Shiba Inu spreads and order-book depth

Gemini has the tightest measured spread on Shiba Inu right now, at <$0.01 per SHIB (3.76 bps) on SHIB/USD, sampled 1 hour ago. RampAtlas reads 4 venues' public order books for SHIB every two hours and reports the spread, the resting depth within 1% of the mid, and what a market buy of $500, $5,000 or $50,000 would pay above the mid.

Verified How we verify

Where SHIB trades tightest

ExchangePairSpread24h medianBid depth 1%Ask depth 1%$500 buy$5,000 buy$50,000 buySampled
GeminiSHIB/USD<$0.013.76 bps1.91 bps$14,486$14,3453.75 bps11.9 bps3,672 bps1 hour ago
Crypto.com ExchangeSHIB/USD<$0.017.51 bps7.50 bps$64,294$65,8485.59 bps12.1 bps19.7 bps1 hour ago
BitvavoSHIB/EUR<$0.018.72 bps9.47 bps$74,775$70,0974.36 bps6.58 bps14.6 bps1 hour ago
Bitstamp by RobinhoodSHIB/USD<$0.0118.8 bps19.1 bps$105,768$111,5289.39 bps25.2 bps29.3 bps1 hour ago

Spread is the latest reading, shown as what crossing it costs on one SHIB and as a share of the mid in basis points; the median column is over the last 24 hours. Depth is the notional value of resting orders within 1% of the mid on each side, converted to US dollars. Slippage is what a market buy of that size would pay above the mid on the book we read, and is blank where the visible book could not fill it.

  • Bitvavo (SHIB/EUR): Quoted in EUR; USD figures use this book's own mid against the asset's snapshot US dollar price.

Spread history

SHIB spread over the last 7 daysOne panel per venue. Each point is a single order-book read; the vertical scale is that venue's own range, so panels show shape rather than comparing venues to one another. Compare levels in the table above.

  • Gemini

    SHIB/USD · 1.84 bps–23.1 bps

    Sep 23.76 bpsSep 2: 7.76 bpsSep 2: 7.76 bpsSep 2: 7.77 bpsSep 2: 7.77 bpsSep 3: 1.93 bpsSep 3: 3.84 bpsSep 3: 1.92 bpsSep 3: 1.93 bpsSep 3: 1.93 bpsSep 3: 1.92 bpsSep 3: 1.92 bpsSep 3: 1.85 bpsSep 3: 1.84 bpsSep 4: 1.85 bpsSep 4: 1.87 bpsSep 4: 1.87 bpsSep 4: 1.88 bpsSep 4: 1.88 bpsSep 4: 1.87 bpsSep 4: 1.87 bpsSep 4: 1.90 bpsSep 4: 1.92 bpsSep 4: 1.93 bpsSep 4: 3.83 bpsSep 4: 23.1 bpsSep 5: 1.91 bpsSep 5: 1.91 bpsSep 5: 1.90 bpsSep 5: 3.76 bps

  • Crypto.com Exchange

    SHIB/USD · 1.87 bps–11.4 bps

    Sep 27.51 bpsSep 2: 5.82 bpsSep 2: 5.82 bpsSep 2: 5.83 bpsSep 2: 5.83 bpsSep 3: 3.86 bpsSep 3: 5.76 bpsSep 3: 5.76 bpsSep 3: 7.66 bpsSep 3: 1.93 bpsSep 3: 7.71 bpsSep 3: 7.67 bpsSep 3: 1.92 bpsSep 3: 5.50 bpsSep 3: 7.38 bpsSep 3: 5.52 bpsSep 3: 5.51 bpsSep 4: 3.70 bpsSep 4: 5.61 bpsSep 4: 3.74 bpsSep 4: 5.64 bpsSep 4: 3.76 bpsSep 4: 1.87 bpsSep 4: 7.49 bpsSep 4: 11.4 bpsSep 4: 7.69 bpsSep 4: 1.93 bpsSep 4: 7.66 bpsSep 4: 9.61 bpsSep 5: 1.91 bpsSep 5: 5.74 bpsSep 5: 7.61 bpsSep 5: 7.51 bps

  • Bitvavo

    SHIB/EUR · 1.97 bps–12.3 bps

    Sep 28.72 bpsSep 2: 5.85 bpsSep 2: 8.10 bpsSep 2: 6.98 bpsSep 2: 4.28 bpsSep 3: 4.92 bpsSep 3: 6.90 bpsSep 3: 5.56 bpsSep 3: 7.33 bpsSep 3: 9.38 bpsSep 3: 6.04 bpsSep 3: 8.69 bpsSep 3: 7.12 bpsSep 3: 7.03 bpsSep 3: 8.37 bpsSep 3: 4.49 bpsSep 3: 8.55 bpsSep 4: 8.18 bpsSep 4: 8.48 bpsSep 4: 9.34 bpsSep 4: 7.22 bpsSep 4: 1.97 bpsSep 4: 6.95 bpsSep 4: 7.17 bpsSep 4: 10.8 bpsSep 4: 6.25 bpsSep 4: 6.94 bpsSep 4: 10.2 bpsSep 4: 12.3 bpsSep 5: 10.9 bpsSep 5: 11.8 bpsSep 5: 10.6 bpsSep 5: 8.72 bps

  • Bitstamp by Robinhood

    SHIB/USD · 18.3 bps–38.5 bps

    Sep 218.8 bpsSep 2: 19.4 bpsSep 2: 19.4 bpsSep 2: 19.4 bpsSep 2: 19.4 bpsSep 3: 19.3 bpsSep 3: 19.2 bpsSep 3: 19.2 bpsSep 3: 19.1 bpsSep 3: 19.2 bpsSep 3: 38.5 bpsSep 3: 19.2 bpsSep 3: 19.1 bpsSep 3: 18.3 bpsSep 3: 18.5 bpsSep 3: 18.4 bpsSep 3: 18.4 bpsSep 4: 18.5 bpsSep 4: 18.7 bpsSep 4: 18.7 bpsSep 4: 18.8 bpsSep 4: 18.8 bpsSep 4: 18.7 bpsSep 4: 18.7 bpsSep 4: 19.0 bpsSep 4: 19.2 bpsSep 4: 19.3 bpsSep 4: 19.1 bpsSep 4: 19.2 bpsSep 5: 19.1 bpsSep 5: 19.1 bpsSep 5: 19.0 bpsSep 5: 18.8 bps

Method

Pairs are fixed per venue so each series measures the same book over time: the quote currency is chosen once, preferring US dollars, then dollar stablecoins, then euros or the venue's home currency. A non-dollar book's depth is converted using that book's own mid against SHIB's snapshot US dollar price.

Frequently Asked Questions

Which exchange has the tightest SHIB spread?
Gemini, at <$0.01 per SHIB (3.76 bps) on SHIB/USD as of the sample taken 1 hour ago. Spreads move, so this page is re-measured every two hours.
Does a tighter spread mean SHIB is cheaper to buy there?
Only in part. The spread is one of three costs: the trading fee, the spread you cross, and the deposit or card fee that got your money onto the venue. The fee pages put all three together for a given purchase size, and use the measured spread on this page wherever we have one.
What does 1% depth tell me?
It is the dollar value of orders resting within 1% of the mid price on one side of the book. A venue with a tight spread but shallow depth will still move against a large order — which is why the table also shows what $500, $5,000 and $50,000 market buys would pay.

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