SHEIN perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-09-09 13:54 UTC

SHEIN is quoted on 5 contracts. The highest funding rate is on Lighter at +3.50% annualised over a 8h rate period, and the lowest is on OKX at 0.00% — a gap of 3.50 points. Rate periods differ by venue, so rates are normalised to simple annualised values. Payment direction depends on whether the position is long or short.

Highest rate now

+3.50%

Lighter · 8h

Lowest rate now

0.00%

OKX · 8h

Spread

3.50

points

By venue

Venue	Rate	Annualised	30d realised APR	Max leverage	24h turnover	Actions
LighterOn-chainSHEIN	+0.0032%8h	+3.50%	— no history yet	5x	1.0M	Liquidation → Trade →
BitgetCentralisedSHEINUSDT	0.0000%8h	0.00%	— no history yet	20x	650.0K	Liquidation → Trade →
BybitCentralisedSHEINUSDT	0.0000%8h	0.00%	— no history yet	25x	216.3K	Liquidation → Trade →
GateCentralisedSHEIN_USDT	0.0000%8h	0.00%	— no history yet	50x	4.9K	Liquidation → Trade →
OKXCentralisedSHEIN-USDT-SWAP	0.0000%8h	0.00%	— no history yet	20x	130.0K	Liquidation → Trade →

SHEIN comparison scope and payment direction

This page retains low-turnover SHEIN contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. Contracts can use different quote currencies, settlement currencies and multipliers; check their specifications before comparing. Annualisation method · Official sources.

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Margin ladders

Lighter · SHEIN No deduction

Tier	Range	Maintenance rate	Max leverage	Deduction
1	0 – ∞ quote	12.0000%	5.00x	—

Bitget · SHEINUSDT No deduction

Tier	Range	Maintenance rate	Max leverage	Deduction
1	0 – 100000 quote	2.5000%	20.00x	—
2	100000 – 500000 quote	4.0000%	15.00x	—
3	500000 – 2000000 quote	5.0000%	10.00x	—
4	2000000 – 5000000 quote	10.0000%	5.00x	—
5	5000000 – 10000000 quote	12.5000%	4.00x	—
6	10000000 – 25000000 quote	30.0000%	2.00x	—
7	25000000 – ∞ quote	60.0000%	1.00x	—

Bybit · SHEINUSDT With deduction

Tier	Range	Maintenance rate	Max leverage	Deduction
1	0 – 50000 quote	2.0000%	25.00x	—
2	50000 – 60000 quote	2.0800%	24.00x	40
3	60000 – 75000 quote	2.1700%	23.00x	94
4	75000 – 97500 quote	2.2700%	22.00x	169
5	97500 – 105000 quote	2.3800%	21.00x	276.25
6	105000 – 112500 quote	2.5000%	20.00x	402.25
7	112500 – 150000 quote	2.6300%	19.00x	548.5
8	150000 – 225000 quote	2.7800%	18.00x	773.5
9	225000 – 300000 quote	2.9400%	17.00x	1133.5
10	300000 – 375000 quote	3.1300%	16.00x	1703.5
11	375000 – 450000 quote	3.3300%	15.00x	2453.5
12	450000 – 675000 quote	3.5700%	14.00x	3533.5
13	675000 – 900000 quote	3.8500%	13.00x	5423.5
14	900000 – 1200000 quote	4.1700%	12.00x	8303.5
15	1200000 – 1500000 quote	4.5500%	11.00x	12863.5
16	1500000 – 2500000 quote	5.0000%	10.00x	19613.5
17	2500000 – 3000000 quote	5.5600%	9.00x	33613.5
18	3000000 – 3500000 quote	6.2500%	8.00x	54313.5
19	3500000 – 4000000 quote	7.1400%	7.00x	85463.5
20	4000000 – 4500000 quote	8.3300%	6.00x	133063.5
21	4500000 – 5000000 quote	10.0000%	5.00x	208213.5
22	5000000 – 8750000 quote	11.1100%	4.50x	263713.5
23	8750000 – 12500000 quote	12.5000%	4.00x	385338.5
24	12500000 – 15625000 quote	14.2900%	3.50x	609088.5
25	15625000 – 18750000 quote	16.6700%	3.00x	980963.5
26	18750000 – 25000000 quote	20.0000%	2.50x	1605338.5
27	25000000 – 37500000 quote	25.0000%	2.00x	2855338.5
28	37500000 – 50000000 quote	28.5700%	1.75x	4194088.5
29	50000000 – 65000000 quote	33.3300%	1.50x	6574088.5
30	65000000 – ∞ quote	50.0000%	1.00x	17409588.5

Gate · SHEIN_USDT With deduction

Tier	Range	Maintenance rate	Max leverage	Deduction
1	0 – 5000 quote	1.0000%	50.00x	—
2	5000 – 10000 quote	1.5000%	40.00x	25
3	10000 – 20000 quote	2.5000%	25.00x	125
4	20000 – 50000 quote	3.5000%	20.00x	325
5	50000 – 100000 quote	4.5000%	16.00x	825
6	100000 – 150000 quote	6.5000%	12.00x	2825
7	150000 – 200000 quote	8.0000%	10.00x	5075
8	200000 – 500000 quote	10.0000%	8.00x	9075
9	500000 – 700000 quote	12.0000%	6.60x	19075
10	700000 – 1000000 quote	15.0000%	5.00x	40075
11	1000000 – 1500000 quote	20.0000%	4.00x	90075
12	1500000 – 2000000 quote	28.0000%	3.00x	210075
13	2000000 – 2500000 quote	35.0000%	2.50x	350075
14	2500000 – 3000000 quote	45.0000%	2.00x	600075
15	3000000 – 4000000 quote	60.0000%	1.50x	1050075
16	4000000 – 5000000 quote	78.0000%	1.20x	1770075
17	5000000 – ∞ quote	90.0000%	1.05x	2370075

