# SHELL Funding Rates

As of 2026-10-03 01:03 UTC, SHELL perpetual funding averages 0.0312% per 8 hours (34.15% APR) across all 14 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: OKX at 0.0232% per 4h (50.86% APR). Lowest: Toobit at 0.0050% per 4h (10.95% APR). Going long on Toobit and short on OKX collects a gross spread of 0.0364% per 8 hours (39.91% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [OKX](https://arbtide.com/funding-rates/shell/okx) | [SHELL/USDT:USDT](https://www.okx.com/trade-swap/shell-usdt-swap) | 0.0232% | 4h | 50.86% | 2026-10-03 04:00 UTC |
| [BingX](https://arbtide.com/funding-rates/shell/bingx) | [SHELL/USDT:USDT](https://bingx.com/en/perpetual/SHELL-USDT) | 0.0229% | 4h | 50.15% | — |
| [XT.COM](https://arbtide.com/funding-rates/shell/xt) | [SHELL/USDT:USDT](https://www.xt.com/en/futures/trade/shell_usdt) | 0.0192% | 4h | 41.96% | 2026-10-03 04:00 UTC |
| [Bybit](https://arbtide.com/funding-rates/shell/bybit) | [SHELL/USDT:USDT](https://www.bybit.com/trade/usdt/SHELLUSDT) | 0.0170% | 4h | 37.15% | 2026-10-03 04:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/shell/bitget) | [SHELL/USDT:USDT](https://www.bitget.com/futures/usdt/SHELLUSDT) | 0.0079% | 4h | 17.30% | — |
| [Binance](https://arbtide.com/funding-rates/shell/binance) | [SHELL/USDT:USDT](https://www.binance.com/en/futures/SHELLUSDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [Gate](https://arbtide.com/funding-rates/shell/gate) | [SHELL/USDT:USDT](https://www.gate.com/futures/USDT/SHELL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/shell/kucoin) | [SHELL/USDT:USDT](https://www.kucoin.com/trade/futures/SHELLUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/shell/mexc) | [SHELL/USDT:USDT](https://www.mexc.com/futures/SHELL_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [WhiteBIT](https://arbtide.com/funding-rates/shell/whitebit) | [SHELL/USDT:USDT](https://whitebit.com/trade/SHELL-PERP?type=futures) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [LBank](https://arbtide.com/funding-rates/shell/lbank) | [SHELL/USDT:USDT](https://www.lbank.com/futures/shellusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/shell/weex) | [SHELL/USDT:USDT](https://www.weex.com/futures/SHELL-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 01:03 UTC |
| [Toobit](https://arbtide.com/funding-rates/shell/toobit) | [SHELL/USDT:USDT](https://www.toobit.com/en-US/futures/SHELL-SWAP-USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 04:00 UTC |
| [Aster](https://arbtide.com/funding-rates/shell/aster) | [SHELL/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/SHELLUSDT) | 0.0050% | 4h | 10.95% | — |

## Frequently asked questions

### Is the SHELL funding rate positive right now?

Yes. SHELL funding is positive on 14 of the 14 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest SHELL funding rate?

OKX at 0.0232% per 4h (50.86% APR). The lowest is Toobit at 0.0050% per 4h (10.95% APR).

### What is the SHELL funding arbitrage spread?

The gross spread is 0.0364% per 8 hours (39.91% APR): long SHELL on Toobit and short on OKX. Trading fees, slippage and price basis reduce the net return.

### How often is SHELL funding paid?

SHELL funding is paid every 4 hours on OKX, BingX, XT.COM, Bybit, Bitget, Binance, Gate, KuCoin, MEXC, WhiteBIT, LBank, WEEX, Toobit, and Aster. Rates on this page are also shown as APR so they can be compared directly.