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SHELL perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-11-04 07:43 UTC

SHELL is quoted on 6 contracts. The highest funding rate is on Aster at +10.95% annualised, quoted per 4h, and the lowest is on OKX at +10.95% — a gap of 0.00 points. Every contract here quotes its rate per 4h.

Highest rate now
+10.95%
Aster · 4h
Lowest rate now
+10.95%
OKX · 4h
Spread
0.00
points
Highest 30d realised APR
+14.76%
OKX

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
AsterOn-chainSHELLUSDT +0.0050%4h +10.95% —
no history yet
5x 23
BinanceCentralisedSHELLUSDT +0.0050%4h +10.95% +10.71%
Annualised · +10.71% · range -18.5% … +11.0% · 148 settlements
10x 1.1M
BitgetCentralisedSHELLUSDT +0.0050%4h +10.95% —
no history yet
10x 94.0K
BybitCentralisedSHELLUSDT +0.0050%4h +10.95% +13.38%
Annualised · +13.38% · range +11.0% … +116.0% · 151 settlements
13x 183.9K
GateCentralisedSHELL_USDT +0.0050%4h +10.95% —
no history yet
10x 22.8K
OKXCentralisedSHELL-USDT-SWAP +0.0050%4h +10.95% +14.76%
Annualised · +14.76% · range +11.0% … +135.7% · 149 settlements
10x 577.3K

Common questions

Which exchanges list SHELL perpetual futures?

SHELL trades as 6 perpetual contracts across 6 venues: Aster, Binance, Bitget, Bybit, Gate and OKX. The busiest is Binance, with $1.1M of 24h turnover — 56% of the total.

Where is SHELL funding cheapest right now?

For a long, the most favourable collected rate is +10.95% annualised on OKX; for a short, it is +10.95% on Aster — a gap of 0.00 points. Every venue collected has longs paying right now.

How much funding does a 10,000 USDT SHELL position pay per day?

At current rates a 10,000 USDT long pays about +3.00 USDT a day on Aster and +3.00 USDT on OKX. Over the past 30 days OKX actually settled an average of +4.05 USDT a day on the same position.

How often does SHELL funding settle?

Every venue collected here settles SHELL funding every 4h, 6 times a day.

What has SHELL funding actually paid over the past 30 days?

The highest realised figure was on OKX: +14.76% annualised across 149 settlements, 0% of them negative. The lowest was Binance, at +10.71%. 3 of the 6 contracts have at least a week of settled history to measure.

What is the highest leverage available on SHELL?

The highest collected cap is 13x, on Bybit. On Bybit it applies up to 15K USDT of notional; above that the cap drops to 10x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

SHELL comparison scope and payment direction

This page retains low-turnover SHELL 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. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Aster · SHELLUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 500000 quote 10.0000% 5.00x —
2 500000 – 1000000 quote 12.5000% 4.00x 12500
3 1000000 – 2500000 quote 16.6700% 3.00x 54200
4 2500000 – 5000000 quote 25.0000% 2.00x 262450
5 5000000 – 1000000000 quote 50.0000% 1.00x 1512450

Binance · SHELLUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 10000 quote 5.0000% 10.00x —
2 10000 – 60000 quote 10.0000% 5.00x 500
3 60000 – 70000 quote 12.5000% 4.00x 2000
4 70000 – 250000 quote 16.6700% 3.00x 4919
5 250000 – 2500000 quote 25.0000% 2.00x 25744
6 2500000 – 5000000 quote 50.0000% 1.00x 650744

Bitget · SHELLUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 5.0000% 10.00x —
2 5000 – 10000 quote 7.0000% 8.00x —
3 10000 – 20000 quote 8.0000% 7.00x —
4 20000 – 50000 quote 9.0000% 6.00x —
5 50000 – 100000 quote 10.0000% 5.00x —
6 100000 – 200000 quote 12.5000% 4.00x —
7 200000 – 1500000 quote 30.0000% 2.00x —
8 1500000 – ∞ quote 60.0000% 1.00x —

