SHIB Funding Rate History — Settled Payments by Exchange
Shiba Inu
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 dYdX | 720 | +6.7331% | +81.98% | +0.1377% | -0.0523% | 2026-09-23 18:00 UTC |
 BloFin | 90 | +1.5891% | +19.35% | +0.0318% | -0.0068% | 2026-09-23 16:00 UTC |
 HTX | 90 | +0.9000% | +10.96% | +0.0100% | +0.0100% | 2026-09-23 16:00 UTC |
 Pionex | 90 | +0.5748% | +7.00% | +0.0100% | -0.0334% | 2026-09-23 16:00 UTC |
 MEXC | 90 | +0.5626% | +6.85% | +0.0100% | -0.0178% | 2026-09-23 16:00 UTC |
 OKX | 90 | +0.5624% | +6.85% | +0.0100% | -0.0179% | 2026-09-23 16:00 UTC |
 KuCoin | 90 | +0.5504% | +6.70% | +0.0100% | -0.0218% | 2026-09-23 16:00 UTC |
 Bitget | 90 | +0.5483% | +6.68% | +0.0100% | -0.0428% | 2026-09-23 16:00 UTC |
 Gate.io | 90 | +0.4181% | +5.09% | +0.0100% | -0.0276% | 2026-09-23 16:00 UTC |
What the SHIB funding rate means
What SHIB (Shiba Inu) actually paid over the last 30 days: 1,440 settlements across 9 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. dYdX paid the most over the window at +6.7331% of position size.
A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 56% of the 1,440 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +6.7331% on dYdX to +0.4181% on Gate.io — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.
Frequently asked questions
- Is the SHIB funding rate a live quote or an actual payment?
- A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 56% of the 1,440 settlements recorded here.
- Which exchange has paid the most settled SHIB funding recently?
- dYdX paid the most over the last 30 days at +6.7331% of position size across 720 settlements, an average annualized rate of +81.98%. This is a sum of actual payments, not a forecast.
- How often is SHIB funding actually paid?
- Over the last 30 days, ORBIT recorded 1,440 funding settlements for SHIB across 9 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.