ArbiLayer

SHELL arbitrage

live

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

Best net spread+0.06%Bitget → Gate · Spot–Perp
Best perp–perp spread+0.21%Binance → Gate
Markets tracked149 venues · 9 perp · 5 spot · 0 DEX
Price range0.49%$0.0234 – $0.0235

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bitget logoBitgetspot$0.0234Binance logoBinancespot$0.0234 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.0234MEXC logoMEXCspot$0.0234 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Binance logoBinancespot$0.0234MEXC logoMEXCspot$0.0234 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0234Binance logoBinancespot$0.0234 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0234Binance logoBinancespot$0.0234 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0234MEXC logoMEXCspot$0.0234 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.0234Gate logoGatespot$0.0234 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
Binance logoBinancespot$0.0234Gate logoGatespot$0.0234 -0.13%-0.33% -0.13%— 0.000%— LS Chart →
Binance logoBinancespot$0.0234Bitget logoBitgetspot$0.0234 -0.13%-0.33% -0.13%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0234Gate logoGatespot$0.0234 -0.13%-0.33% -0.13%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0234Bitget logoBitgetspot$0.0234 -0.13%-0.33% -0.13%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0234Gate logoGatespot$0.0234 -0.13%-0.33% -0.13%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0234Bitget logoBitgetspot$0.0234 -0.13%-0.33% -0.13%— 0.000%— LS Chart →
Gate logoGatespot$0.0234Binance logoBinancespot$0.0234 -0.17%-0.37% -0.17%— 0.000%— LS Chart →
Gate logoGatespot$0.0234MEXC logoMEXCspot$0.0234 -0.17%-0.37% -0.17%— 0.000%— 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 $0.0234$0.0235$0.0234+0.15% +0.062%$191.5K
Bybit logoBybitPerpetual · SHELLUSDTPerpetual $0.0234$0.0234$0.0234+0.09% +0.030%$147.8K
Gate logoGatePerpetual · SHELL_USDTPerpetual $0.0235$0.0235$0.0235+0.28% +0.030%$137.5K
Bitget logoBitgetPerpetual · SHELLUSDTPerpetual $0.0234$0.0235$0.0234+0.13% +0.030%$130.8K
MEXC logoMEXCPerpetual · SHELL_USDTPerpetual $0.0234$0.0234$0.02340.00% +0.030%$97.4K
Bitget logoBitgetSpot · SHELLUSDTSpot $0.0234$0.0234$0.0234-0.06% —$32.7K
KuCoin logoKuCoinSpot · SHELL-USDTSpot $0.0234$0.0234$0.0234-0.09% —$22.9K
KuCoin logoKuCoinPerpetual · SHELLUSDTMPerpetual $0.0234$0.0236$0.0235+0.41% +0.030%$20.5K
Gate logoGateSpot · SHELL_USDTSpot $0.0234$0.0234$0.02340.00% —$19.3K
Variational logoVariationalPerpetual · SHELLPerpetual $0.0234$0.0235$0.0234+0.13% +0.030%$456
Binance logoBinancePerpetual · SHELLUSDTPerpetual $0.0234$0.0234$0.02340.00% +0.030%—
Aster logoAsterPerpetual · SHELLUSDTPerpetual $0.0234$0.0234$0.0234-0.00% +0.030%—
Binance logoBinanceSpot · SHELLUSDTSpot $0.0234$0.0234$0.0234-0.02% ——
MEXC logoMEXCSpot · SHELLUSDTSpot $0.0234$0.0234$0.0234-0.02% ——
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 Bitget spot at $0.0234 and the highest bid on Gate perp at $0.0235.

The widest SHELL perpetual spread is between Binance and Gate: long SHELL on Binance at $0.0234 and short on Gate at $0.0235 for +0.21% gross, or +0.05% 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 Bitget and short the perpetual on Gate: +0.26% gross, +0.06% net, with +0.030% a day of funding on the short leg.

Spot–spot SHELL arbitrage (buy on Bitget, withdraw, deposit and sell on Binance) shows -0.04% 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 Bitget spot → sell on Gate (Spot–Perp): +0.26% gross and +0.06% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest SHELL?

Bitget (spot) has the lowest SHELL ask at $0.0234, and Gate (perp) the highest bid at $0.0235. 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 (Gate), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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