Bybit · SHELLUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 15000 quote 4.0000% 12.50x —
2 15000 – 25000 quote 5.0000% 10.00x 150
3 25000 – 37500 quote 6.0000% 8.33x 400
4 37500 – 50000 quote 7.0000% 7.14x 775
5 50000 – 62500 quote 8.0000% 6.25x 1275
6 62500 – 75000 quote 9.0000% 5.56x 1900
7 75000 – 87500 quote 10.0000% 5.00x 2650
8 87500 – 100000 quote 11.0000% 4.55x 3525
9 100000 – 112500 quote 12.0000% 4.17x 4525
10 112500 – 125000 quote 13.0000% 3.85x 5650
11 125000 – 137500 quote 14.0000% 3.57x 6900
12 137500 – 150000 quote 15.0000% 3.33x 8275
13 150000 – 162500 quote 16.0000% 3.13x 9775
14 162500 – 175000 quote 17.0000% 2.94x 11400
15 175000 – 187500 quote 18.0000% 2.78x 13150
16 187500 – 425000 quote 20.0000% 2.50x 16900
17 425000 – 475000 quote 22.0000% 2.27x 25400
18 475000 – 525000 quote 24.0000% 2.08x 34900
19 525000 – 575000 quote 26.0000% 1.92x 45400
20 575000 – 625000 quote 28.0000% 1.79x 56900
21 625000 – 675000 quote 30.0000% 1.67x 69400
22 675000 – 725000 quote 32.0000% 1.56x 82900
23 725000 – 775000 quote 34.0000% 1.47x 97400
24 775000 – 825000 quote 36.0000% 1.39x 112900
25 825000 – 875000 quote 38.0000% 1.32x 129400
26 875000 – 925000 quote 40.0000% 1.25x 146900
27 925000 – 975000 quote 42.0000% 1.19x 165400
28 975000 – 1025000 quote 44.0000% 1.14x 184900
29 1025000 – 1075000 quote 46.0000% 1.09x 205400
30 1075000 – ∞ quote 60.0000% 1.00x 355900

Gate · SHELL_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 8.0000% 10.00x —
2 5000 – 10000 quote 9.0000% 9.00x 50
3 10000 – 20000 quote 10.0000% 8.00x 150
4 20000 – 30000 quote 12.0000% 7.00x 550
5 30000 – 50000 quote 14.0000% 6.00x 1150
6 50000 – 70000 quote 17.0000% 5.00x 2650
7 70000 – 100000 quote 22.0000% 4.00x 6150
8 100000 – 200000 quote 30.0000% 3.00x 14150
9 200000 – 300000 quote 45.0000% 2.00x 44150
10 300000 – 500000 quote 50.0000% 1.80x 59150
11 500000 – 700000 quote 60.0000% 1.50x 109150
12 700000 – 1000000 quote 70.0000% 1.33x 179150
13 1000000 – 1500000 quote 78.0000% 1.20x 259150
14 1500000 – ∞ quote 90.0000% 1.05x 439150

