ArbiLayer

SHIB arbitrage

live

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

Best net spread-0.01%MEXC → HTX · Perp–Perp
Best perp–perp spread+0.15%MEXC → HTX
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.18%$0.00000544 – $0.00000545

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
MEXC logoMEXC$0.00000544HTX logoHTX$0.00000545 +0.15%-0.01% +0.15%— +0.014%— LS Chart →
OKX logoOKX$0.00000544HTX logoHTX$0.00000545 +0.15%-0.01% +0.15%— +0.013%— LS Chart →
Bybit logoBybit$0.00000544HTX logoHTX$0.00000545 +0.13%-0.03% +0.14%— +0.044%— LS Chart →
Binance logoBinance$0.00000544HTX logoHTX$0.00000545 +0.11%-0.05% +0.13%— +0.051%— LS Chart →
Bitget logoBitget$0.00000544HTX logoHTX$0.00000545 +0.11%-0.05% +0.11%— 0.000%— LS Chart →
Gate logoGate$0.00000544HTX logoHTX$0.00000545 +0.11%-0.05% +0.12%— +0.029%— LS Chart →
KuCoin logoKuCoin$0.00000544HTX logoHTX$0.00000545 +0.11%-0.05% +0.11%— 0.000%— LS Chart →
Aster logoAster$0.00000545HTX logoHTX$0.00000545 +0.09%-0.07% +0.09%— 0.000%— LS Chart →
Hyperliquid logoHyperliquid$0.00000545HTX logoHTX$0.00000545 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
MEXC logoMEXC$0.00000544Binance logoBinance$0.00000544 +0.02%-0.14% +0.01%— -0.036%— LS Chart →
MEXC logoMEXC$0.00000544Bitget logoBitget$0.00000544 +0.02%-0.14% +0.02%— +0.014%— LS Chart →
MEXC logoMEXC$0.00000544Gate logoGate$0.00000544 +0.02%-0.14% +0.01%— -0.015%— LS Chart →
MEXC logoMEXC$0.00000544KuCoin logoKuCoin$0.00000544 +0.02%-0.14% +0.02%— +0.014%— LS Chart →
MEXC logoMEXC$0.00000544Hyperliquid logoHyperliquid$0.00000544 +0.02%-0.14% +0.01%— +0.014%— LS Chart →
OKX logoOKX$0.00000544Binance logoBinance$0.00000544 +0.02%-0.14% +0.01%— -0.038%— 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.

SHIB price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · SHIB_USDTPerpetual $0.00000544$0.00000544$0.00000544-0.03% +0.001%$44.41M
OKX logoOKXPerpetual · SHIB-USDT-SWAPPerpetual $0.00000544$0.00000544$0.00000544-0.06% +0.017%$11.63M
MEXC logoMEXCPerpetual · SHIB_USDTPerpetual $0.00000544$0.00000544$0.00000544-0.06% +0.016%$9.53M
Bybit logoBybitPerpetual · SHIB1000USDTPerpetual $0.00000544$0.00000544$0.00000544-0.05% -0.014%$7.34M
KuCoin logoKuCoinSpot · SHIB-USDTSpot $0.00000545$0.00000545$0.00000545+0.04% —$5.14M
Bitget logoBitgetPerpetual · SHIBUSDTPerpetual $0.00000544$0.00000544$0.00000544-0.03% +0.030%$4.24M
OKX logoOKXSpot · SHIB-USDTSpot $0.00000545$0.00000545$0.00000545+0.02% —$3.49M
Bybit logoBybitSpot · SHIBUSDTSpot $0.00000545$0.00000545$0.00000545+0.03% —$2.90M
KuCoin logoKuCoinPerpetual · SHIBUSDTMPerpetual $0.00000544$0.00000544$0.00000544-0.03% +0.030%$1.30M
Gate logoGateSpot · SHIB_USDTSpot $0.00000545$0.00000545$0.00000545+0.02% —$623.3K
Hyperliquid logoHyperliquidPerpetual · KSHIBPerpetual $0.00000544$0.00000545$0.000005440.00% +0.030%$603.0K
Bitget logoBitgetSpot · SHIBUSDTSpot $0.00000545$0.00000545$0.00000545+0.03% —$400.8K
HTX logoHTXPerpetual · SHIB-USDTPerpetual $0.00000545$0.00000545$0.00000545+0.12% +0.030%$247.4K
Binance logoBinancePerpetual · 1000SHIBUSDTPerpetual $0.00000544$0.00000544$0.00000544-0.03% -0.021%—
Aster logoAsterPerpetual · 1000SHIBUSDTPerpetual $0.00000544$0.00000545$0.00000544-0.03% +0.030%—
Binance logoBinanceSpot · SHIBUSDTSpot $0.00000544$0.00000545$0.000005440.00% ——
MEXC logoMEXCSpot · SHIBUSDTSpot $0.00000545$0.00000545$0.00000545+0.05% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SHIB arbitrage explained

Right now Shiba Inu (SHIB) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $0.00000544 and the highest bid on HTX perp at $0.00000545.

The widest SHIB perpetual spread is between MEXC and HTX: long SHIB on MEXC at $0.00000544 and short on HTX at $0.00000545 for +0.15% 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 +0.014% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best SHIB route is to buy spot on Bybit and short the perpetual on HTX: +0.06% gross, -0.14% net, with +0.030% a day of funding on the short leg.

Spot–spot SHIB arbitrage (buy on Bybit, withdraw, deposit and sell on MEXC) shows -0.02% 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 SHIB 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: SHIB funding rates · SHIB spread charts · Shiba Inu price · arbitrage scanner for all coins.

Is there a SHIB arbitrage opportunity right now?

The best SHIB route right now is to buy on MEXC → sell on HTX (Perp–Perp): +0.15% gross and -0.01% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest SHIB?

OKX (perp) has the lowest SHIB ask at $0.00000544, and HTX (perp) the highest bid at $0.00000545. Prices update every 15 seconds on this page.

How many exchanges list SHIB?

ArbiLayer tracks 17 SHIB markets on 10 venues: 10 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage SHIB without transferring coins?

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

Arbitrage for other coins

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