OKX · SHEIN-USDT-SWAP No deduction

Tier	Range	Maintenance rate	Max leverage	Deduction
1	0 – 4000 base	2.0000%	20.00x	—
2	4001 – 8000 base	3.0000%	15.00x	—
3	8001 – 12000 base	4.0000%	12.50x	—
4	12001 – 16000 base	4.5000%	11.76x	—
5	16001 – 20000 base	5.0000%	11.11x	—
6	20001 – 24000 base	5.5000%	10.52x	—
7	24001 – 28000 base	6.0000%	10.00x	—
8	28001 – 32000 base	6.5000%	9.52x	—
9	32001 – 36000 base	7.0000%	9.09x	—
10	36001 – 40000 base	7.5000%	8.69x	—
11	40001 – 44000 base	8.0000%	8.33x	—
12	44001 – 48000 base	8.5000%	8.00x	—
13	48001 – 52000 base	9.0000%	7.69x	—
14	52001 – 56000 base	9.5000%	7.40x	—
15	56001 – 60000 base	10.0000%	7.14x	—
16	60001 – 64000 base	10.5000%	6.89x	—
17	64001 – 68000 base	11.0000%	6.66x	—
18	68001 – 72000 base	11.5000%	6.45x	—
19	72001 – 76000 base	12.0000%	6.25x	—
20	76001 – 80000 base	12.5000%	6.06x	—
21	80001 – 84000 base	13.0000%	5.88x	—
22	84001 – 88000 base	13.5000%	5.71x	—
23	88001 – 92000 base	14.0000%	5.55x	—
24	92001 – 96000 base	14.5000%	5.40x	—
25	96001 – 100000 base	15.0000%	5.26x	—
26	100001 – 104000 base	15.5000%	5.12x	—
27	104001 – 108000 base	16.0000%	5.00x	—
28	108001 – 112000 base	16.5000%	4.87x	—
29	112001 – 116000 base	17.0000%	4.76x	—
30	116001 – 120000 base	17.5000%	4.65x	—
31	120001 – 124000 base	18.0000%	4.54x	—
32	124001 – 128000 base	18.5000%	4.44x	—
33	128001 – 132000 base	19.0000%	4.34x	—
34	132001 – 136000 base	19.5000%	4.25x	—
35	136001 – 140000 base	20.0000%	4.16x	—
36	140001 – 144000 base	20.5000%	4.08x	—
37	144001 – 148000 base	21.0000%	4.00x	—
38	148001 – 152000 base	21.5000%	3.92x	—
39	152001 – 156000 base	22.0000%	3.84x	—
40	156001 – 160000 base	22.5000%	3.77x	—
41	160001 – 164000 base	23.0000%	3.70x	—
42	164001 – 168000 base	23.5000%	3.63x	—
43	168001 – 172000 base	24.0000%	3.57x	—
44	172001 – 176000 base	24.5000%	3.50x	—
45	176001 – 180000 base	25.0000%	3.44x	—
46	180001 – 184000 base	25.5000%	3.38x	—
47	184001 – 188000 base	26.0000%	3.33x	—
48	188001 – 192000 base	26.5000%	3.27x	—
49	192001 – 196000 base	27.0000%	3.22x	—
50	196001 – 200000 base	27.5000%	3.17x	—
51	200001 – 204000 base	28.0000%	3.12x	—
52	204001 – 208000 base	28.5000%	3.07x	—
53	208001 – 212000 base	29.0000%	3.03x	—
54	212001 – 216000 base	29.5000%	2.98x	—
55	216001 – 220000 base	30.0000%	2.94x	—
56	220001 – 224000 base	30.5000%	2.89x	—
57	224001 – 228000 base	31.0000%	2.85x	—
58	228001 – 232000 base	31.5000%	2.81x	—
59	232001 – 236000 base	32.0000%	2.77x	—
60	236001 – 240000 base	32.5000%	2.73x	—
61	240001 – 244000 base	33.0000%	2.70x	—
62	244001 – 248000 base	33.5000%	2.66x	—
63	248001 – 252000 base	34.0000%	2.63x	—
64	252001 – 256000 base	34.5000%	2.59x	—
65	256001 – 260000 base	35.0000%	2.56x	—
66	260001 – 264000 base	35.5000%	2.53x	—
67	264001 – 268000 base	36.0000%	2.50x	—
68	268001 – 272000 base	36.5000%	2.46x	—
69	272001 – 276000 base	37.0000%	2.43x	—
70	276001 – 280000 base	37.5000%	2.40x	—
71	280001 – 284000 base	38.0000%	2.38x	—
72	284001 – 288000 base	38.5000%	2.35x	—
73	288001 – 292000 base	39.0000%	2.32x	—
74	292001 – 296000 base	39.5000%	2.29x	—
75	296001 – 300000 base	40.0000%	2.27x	—
76	300001 – 304000 base	40.5000%	2.24x	—
77	304001 – 308000 base	41.0000%	2.22x	—
78	308001 – 312000 base	41.5000%	2.19x	—
79	312001 – 316000 base	42.0000%	2.17x	—
80	316001 – 320000 base	42.5000%	2.15x	—
81	320001 – 324000 base	43.0000%	2.12x	—
82	324001 – 328000 base	43.5000%	2.10x	—
83	328001 – 332000 base	44.0000%	2.08x	—
84	332001 – 336000 base	44.5000%	2.06x	—
85	336001 – 340000 base	45.0000%	2.04x	—
86	340001 – 344000 base	45.5000%	2.02x	—
87	344001 – 348000 base	46.0000%	2.00x	—

SHSHEIN perpetuals