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-0.11%Binance → MEXC · Spot–Spot
Best perp–perp spread+0.04%OKX → KuCoin
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.25%$0.00000555 – $0.00000557

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinancespot$0.00000556MEXC logoMEXCspot$0.00000557 +0.09%-0.11% +0.09%— 0.000%— LS Chart →
Bybit logoBybitspot$0.00000556MEXC logoMEXCspot$0.00000557 +0.09%-0.11% +0.09%— 0.000%— LS Chart →
Gate logoGatespot$0.00000556MEXC logoMEXCspot$0.00000557 +0.09%-0.11% +0.09%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.00000556MEXC logoMEXCspot$0.00000557 +0.09%-0.11% +0.09%— 0.000%— LS Chart →
OKX logoOKXspot$0.00000556MEXC logoMEXCspot$0.00000557 +0.07%-0.13% +0.07%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.00000556MEXC logoMEXCspot$0.00000557 +0.07%-0.13% +0.07%— 0.000%— LS Chart →
Binance logoBinancespot$0.00000556OKX logoOKXspot$0.00000556 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Bybit logoBybitspot$0.00000556OKX logoOKXspot$0.00000556 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$0.00000556OKX logoOKXspot$0.00000556 0.00%-0.20% 0.00%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.00000556OKX logoOKXspot$0.00000556 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.00000556OKX logoOKXspot$0.00000556 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Binance logoBinancespot$0.00000556KuCoin logoKuCoinspot$0.00000556 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Bybit logoBybitspot$0.00000556KuCoin logoKuCoinspot$0.00000556 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Gate logoGatespot$0.00000556KuCoin logoKuCoinspot$0.00000556 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
OKX logoOKXspot$0.00000556KuCoin logoKuCoinspot$0.00000556 -0.04%-0.24% -0.04%— 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.

SHIB price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · SHIB_USDTPerpetual $0.00000555$0.00000556$0.00000555-0.02% -0.081%$50.86M
OKX logoOKXPerpetual · SHIB-USDT-SWAPPerpetual $0.00000555$0.00000555$0.00000555-0.06% -0.079%$12.73M
Bybit logoBybitPerpetual · SHIB1000USDTPerpetual $0.00000555$0.00000555$0.00000555-0.03% -0.072%$7.49M
MEXC logoMEXCPerpetual · SHIB_USDTPerpetual $0.00000555$0.00000555$0.00000555-0.03% -0.084%$6.79M
Bitget logoBitgetPerpetual · SHIBUSDTPerpetual $0.00000555$0.00000555$0.00000555-0.05% -0.024%$5.89M
KuCoin logoKuCoinSpot · SHIB-USDTSpot $0.00000556$0.00000556$0.00000556+0.08% —$5.48M
OKX logoOKXSpot · SHIB-USDTSpot $0.00000556$0.00000556$0.00000556+0.10% —$3.47M
Bybit logoBybitSpot · SHIBUSDTSpot $0.00000556$0.00000556$0.00000556+0.07% —$2.50M
KuCoin logoKuCoinPerpetual · SHIBUSDTMPerpetual $0.00000555$0.00000556$0.000005560.00% +0.030%$2.26M
Hyperliquid logoHyperliquidPerpetual · KSHIBPerpetual $0.00000555$0.00000556$0.000005560.00% +0.030%$897.2K
Bitget logoBitgetSpot · SHIBUSDTSpot $0.00000556$0.00000556$0.00000556+0.08% —$534.2K
Gate logoGateSpot · SHIB_USDTSpot $0.00000556$0.00000556$0.00000556+0.07% —$483.2K
HTX logoHTXPerpetual · SHIB-USDTPerpetual $0.00000555$0.00000556$0.00000556+0.04% +0.030%$290.2K
Binance logoBinancePerpetual · 1000SHIBUSDTPerpetual $0.00000555$0.00000555$0.00000555-0.05% -0.073%—
Aster logoAsterPerpetual · 1000SHIBUSDTPerpetual $0.00000555$0.00000555$0.00000555-0.05% +0.030%—
Binance logoBinanceSpot · SHIBUSDTSpot $0.00000555$0.00000556$0.000005560.00% ——
MEXC logoMEXCSpot · SHIBUSDTSpot $0.00000557$0.00000557$0.00000557+0.19% ——
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 $0.00000555 and the highest bid on MEXC spot at $0.00000557.

The widest SHIB perpetual spread is between OKX and KuCoin: long SHIB on OKX at $0.00000555 and short on KuCoin at $0.00000555 for +0.04% gross, or -0.12% 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 +0.109% 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 Binance and short the perpetual on KuCoin: -0.11% gross, -0.31% net, with +0.030% a day of funding on the short leg.

Spot–spot SHIB arbitrage (buy on Binance, withdraw, deposit and sell on MEXC) shows +0.09% 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 Binance spot → sell on MEXC spot (Spot–Spot): +0.09% gross and -0.11% 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 $0.00000555, and MEXC (spot) the highest bid at $0.00000557. 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 (OKX 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

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