ArbiLayer

SHOP arbitrage

live

Live Shopify • Robinhood Token price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.14%Binance → Bybit · Perp–Perp
Best perp–perp spread+0.02%Binance → Bybit
Markets tracked77 venues · 7 perp · 0 spot · 0 DEX
Price range0.14%$165.89 – $166.12

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinance$166.00Bybit logoBybit$166.04 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Bitget logoBitget$166.04Bybit logoBybit$166.04 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Variational logoVariational$166.05Bybit logoBybit$166.04 -0.01%-0.17% -0.01%— 0.000%— LS Chart →
Gate logoGate$166.07Bybit logoBybit$166.04 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
Binance logoBinance$166.00Bitget logoBitget$165.97 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
Binance logoBinance$166.00Gate logoGate$165.95 -0.03%-0.19% -0.03%— 0.000%— LS Chart →
Variational logoVariational$166.05Bitget logoBitget$165.97 -0.05%-0.21% -0.05%— 0.000%— LS Chart →
Bitget logoBitget$166.04Gate logoGate$165.95 -0.05%-0.21% -0.05%— 0.000%— LS Chart →
Gate logoGate$166.07Bitget logoBitget$165.97 -0.06%-0.22% -0.06%— 0.000%— LS Chart →
Binance logoBinance$166.00OKX logoOKX$165.90 -0.06%-0.22% -0.06%— 0.000%— LS Chart →
Variational logoVariational$166.05Gate logoGate$165.95 -0.06%-0.22% -0.06%— 0.000%— LS Chart →
Bitget logoBitget$166.04Binance logoBinance$165.93 -0.07%-0.23% -0.07%— 0.000%— LS Chart →
Variational logoVariational$166.05Binance logoBinance$165.93 -0.07%-0.23% -0.07%— 0.000%— LS Chart →
Gate logoGate$166.07Binance logoBinance$165.93 -0.08%-0.24% -0.08%— 0.000%— LS Chart →
Bitget logoBitget$166.04OKX logoOKX$165.90 -0.08%-0.24% -0.08%— 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.

SHOP price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
HTX logoHTXPerpetual · SHOP-USDTPerpetual $165.41$166.55$165.98-0.02% +0.030%$154.4K
Bitget logoBitgetPerpetual · SHOPUSDTPerpetual $165.97$166.04$166.010.00% 0.000%$92.3K
OKX logoOKXPerpetual · SHOP-USDT-SWAPPerpetual $165.90$166.21$166.06+0.03% 0.000%$52.4K
Bybit logoBybitPerpetual · SHOPUSDTPerpetual $166.04$166.20$166.12+0.07% 0.000%$31.6K
Variational logoVariationalPerpetual · SHOPPerpetual $165.73$166.05$165.89-0.07% 0.000%$23.0K
Gate logoGatePerpetual · SHOP_USDTPerpetual $165.95$166.07$166.01+0.00% 0.000%$12.1K
Binance logoBinancePerpetual · SHOPUSDTPerpetual $165.93$166.00$165.97-0.02% 0.000%—
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SHOP arbitrage explained

Right now Shopify • Robinhood Token (SHOP) trades on 7 venues we scan: 7 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on Binance perp at $166.00 and the highest bid on Bybit perp at $166.04.

The widest SHOP perpetual spread is between Binance and Bybit: long SHOP on Binance at $166.00 and short on Bybit at $166.04 for +0.02% gross, or -0.14% 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 SHOP 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: SHOP funding rates · SHOP spread charts · Shopify • Robinhood Token price · arbitrage scanner for all coins.

Is there a SHOP arbitrage opportunity right now?

The best SHOP route right now is to buy on Binance → sell on Bybit (Perp–Perp): +0.02% gross and -0.14% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest SHOP?

Binance (perp) has the lowest SHOP ask at $166.00, and Bybit (perp) the highest bid at $166.04. Prices update every 15 seconds on this page.

How many exchanges list SHOP?

ArbiLayer tracks 7 SHOP markets on 7 venues: 7 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage SHOP without transferring coins?

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

Arbitrage for other coins

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