SHLD (Global X Defense Tech ETF) perpetual futures

SHLD (Global X Defense Tech ETF) perpetuals trade on 4 markets. 24h volume $1.31M, open interest $1.15M. Best funding APR -5.48% on bingx. Cheapest $100k execution (24h median): 195.01 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 SHLD (Global X Defense Tech ETF) on every venue we track.

ExchangeSymbolPrice24h volumeOpen interestFunding / intervalFunding APRPaid 24hPaid 7dPaid 30d
bingxNCSKSHLD2USD-USDT63.03$1.20M$975.6K-0.0050%-5.48%+0.2639%+0.1739%
mexcSHLD_USDT63.03$81.9K$98.6K0.0000%+0.00%+0.3771%+0.6698%+0.8831%
okxSHLD-USDT-SWAP63.03$25.5K$60.6K0.0000%+0.00%+0.3772%+0.6700%+0.8835%
gateioSHLD_USDT63.00$2.3K$17.8K0.0000%+0.00%+0.0000%+0.0000%+0.1000%

Funding spread across venues

Across 4 venues the funding APR on SHLD (Global X Defense Tech ETF) runs from -5.48% on bingx to +0.00% on mexc. The gap between them is 5.48 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 +0.8835% of position size on okx.

Liquidity

Across the venues listed above SHLD (Global X Defense Tech ETF) shows $1.31M of 24h volume and $1.15M of open interest. The deepest venue by 24h volume is bingx at $1.20M.

Execution cost

The cheapest venue to open a $100k position in SHLD (Global X Defense Tech ETF), measured as the 24h median of the full cost including taker fee and slippage, is mexc at 195.01 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 SHLD (Global X Defense Tech ETF) means

A perpetual future on SHLD (Global X Defense Tech ETF) 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 SHLD (Global X Defense Tech ETF) on different schedules: 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 SHLD (Global X Defense Tech ETF) position earned or cost money.

Frequently asked questions

What is the funding rate on SHLD (Global X Defense Tech ETF) right now?

Across 4 venues the funding APR on SHLD (Global X Defense Tech ETF) runs from -5.48% on bingx to +0.00% on mexc. The gap between them is 5.48 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 +0.8835% of position size on okx.

Which venue has the most liquid SHLD (Global X Defense Tech ETF) perpetual?

Across the venues listed above SHLD (Global X Defense Tech ETF) shows $1.31M of 24h volume and $1.15M of open interest. The deepest venue by 24h volume is bingx at $1.20M.

How often is funding paid on SHLD (Global X Defense Tech ETF)?

Venues settle SHLD (Global X Defense Tech ETF) on different schedules: 8h.

Data generated at 2026-09-22T00:08:11Z. Live numbers load on this page automatically.