SHIB (Shiba Inu (memecoin)) perpetual futures
SHIB (Shiba Inu (memecoin)) perpetuals trade on 27 markets. 24h volume $184.96M, open interest $101.90M. Best funding APR +70.00% on hyperliquid. Cheapest $100k execution (24h median): 9.00 bps on mexc.
Funding rates by venue
Live funding rate, price, liquidity and the funding actually paid over the last 24 hours, 7 and 30 days for SHIB (Shiba Inu (memecoin)) on every venue we track.
| Exchange | Symbol | Price | 24h volume | Open interest | Funding / interval | Funding APR | Paid 24h | Paid 7d | Paid 30d |
|---|---|---|---|---|---|---|---|---|---|
| binance | 1000SHIBUSDT | 6.02e-06 | $96.92M | $29.43M | 0.0100% | +10.95% | +0.0300% | +0.0972% | +0.5159% |
| okx | SHIB-USDT-SWAP | 6.02e-06 | $33.02M | $8.67M | 0.0100% | +10.95% | +0.0300% | +0.1418% | +0.5532% |
| mexc | SHIB_USDT | 6.02e-06 | $16.65M | $31.18M | 0.0100% | +10.95% | +0.0300% | +0.1418% | +0.5537% |
| bitget | SHIBUSDT | 6.02e-06 | $13.51M | $11.54M | 0.0100% | +10.95% | +0.0300% | +0.0970% | +0.5483% |
| gateio | SHIB_USDT | 6.02e-06 | $5.65M | $6.92M | 0.0100% | +10.95% | +0.0171% | +0.1177% | +0.3945% |
| binance | 1000SHIBUSDC | 6.02e-06 | $4.82M | $1.68M | 0.0100% | +10.95% | +0.0300% | +0.1646% | +0.5339% |
| hyperliquid | kSHIB | 6.03e-06 | $4.02M | $4.37M | 0.0080% | +70.00% | +0.0851% | +0.2216% | +0.9076% |
| gravitymarkets | KSHIB_USDT_Perp | 6.02e-06 | $2.69M | $498.38 | 0.0100% | +10.95% | +0.0300% | +0.2006% | +0.8906% |
| kucoin | SHIBUSDTM | 6.02e-06 | $2.59M | $4.91M | 0.0100% | +10.95% | +0.0300% | +0.1467% | +0.5504% |
| bingx | 1000SHIB-USDT | 6.04e-06 | $2.08M | $1.78M | 0.0080% | +8.76% | +0.0020% | +0.0118% | +0.1148% |
| bingx | 1000SHIB-USDC | 6.04e-06 | $1.64M | $680.4K | 0.0080% | +8.76% | +0.0160% | +0.0099% | +0.0759% |
| polymarket | KSHIB-USD | 6.02e-06 | $364.8K | $121.48 | 0.0013% | +10.95% | +0.0300% | -0.0849% | — |
| lighter | 1000SHIB | 6.03e-06 | $363.3K | $360.6K | 0.0012% | +10.51% | +0.0288% | -0.0014% | -0.2421% |
| txflow | SHIB-USDC | 6.02e-06 | $214.5K | $4.0K | 0.0013% | +10.95% | — | — | — |
| asterdex | 1000SHIBUSDT | 6.02e-06 | $178.3K | $70.3K | 0.0100% | +10.95% | +0.0300% | +0.1709% | +0.8304% |
| mexc | SHIB_USDC | 6.02e-06 | $120.9K | $179.5K | 0.0100% | +10.95% | +0.0300% | +0.1651% | +0.5322% |
| dydx | SHIB-USD | 5.95e-06 | $64.5K | $23.1K | 0.0000% | +0.00% | +0.8540% | +1.5757% | +9.7273% |
| gains | SHIB/USD | 6.02e-06 | $39.1K | $635.61 | 0.0079% | +68.85% | +0.6700% | +1.3019% | +4.9017% |
| bybit | SHIB1000USDT | 6.02e-06 | $17.8K | $6.1K | 0.0100% | +10.95% | +0.0206% | +0.0864% | +0.3577% |
| backpack | kSHIB_USDC_PERP | 6.02e-06 | $5.8K | $25.1K | 0.0013% | +10.95% | +0.0291% | +0.3501% | +0.9426% |
| pacifica | kSHIB | 6.03e-06 | $4.3K | $11.8K | 0.0022% | +19.40% | +0.0300% | +0.1399% | +0.7195% |
| extended_starknet | 1000SHIB-USD | 6.04e-06 | $3.9K | $53.5K | 0.0013% | +11.39% | +0.0312% | +0.0920% | +0.4871% |
| kalshi | KXKSHIBPERP | 6.02e-06 | $2.0K | $94.13 | 0.0000% | +0.00% | +0.0000% | +0.0000% | +0.0000% |
| bybit | SHIB1000PERP | 6.02e-06 | $79.80 | $20.25 | 0.0100% | +10.95% | +0.0300% | +0.2100% | +0.9000% |
| gmx | kSHIB/USD [WETH-USDC] | 6.04e-06 | $0.00 | $1.4K | 0.0024% | +20.68% | +0.0567% | +0.1294% | +0.8758% |