OKX · SHELL-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 220000 base 5.0000% 10.00x —
2 220010 – 320000 base 5.5000% 9.52x —
3 320010 – 420000 base 6.0000% 9.09x —
4 420010 – 520000 base 6.5000% 8.69x —
5 520010 – 620000 base 7.0000% 8.33x —
6 620010 – 720000 base 7.5000% 8.00x —
7 720010 – 820000 base 8.0000% 7.69x —
8 820010 – 920000 base 8.5000% 7.40x —
9 920010 – 1020000 base 9.0000% 7.14x —
10 1020010 – 1120000 base 9.5000% 6.89x —
11 1120010 – 1220000 base 10.0000% 6.66x —
12 1220010 – 1320000 base 10.5000% 6.45x —
13 1320010 – 1420000 base 11.0000% 6.25x —
14 1420010 – 1520000 base 11.5000% 6.06x —
15 1520010 – 1620000 base 12.0000% 5.88x —
16 1620010 – 1720000 base 12.5000% 5.71x —
17 1720010 – 1820000 base 13.0000% 5.55x —
18 1820010 – 1920000 base 13.5000% 5.40x —
19 1920010 – 2020000 base 14.0000% 5.26x —
20 2020010 – 2120000 base 14.5000% 5.12x —
21 2120010 – 2220000 base 15.0000% 5.00x —
22 2220010 – 2320000 base 15.5000% 4.87x —
23 2320010 – 2420000 base 16.0000% 4.76x —
24 2420010 – 2520000 base 16.5000% 4.65x —
25 2520010 – 2620000 base 17.0000% 4.54x —
26 2620010 – 2720000 base 17.5000% 4.44x —
27 2720010 – 2820000 base 18.0000% 4.34x —
28 2820010 – 2920000 base 18.5000% 4.25x —
29 2920010 – 3020000 base 19.0000% 4.16x —
30 3020010 – 3120000 base 19.5000% 4.08x —
31 3120010 – 3220000 base 20.0000% 4.00x —
32 3220010 – 3320000 base 20.5000% 3.92x —
33 3320010 – 3420000 base 21.0000% 3.84x —
34 3420010 – 3520000 base 21.5000% 3.77x —
35 3520010 – 3620000 base 22.0000% 3.70x —
36 3620010 – 3720000 base 22.5000% 3.63x —
37 3720010 – 3820000 base 23.0000% 3.57x —
38 3820010 – 3920000 base 23.5000% 3.50x —
39 3920010 – 4020000 base 24.0000% 3.44x —
40 4020010 – 4120000 base 24.5000% 3.38x —
41 4120010 – 4220000 base 25.0000% 3.33x —
42 4220010 – 4320000 base 25.5000% 3.27x —
43 4320010 – 4420000 base 26.0000% 3.22x —
44 4420010 – 4520000 base 26.5000% 3.17x —
45 4520010 – 4620000 base 27.0000% 3.12x —
46 4620010 – 4720000 base 27.5000% 3.07x —
47 4720010 – 4820000 base 28.0000% 3.03x —
48 4820010 – 4920000 base 28.5000% 2.98x —
49 4920010 – 5020000 base 29.0000% 2.94x —
50 5020010 – 5120000 base 29.5000% 2.89x —
51 5120010 – 5220000 base 30.0000% 2.85x —
52 5220010 – 5320000 base 30.5000% 2.81x —
53 5320010 – 5420000 base 31.0000% 2.77x —
54 5420010 – 5520000 base 31.5000% 2.73x —
55 5520010 – 5620000 base 32.0000% 2.70x —
56 5620010 – 5720000 base 32.5000% 2.66x —
57 5720010 – 5820000 base 33.0000% 2.63x —
58 5820010 – 5920000 base 33.5000% 2.59x —
59 5920010 – 6020000 base 34.0000% 2.56x —
60 6020010 – 6120000 base 34.5000% 2.53x —
61 6120010 – 6220000 base 35.0000% 2.50x —
62 6220010 – 6320000 base 35.5000% 2.46x —
63 6320010 – 6420000 base 36.0000% 2.43x —
64 6420010 – 6520000 base 36.5000% 2.40x —
65 6520010 – 6620000 base 37.0000% 2.38x —
66 6620010 – 6720000 base 37.5000% 2.35x —
67 6720010 – 6820000 base 38.0000% 2.32x —
68 6820010 – 6920000 base 38.5000% 2.29x —
69 6920010 – 7020000 base 39.0000% 2.27x —
70 7020010 – 7120000 base 39.5000% 2.24x —
71 7120010 – 7220000 base 40.0000% 2.22x —
72 7220010 – 7320000 base 40.5000% 2.19x —
73 7320010 – 7420000 base 41.0000% 2.17x —
74 7420010 – 7520000 base 41.5000% 2.15x —
75 7520010 – 7620000 base 42.0000% 2.12x —
76 7620010 – 7720000 base 42.5000% 2.10x —
77 7720010 – 7820000 base 43.0000% 2.08x —
78 7820010 – 7920000 base 43.5000% 2.06x —
79 7920010 – 8020000 base 44.0000% 2.04x —
80 8020010 – 8120000 base 44.5000% 2.02x —
81 8120010 – 8220000 base 45.0000% 2.00x —