SHOP funding rates and arbitrage

SHOP perpetuals trade on 8 contracts across 8 venues, forming 28 cross-venue arbitrage pairs. By net APR the current best pair is long Bitget against short Crypto.com, netting +18.07%, though note the legs settle on different cadences (8h / 4h)ใ€‚

SHOP perpetual funding rates by venue

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

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
LBankSHOPUSDTUSDT8h0.0000%0.00%0.00%$219K173.730
BitgetSHOPUSDTUSDT8h0.0000%0.00%0.00%$184K173.730
HTXSHOP-USDTUSDT8h0.0100%+10.95%+10.95%$165K173.925
MEXCSHOPSTOCK_USDTUSDT8h0.0000%0.00%0.00%$112K173.720
BybitSHOPUSDTUSDT8h0.0000%0.00%+1.37%$96K173.580
OKXSHOP-USDT-SWAPUSDT8h0.0000%0.00%0.00%$94K173.710
GateSHOP_USDTUSDT8h0.0000%0.00%+63.52%$6K173.930
Crypto.comSHOPUSD-PERPUSD4h0.0083%+18.07%-0.23%$1K173.750

SHOP cross-venue arbitrage pairs

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

LongShortNet APRDaily24h avgSettlementLiquidity
Bitget USDTCrypto.com USD+18.07%0.0495%-0.23%8h / 4h$1K
Bybit USDTCrypto.com USD+18.07%0.0495%-1.61%8h / 4h$1K
Gate USDTCrypto.com USD+18.07%0.0495%-63.76%8h / 4h$1K
LBank USDTCrypto.com USD+18.07%0.0495%-0.23%8h / 4h$1K
MEXC USDTCrypto.com USD+18.07%0.0495%-0.23%8h / 4h$1K
OKX USDTCrypto.com USD+18.07%0.0495%-0.23%8h / 4h$1K
Bitget USDTHTX USDT+10.95%0.0300%+10.95%8h matched$165K
Bybit USDTHTX USDT+10.95%0.0300%+9.58%8h matched$96K
Gate USDTHTX USDT+10.95%0.0300%-52.57%8h matched$6K
LBank USDTHTX USDT+10.95%0.0300%+10.95%8h matched$165K
MEXC USDTHTX USDT+10.95%0.0300%+10.95%8h matched$112K
OKX USDTHTX USDT+10.95%0.0300%+10.95%8h matched$94K

Shopify (Backpack Securities) project profile

Key facts
Total
447
Max supply
unlimited
Type
Token
Market cap rank
#6246
Tokenized AssetsSolana EcosystemReal World Assets (RWA)Backpack Securities Ecosystem
Contract addresses
solanaSH55hfaipFAbwT42nQYhRoM5o5t61QpkmJ6p62vXB3m
About

Shopify (Backpack Securities) is a digital representation of private equity, specifically designed to bridge the gap between traditional financial markets and the on-chain ecosystem. Unlike synthetic derivatives or perpetual contracts that merely track price movements through oracles, SHOP represents a tangible claim on the underlying asset. The project is part of the emerging sector of Real World Assets (RWA), which focuses on digitizing physical or financial instruments to improve liquidity and accessibility.

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

Snapshot taken 2026-10-19 14:28 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.