SHIB Funding Rates: Live Across 23 Exchanges

As of 2026-10-03 00:27 UTC, SHIB perpetual funding averages 0.0086% per 8 hours (9.38% APR) across all 23 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: Binance at 0.0100% per 8h (10.95% APR). Lowest: Kraken at -0.0040% per 1h (-34.81% APR). Going long on Kraken and short on Binance collects a gross spread of 0.0418% per 8 hours (45.76% APR) before fees.

Long SHIB on Kraken and short on Binance for a funding gap of 0.0418% per 8 hours. Trading fees, slippage and the price basis between venues reduce the net return; the funding table shows it after fees for your size. See how this gap moved. Learn how funding rate arbitrage works and what a funding rate is.

Frequently asked questions

Is the SHIB funding rate positive right now?

Mostly yes. SHIB funding is positive on 18 of the 23 exchanges, which means longs are paying shorts on those venues.

Which exchange has the highest SHIB funding rate?

Binance at 0.0100% per 8h (10.95% APR). The lowest is Kraken at -0.0040% per 1h (-34.81% APR).

What is the SHIB funding arbitrage spread?

The gross spread is 0.0418% per 8 hours (45.76% APR): long SHIB on Kraken and short on Binance. Trading fees, slippage and price basis reduce the net return.

How often is SHIB funding paid?

SHIB funding is paid every 8 hours on Binance, Bitget, Gate, KuCoin, HTX, WhiteBIT, LBank, WEEX, Toobit, HitBTC, Aster, Paradex, Lighter, XT.COM, Bitfinex, OKX, MEXC, and BingX; every hour on Crypto.com, Extended, Backpack, Pacifica, and Kraken. Rates on this page are also shown as APR so they can be compared directly.