/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?**

Crypto.com at +79.5% a year (0.0091% 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._