SHELL funding rates
SHELL perpetual funding across 7 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 8.6%long MEXC, short Bybit · net 4.7%
- Highest funding now
- 10.9%AsAster
- Lowest funding now
- 10.9%AsAster
- Listed on
- 7 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AsAster | SHELLUSDT | 10.9% | 10.9% | 10.9% | 10.9% | 10.9% | 100% | 4h | 08:00 | 0.0236 | $2k | $1k | AsAster | ||
| BnBinanceCEX | SHELLUSDT | 10.9% | 10.9% | 10.9% | 11.7% | 10.9% | 100% | 4h | 08:00 | 0.02357 | $1.7M | $739k | BnBinance | ||
| ByBybitCEX | SHELLUSDT | 10.9% | 10.9% | 19.6% | 26.4% | 21.0% | 100% | 4h | 08:00 | 0.02361 | $401k | $50k | ByBybit | ||
| BgBitgetCEX | SHELLUSDT | 10.9% | 10.9% | 14.9% | 19.2% | 15.5% | 100% | 4h | 08:00 | 0.0236 | $567k | $48k | BgBitget | ||
| GtGateCEX | SHELL_USDT | 10.9% | 10.9% | 10.9% | 10.9% | 10.9% | 100% | 4h | 08:00 | 0.02364 | $359k | $5k | GtGate | ||
| MxMEXCCEX | SHELL_USDT | 10.9% | 10.9% | 10.9% | 11.1% | 10.9% | 100% | 4h | 08:00 | 0.02359 | $153k | $104k | MxMEXC | ||
| VaVariational | SHELL | 10.9% | 10.9% | 11.1% | 11.4% | 11.1% | 100% | 4h | — | 0.02355 | $1k | $2k | VaVariational |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| MxMEXCCEX | ByBybitCEX | 0.0% | 0.0% | 8.6% | 15.3% | 4.7% | 7.1% | 6.3d | cooling | $153k | MxBy | calc | ||
| BnBinanceCEX | ByBybitCEX | 0.0% | 0.0% | 8.6% | 11.8% | 3.2% | 4.7% | 8.9d | cooling | $401k | BnBy | calc | ||
| VaVariational | ByBybitCEX | 0.0% | 0.0% | 8.5% | 15.0% | 5.6% | 8.5% | 4.7d | cooling | $1k | low OIspread not incl. | VaBy | calc | |
| GtGateCEX | ByBybitCEX | 0.0% | 0.0% | 8.6% | 15.4% | 1.9% | 2.8% | 11d | cooling | $359k | GtBy | calc | ||
| AsAster | ByBybitCEX | 0.0% | 0.0% | 8.6% | 15.5% | 3.7% | 5.5% | 8.0d | cooling | $2k | low OI | AsBy | calc | |
| VaVariational | BgBitgetCEX | 0.0% | 0.0% | 3.8% | 7.8% | 0.6% | 1.0% | 12d | weak | $1k | low OIspread not incl. | VaBg | calc | |
| MxMEXCCEX | BgBitgetCEX | 0.0% | 0.0% | 3.9% | 8.1% | −0.3% | −0.4% | 15d | weak | $153k | MxBg | calc | ||
| BgBitgetCEX | ByBybitCEX | 0.0% | 0.0% | 4.7% | 7.2% | −1.3% | −1.9% | 18d | cooling | $401k | BgBy | calc | ||
| MxMEXCCEX | VaVariational | 0.0% | 0.0% | 0.1% | 0.3% | −0.9% | −1.4% | 113d | weak | $1k | low OIspread not incl. | MxVa | calc | |
| BnBinanceCEX | BgBitgetCEX | 0.0% | 0.0% | 3.9% | 3.1% | −1.8% | −2.7% | 21d | weak | $567k | BnBg | calc | ||
| AsAster | BgBitgetCEX | 0.0% | 0.0% | 3.9% | 8.3% | −1.3% | −2.0% | 19d | weak | $2k | low OI | AsBg | calc | |
| GtGateCEX | BgBitgetCEX | 0.0% | 0.0% | 3.9% | 8.3% | −3.1% | −4.7% | 25d | weak | $359k | GtBg | calc | ||
| AsAster | VaVariational | 0.0% | 0.0% | 0.1% | 0.5% | −2.0% | −2.9% | 227d | weak | $1k | low OIspread not incl. | AsVa | calc | |
| BnBinanceCEX | VaVariational | 0.0% | 0.0% | 0.1% | −0.4% | −2.5% | −3.7% | 283d | weak | $1k | low OIspread not incl. | BnVa | calc | |
| GtGateCEX | VaVariational | 0.0% | 0.0% | 0.1% | 0.5% | −3.8% | −5.7% | 425d | weak | $1k | low OIspread not incl. | GtVa | calc | |
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 04:46 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
Indicative (mark or mid prices): buy on Variational at 0.0235537, sell on Gate at 0.02364: 0.366% before fees, 0.216% after taker fees.
| Buy ↓ · Sell → | GtGate0.02364 | ByBybit0.02361 | AsAster0.0236005 | BgBitget0.0236 | MxMEXC0.02359 | BnBinance0.023575 | VaVariational0.0235537 |
|---|---|---|---|---|---|---|---|
| VaVariational0.0235537 | 0.366% | 0.239% | 0.198% | 0.196% | 0.154% | 0.090% | — |
| BnBinance0.023575 | 0.275% | 0.148% | 0.108% | 0.106% | 0.064% | — | −0.090% |
| MxMEXC0.02359 | 0.212% | 0.085% | 0.044% | 0.042% | — | −0.064% | −0.154% |
| BgBitget0.0236 | 0.169% | 0.042% | 0.002% | — | −0.042% | −0.106% | −0.196% |
| AsAster0.0236005 | 0.167% | 0.040% | — | −0.002% | −0.044% | −0.108% | −0.198% |
| ByBybit0.02361 | 0.127% | — | −0.040% | −0.042% | −0.085% | −0.148% | −0.239% |
| GtGate0.02364 | — | −0.127% | −0.167% | −0.169% | −0.212% | −0.275% | −0.366% |
All quotes (7)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 0.0236005 | 0.0236005 | mark | 9m | $1k | no FX |
| BnBinanceCEX | 0.023575 | 0.023575 | mark | 9m | $739k | no FX |
| BgBitgetCEX | 0.0236 | 0.0236 | mark | 9m | $48k | no FX |
| ByBybitCEX | 0.02361 | 0.02361 | mark | 9m | $50k | no FX |
| GtGateCEX | 0.02364 | 0.02364 | mark | 9m | $5k | no FX |
| MxMEXCCEX | 0.02359 | 0.02359 | mark | 9m | $104k | no FX |
| VaVariational | 0.0235537 | 0.0235537 | mark | 9m | $2k |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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