ArbiLayer

SHEIN arbitrage

live

Live SHEIN price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.27%HTX → Bitget · Perp–Perp
Best perp–perp spread+0.43%HTX → Bitget
Markets tracked55 venues · 5 perp · 0 spot · 0 DEX
Price range0.98%$4.19 – $4.23

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

SHEIN price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · SHEIN-USDT-SWAPPerpetual $4.22$4.23$4.220.00% 0.000%$249.7K
HTX logoHTXPerpetual · SHEIN-USDTPerpetual $4.18$4.21$4.19-0.74% 0.000%$172.3K
Bitget logoBitgetPerpetual · SHEINUSDTPerpetual $4.23$4.24$4.23+0.25% 0.000%$74.8K
Bybit logoBybitPerpetual · SHEINUSDTPerpetual $4.22$4.24$4.23+0.15% 0.000%$29.0K
Gate logoGatePerpetual · SHEIN_USDTPerpetual $4.20$4.24$4.22-0.11% 0.000%$482
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SHEIN arbitrage explained

Right now SHEIN trades on 5 venues we scan: 5 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on HTX perp at $4.21 and the highest bid on Bitget perp at $4.23.

The widest SHEIN perpetual spread is between HTX and Bitget: long SHEIN on HTX at $4.21 and short on Bitget at $4.23 for +0.43% gross, or +0.27% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.

Small SHEIN gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: SHEIN funding rates · SHEIN spread charts · arbitrage scanner for all coins.

Is there a SHEIN arbitrage opportunity right now?

The best SHEIN route right now is to buy on HTX → sell on Bitget (Perp–Perp): +0.43% gross and +0.27% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest SHEIN?

HTX (perp) has the lowest SHEIN ask at $4.21, and Bitget (perp) the highest bid at $4.23. Prices update every 15 seconds on this page.

How many exchanges list SHEIN?

ArbiLayer tracks 5 SHEIN markets on 5 venues: 5 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage SHEIN without transferring coins?

Use two perpetual contracts: go long SHEIN on the cheaper exchange (HTX now) and short it on the more expensive one (Bitget), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins