ArbiLayer

SHELL arbitrage

live

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

Best net spread+0.10%KuCoin → KuCoin · Spot–Perp
Best perp–perp spread+0.17%Binance → KuCoin
Markets tracked149 venues · 9 perp · 5 spot · 0 DEX
Price range0.70%$0.0237 – $0.0238

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoinspot$0.0237KuCoin logoKuCoin$0.0238 +0.30%+0.10% +0.30%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.0237OKX logoOKX$0.0238 +0.25%+0.05% +0.27%— +0.109%— LS Chart →
KuCoin logoKuCoinspot$0.0237Gate logoGate$0.0237 +0.21%+0.01% +0.22%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.0237Bybit logoBybit$0.0237 +0.17%-0.03% +0.17%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.0237Bitget logoBitget$0.0237 +0.17%-0.03% +0.17%— +0.030%— LS Chart →
Binance logoBinancespot$0.0237KuCoin logoKuCoin$0.0238 +0.17%-0.03% +0.17%— +0.030%— LS Chart →
Bitget logoBitgetspot$0.0237KuCoin logoKuCoin$0.0238 +0.17%-0.03% +0.17%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.0237KuCoin logoKuCoin$0.0238 +0.17%-0.03% +0.17%— +0.030%— LS Chart →
Binance logoBinancespot$0.0237OKX logoOKX$0.0238 +0.13%-0.07% +0.14%— +0.109%— LS Chart →
Bitget logoBitgetspot$0.0237OKX logoOKX$0.0238 +0.13%-0.07% +0.14%— +0.109%— LS Chart →
MEXC logoMEXCspot$0.0237OKX logoOKX$0.0238 +0.13%-0.07% +0.14%— +0.109%— LS Chart →
KuCoin logoKuCoinspot$0.0237Binance logoBinance$0.0237 +0.08%-0.12% +0.09%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.0237MEXC logoMEXC$0.0237 +0.08%-0.12% +0.09%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.0237Variational logoVariational$0.0237 +0.08%-0.12% +0.09%— +0.030%— LS Chart →
Binance logoBinancespot$0.0237Gate logoGate$0.0237 +0.08%-0.12% +0.09%— +0.030%— LS Chart →
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.

SHELL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · SHELL-USDT-SWAPPerpetual $0.0238$0.0238$0.0238+0.15% +0.109%$224.2K
Bitget logoBitgetPerpetual · SHELLUSDTPerpetual $0.0237$0.0238$0.0237+0.06% +0.030%$159.5K
Bybit logoBybitPerpetual · SHELLUSDTPerpetual $0.0237$0.0238$0.0237+0.08% +0.030%$158.7K
Gate logoGatePerpetual · SHELL_USDTPerpetual $0.0237$0.0238$0.0238+0.13% +0.030%$115.5K
MEXC logoMEXCPerpetual · SHELL_USDTPerpetual $0.0237$0.0237$0.0237-0.04% +0.030%$102.9K
Bitget logoBitgetSpot · SHELLUSDTSpot $0.0237$0.0237$0.0237-0.06% —$34.9K
Gate logoGateSpot · SHELL_USDTSpot $0.0237$0.0237$0.0237+0.02% —$26.8K
KuCoin logoKuCoinPerpetual · SHELLUSDTMPerpetual $0.0238$0.0239$0.0238+0.40% +0.030%$20.9K
KuCoin logoKuCoinSpot · SHELL-USDTSpot $0.0236$0.0237$0.0237-0.30% —$19.8K
Variational logoVariationalPerpetual · SHELLPerpetual $0.0237$0.0238$0.0238+0.13% +0.030%$556
Binance logoBinancePerpetual · SHELLUSDTPerpetual $0.0237$0.0237$0.0237-0.04% +0.030%—
Aster logoAsterPerpetual · SHELLUSDTPerpetual $0.0237$0.0238$0.0237-0.02% +0.030%—
Binance logoBinanceSpot · SHELLUSDTSpot $0.0237$0.0237$0.0237-0.04% ——
MEXC logoMEXCSpot · SHELLUSDTSpot $0.0237$0.0237$0.0237-0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SHELL arbitrage explained

Right now MyShell (SHELL) trades on 9 venues we scan: 9 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on KuCoin spot at $0.0237 and the highest bid on KuCoin perp at $0.0238.

The widest SHELL perpetual spread is between Binance and KuCoin: long SHELL on Binance at $0.0237 and short on KuCoin at $0.0238 for +0.17% gross, or +0.01% 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.

For a spot–perpetual (cash-and-carry) trade, the best SHELL route is to buy spot on KuCoin and short the perpetual on KuCoin: +0.30% gross, +0.10% net, with +0.030% a day of funding on the short leg.

Spot–spot SHELL arbitrage (buy on KuCoin, withdraw, deposit and sell on Gate) shows +0.13% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small SHELL 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: SHELL funding rates · SHELL spread charts · MyShell price · arbitrage scanner for all coins.

Is there a SHELL arbitrage opportunity right now?

The best SHELL route right now is to buy on KuCoin spot → sell on KuCoin (Spot–Perp): +0.30% gross and +0.10% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest SHELL?

KuCoin (spot) has the lowest SHELL ask at $0.0237, and KuCoin (perp) the highest bid at $0.0238. Prices update every 15 seconds on this page.

How many exchanges list SHELL?

ArbiLayer tracks 14 SHELL markets on 9 venues: 9 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage SHELL without transferring coins?

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

Arbitrage for other coins