Phase shifting profilometry (PSP) is favored in high-precision 3D scanning due to its high accuracy, robustness, and pixel-wise property. However, a fundamental assumption of PSP that the object should remain static is violated in dynamic measurement, making PSP susceptible to object moving, resulting in ripple-like errors in the point clouds. We propose a pixel-wise and frame-wise loopable binomial self-compensation (BSC) algorithm to effectively and flexibly eliminate motion error in the four-step PSP. Our mathematical model demonstrates that by summing successive motion-affected phase frames weighted by binomial coefficients, motion error exponentially diminishes as the binomial order increases, enabling automatic error compensation through the motion-affected phase sequence, without the assistance of any intermediate variable. We demonstrate that our BSC outperforms the existing methods in reducing motion error, while achieving a depth map frame rate equal to the camera's acquisition rate (90 fps), enabling high-accuracy 3D reconstruction with a quasi-single-shot frame rate.