| paradex | kSHIB-USD-PERP | 6.02e-06 | $0.00 | $6.9K | 0.0104% | +11.35% | +0.0292% | +0.0781% | +0.0703% |
| reya | kSHIBRUSDPERP | 6.02e-06 | $0.00 | $1.39 | 0.0040% | +35.32% | +0.0927% | +0.6732% | +2.8943% |
Funding spread across venues
Across 23 venues the funding APR on SHIB (Shiba Inu (memecoin)) runs from +0.00% on dydx to +70.00% on hyperliquid. The gap between them is 70.00 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +9.7273% of position size on dydx.
Funding history over 30 days
Over the last 30 days we recorded 7562 funding settlements for SHIB (Shiba Inu (memecoin)) across 22 venues. The rate was positive in 75% of them, meaning longs paid shorts that often. The average annualised rate over the window was +20.19%. Summed over the window, dydx paid the most at +9.7274% of position size and polymarket the least at -1.6360%.
Liquidity
Across the venues listed above SHIB (Shiba Inu (memecoin)) shows $184.96M of 24h volume and $101.90M of open interest. The deepest venue by 24h volume is binance at $96.92M.
Execution cost
The cheapest venue to open a $100k position in SHIB (Shiba Inu (memecoin)), measured as the 24h median of the full cost including taker fee and slippage, is mexc at 9.00 bps. Funding only pays off once the cost of getting in and out is covered, so this number belongs next to the APR above.
What the funding rate on SHIB (Shiba Inu (memecoin)) means
A perpetual future on SHIB (Shiba Inu (memecoin)) has no expiry, so venues use a funding payment to keep its price tied to spot. When the perp trades above spot, longs pay shorts; when it trades below, shorts pay longs. The rate shown per venue is the share of position size paid at each settlement, and the APR is that share annualised over the venue's own interval. Venues settle SHIB (Shiba Inu (memecoin)) on different schedules: 1h, 8h.
Because every venue computes its own rate from its own order book, the same asset can pay very differently in the same hour. The "paid" columns show what was actually settled rather than what is quoted now, which is the honest way to judge whether a SHIB (Shiba Inu (memecoin)) position earned or cost money.
Frequently asked questions
What is the funding rate on SHIB (Shiba Inu (memecoin)) right now?
Across 23 venues the funding APR on SHIB (Shiba Inu (memecoin)) runs from +0.00% on dydx to +70.00% on hyperliquid. The gap between them is 70.00 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +9.7273% of position size on dydx.
Which venue has the most liquid SHIB (Shiba Inu (memecoin)) perpetual?
Across the venues listed above SHIB (Shiba Inu (memecoin)) shows $184.96M of 24h volume and $101.90M of open interest. The deepest venue by 24h volume is binance at $96.92M.
How often is funding paid on SHIB (Shiba Inu (memecoin))?
Venues settle SHIB (Shiba Inu (memecoin)) on different schedules: 1h, 8h.
Has funding on SHIB (Shiba Inu (memecoin)) been paid consistently?
Over the last 30 days we recorded 7562 funding settlements for SHIB (Shiba Inu (memecoin)) across 22 venues. The rate was positive in 75% of them, meaning longs paid shorts that often. The average annualised rate over the window was +20.19%. Summed over the window, dydx paid the most at +9.7274% of position size and polymarket the least at -1.6360%.
Data generated at 2026-09-22T00:08:19Z. Live numbers load on this page automatically.