SHIB funding rates and arbitrage

SHIB perpetuals trade on 22 contracts across 18 venues, forming 227 cross-venue arbitrage pairs. By net APR the current best pair is long WhiteBIT against short Coinbase, netting +792.26%, though note the legs settle on different cadences (8h / 1h)。

SHIB perpetual funding rates by venue

APR = current rate × (24 ÷ settlement interval) × 365. Venues settle on different cadences, so rates must be annualised before comparing.

Venue	Contract	Margin	Settlement	Current rate	APR	24h avg APR	24h volume	Mark
Binance	1000SHIBUSDT	USDT	8h	-0.0185%	-20.25%	-8.69%	$26.9M	0.000004996
OKX	SHIB-USDT-SWAP	USDT	8h	-0.0160%	-17.47%	-3.99%	$9.3M	0.000004993
LBank	SHIBUSDT	USDT	8h	-0.0191%	-20.91%	-8.61%	$8.3M	0.000004996
MEXC	SHIB_USDT	USDT	8h	-0.0160%	-17.52%	-3.96%	$4.4M	0.000004996
Bitget	SHIBUSDT	USDT	8h	-0.0129%	-14.13%	-12.55%	$3.4M	0.000004992
Binance	1000SHIBUSDC	USDC	8h	-0.0155%	-16.97%	-2.55%	$2.9M	0.000004988
BingX	1000SHIB-USDT	USDT	8h	-0.0237%	-25.95%	-19.93%	$1.8M	0.000004995
BingX	1000SHIB-USDC	USDC	8h	-0.0237%	-25.95%	-19.56%	$1.7M	0.000004988
WhiteBIT	SHIB_PERP	USDT	8h	-0.0283%	-31.01%	-12.37%	$1.6M	0.000004993
Gate	SHIB_USDT	USDT	8h	-0.0064%	-7.01%	-0.50%	$1.3M	0.000004993
KuCoin	SHIBUSDTM	USDT	8h	-0.0268%	-29.35%	-8.55%	$1.1M	0.000004994
HTX	SHIB-USDT	USDT	8h	0.0100%	+10.95%	+10.95%	$625K	0.000005004
Hyperliquid	kSHIB	USDC	1h	-0.0011%	-9.92%	-8.35%	$538K	0.000004993
Kraken	PF_SHIBUSD	USD	1h	-0.0029%	-25.46%	-7.07%	$185K	0.000004994
Aster	1000SHIBUSDT	USDT	8h	-0.0135%	-14.78%	-5.74%	$166K	0.000004994
Lighter	1000SHIB	USDC	1h	0.0012%	+10.51%	+10.51%	$162K	0.000004996
MEXC	SHIB_USDC	USDC	8h	-0.0155%	-16.97%	-2.55%	$125K	0.000004987
Deribit	1000SHIB_USDC-PERPETUAL	USDC	8h	-0.0110%	-12.09%	-9.15%	$50K	0.000004992
Bitget	SHIBPERP	USDC	8h	0.0100%	+10.95%	+10.95%	$22K	0.000004989
Crypto.com	SHIBUSD-PERP	USD	4h	-0.0016%	-3.51%	+0.49%	$3K	0.000004994
Bitfinex	tSHIBF0:USTF0	USDT	8h	0.0000%	0.00%	0.00%	$105	0.000004992
Coinbase	1000SHIB-PERP	USDC	1h	0.0869%	+761.24%	+761.24%	$0	0.005800

SHIB cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg − long leg.

Long	Short	Net APR	Daily	24h avg	Settlement	Liquidity
WhiteBIT USDT	Coinbase USDC	+792.26%	2.1706%	+773.61%	8h / 1h	$0
KuCoin USDT	Coinbase USDC	+790.59%	2.1660%	+769.79%	8h / 1h	$0
BingX USDC	Coinbase USDC	+787.20%	2.1567%	+780.81%	8h / 1h	$0
BingX USDT	Coinbase USDC	+787.20%	2.1567%	+781.17%	8h / 1h	$0
Kraken USD	Coinbase USDC	+786.71%	2.1554%	+768.32%	1h matched	$0
LBank USDT	Coinbase USDC	+782.16%	2.1429%	+769.85%	8h / 1h	$0
Binance USDT	Coinbase USDC	+781.49%	2.1411%	+769.93%	8h / 1h	$0
MEXC USDT	Coinbase USDC	+778.76%	2.1336%	+765.20%	8h / 1h	$0
OKX USDT	Coinbase USDC	+778.71%	2.1335%	+765.24%	8h / 1h	$0
Binance USDC	Coinbase USDC	+778.22%	2.1321%	+763.79%	8h / 1h	$0
MEXC USDC	Coinbase USDC	+778.22%	2.1321%	+763.80%	8h / 1h	$0
Aster USDT	Coinbase USDC	+776.02%	2.1261%	+766.98%	8h / 1h	$0

Shiba Inu project profile

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Key facts

Total: 589.50T
Max supply: 1.00B
Type: Token
Market cap rank: #37

Solana EcosystemMemeDog-ThemedPump.fun Ecosystem

Contract addresses

solana7wz31sC5z979UMtiqrtxsYYQ6bJzpjUTgPsZvXuZhso

Block explorers

solscan.io intel.arkm.com

About

SHIB ON SOLANA

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

STRK+590.2%WLFI+492.1%APT+208.0%HYPE+54.3%ICP+861.3%KAITO+70.6%ORDI+71.4%TAO+692.0%TRX+35.2%ZEC+92.9%BOME+57.0%EIGEN+981.7%

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