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SHAZ Funding Rate

SHAZ perpetual funding on 10 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.

Updated · How we count

SHAZ funding rate on every exchange

ExchangeRate per 8 hPer periodPredictedBy premiumAnnual1 day · 7 days · 30 daysNext payment24h volume
LBank8 h0.0000%0.0000%—+0.0100%0.0%−0.0575%+0.352%+1.333%—
OKX8 hbest long0.0000%0.0000%——0.0%−0.0615%+0.228%+0.634%$55.1K
Bybit8 h0.0000%0.0000%—+0.0376%0.0%−0.0142%+0.403%+0.588%$94.9K
Bitget8 h0.0000%0.0000%—+0.0100%0.0%0.0000%+0.514%+1.503%$244.8K
Binance8 h0.0000%0.0000%—+0.0544%0.0%−0.0611%+0.350%+1.860%—
XT8 h0.0000%0.0000%—+0.0100%0.0%−0.0652%+0.172%+1.854%$477.3K
BTSE8 h0.0000%0.0000%——0.0%0.0000%0.0000%+0.700%$592.5K
KuCoin8 h+0.0008%+0.0008%——0.9%−0.0193%+0.250%+0.866%$645.1K
Deepcoin8 h+0.0100%+0.0100%——11.0%+0.0792%+1.320%+1.551%$237K
WEEX8 hbest short+0.0106%+0.0106%—+0.0100%11.6%−0.0544%+0.412%+1.953%$200.7K

What SHAZ funding actually paid

Over 7 days, a SHAZ long paid +0.400% on average across exchanges (20.9% a year). The most on Deepcoin (+1.320%), the least on BTSE (0.0000%).

Over 30 days, a SHAZ long paid +1.284% on average across exchanges (16.5% a year). The most on WEEX (+1.953%), the least on Bybit (+0.588%).

SHAZ funding rate history chart

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SHAZ funding arbitrage right now

Among the exchanges that publish a 24h volume, the lowest rate now is on OKX (0.0000% per 8 h), the highest on WEEX (+0.0106%). Long on OKX and short on WEEX, price hedged: a difference of 11.6% a year before fees and before the rates move.

Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →

SHAZ perpetual futures by exchange

KuCoinSHAZ/USDT:USDT$22.8650$645.1K
BTSESHAZ/USDT:USDT$22.8600$592.5K
XTSHAZ/USDT:USDT$22.8350$477.3K
BitgetSHAZ/USDT:USDT$22.8450$244.8K
DeepcoinSHAZ/USDT:USDT$22.8550$237K
WEEXSHAZ/USDT:USDT$22.8500$200.7K
BybitSHAZ/USDT:USDT$22.8700$94.9K
OKXSHAZ/USDT:USDT$22.8900$55.1K
LBankSHAZ/USDT:USDT—
BinanceSHAZ/USDT:USDT$22.8550—
SHAZ page: spot, routes, networks

FAQ

What is the SHAZ funding rate?

A periodic payment between long and short holders of SHAZ perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from 0.0000% to 0.0106% per 8 hours across 10 exchanges.

How often is SHAZ funding paid?

Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.

Why is the SHAZ funding rate different on each exchange?

Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.

Does a high APR mean high profit?

No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.