Borrow SHIB: rates on every exchange
Annualised margin borrow rates for SHIB at VIP 0, and whether borrowing it to collect negative funding pays after every cost.
Updated 2026-11-11 23:07 UTC
SHIB borrow rates by exchange
| Exchange | Now | 24 h avg | 7-day avg | Rate counted | Per-account limit | Platform remaining | Status |
|---|---|---|---|---|---|---|---|
| Binance | 0.47% | 0.47% | 0.50% | 0.47% | $44.7K | not published | Borrowable |
| Bybit | 0.71% | 0.71% | 0.74% | 0.71% | $334K | not published | Borrowable |
| OKX | 1.01% | 1.01% | 1.01% | 1.01% | $52.2K | not published | Borrowable |
| Gate | 1.22% | 1.17% | 1.29% | 1.22% * | $2M | not published | Borrowable |
| Bitget | 1.57% | 1.76% | 1.70% | 1.76% | $217.4K | $83.9K | Borrowable |
Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees. * Gate: rate × the published VIP multiplier (inferred).
Reverse carry on SHIB: borrow and sell spot, long the perp
No reverse SHIB carry nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
SHIB perps, most negative funding first
Coins
| Funding rates and every arbitrage on this coin | SHIB |
Questions
Where is it cheapest to borrow SHIB?
Binance, at 0.47% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend SHIB.
Can I earn negative funding on SHIB by borrowing it?
Not right now: no reverse SHIB carry covers its borrow interest, fees and slippage at $10,000 for 7 days.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.