Defender Yuval Shpungin came up through the Maccabi Tel Aviv youth system and was earmarked as the future right back for the club and for the Israel National team. Shpungin joined the first team in the 2005/06 season when Maccabi Head Coach Nir Klinger called him up to the squad. After spending most of the first season on the bench, he established himself as the team’s starting right back for the next four years, scoring one league goal in the 2006/07 season against Hakoach Amidar Ramat Gan in a 2:0 victory. Shpungin also played a pivotal role in Maccabi Tel Aviv's winning of the "Toto" (League) Cup in the 2008/09 season.

In 2009/10, Shpungin left the club to join Cypriot side Omonia Nicosia where he would spend three seasons and win the Cyprus State Cup on two occasions. In the 2013/14 campaign, Shpungin left Nicosia to join Belgian outfit Mons and played alongside Israeli Shlomi Arbeitman. After one season at Mons, Maccabi gave Shpungin the opportunity to return for a second term with the club as he signed a three-year deal to come back to his footballing roots.

Shpungin participated in 10 matches during the 2014/15 Treble winning season while playing a central role in the club’s 6:2 Israel State Cup win over Hapoel Beer Sheva. After beginning the 2015/16 season with the club, Shpungin assisted on Eran Zahavi’s game winning goal against Viktoria Plzen lifting Maccabi into the Champions League playoff round and helped the club edge out Basel to advance to the Group Stages. He made 22 appearances during the campaign.

In 2016/17 Shpungin played in 10 matches for the club and in the following season, 2017/18 the defender made 35 appearances and played in the Europa League group stages for the second straight campaign. The veteran won the Toto Cup and at the end of the season, his contract was not renewed as he left Maccabi.

The talented defender has also played for various Israeli national teams, starting with the youth sides and progressing to the senior squad, where he has made 27 appearances.