Cross-exchange price spreads
The same perp on different venues: buy where the ask is lowest, sell where the bid is highest. Top of the book, every 15 s.
Indicative · marks from 2026-10-12 05:16 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
| Buy on | Ask | Sell on | Bid | Age | Quality | Flags | Open | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DATAGtbuy on Gate, sell on LighterLi | GtGateCEX | 0.2138 | LiLighter | 0.21765 | 1.78% | 1.63% | — | 5m·6m | mark | 186% | $224k | no FXUSDT/USD | GtLi |
| ATHVabuy on Variational, sell on AsterAs | VaVariational | 0.00665531 | AsAster | 0.00669806 | 0.640% | 0.560% | — | 6m·6m | mark | 10.5% | $35k | no FXUSDT/USD | VaAs |
| CASHCATVabuy on Variational, sell on HyperliquidHy | VaVariational | 0.122981 | HyHyperliquid | 0.12377 | 0.639% | 0.549% | — | 6m·6m | mark | 0.0% | $635k | VaHy | |
| ZCATGtbuy on Gate, sell on MEXCMx | GtGateCEX | 0.05434 | MxMEXCCEX | 0.05465 | 0.569% | 0.379% | — | 5m·6m | mark | 32.9% | $68k | no FX | GtMx |
| BASECATGtbuy on Gate, sell on MEXCMx | GtGateCEX | 0.01521 | MxMEXCCEX | 0.01528 | 0.459% | 0.269% | — | 5m·6m | mark | 32.9% | $745k | no FX | GtMx |
| GOATVabuy on Variational, sell on HyperliquidHy | VaVariational | 0.0167632 | HyHyperliquid | 0.016837 | 0.440% | 0.350% | — | 6m·6m | mark | 0.0% | $2k | VaHy | |
| POPCATVabuy on Variational, sell on LighterLi | VaVariational | 0.0491706 | LiLighter | 0.04938 | 0.425% | 0.425% | — | 6m·6m | mark | −0.4% | $14k | VaLi | |
| BATBybuy on Bybit, sell on AsterAs | ByBybitCEX | 0.15634 | AsAster | 0.156943 | 0.385% | 0.195% | — | 5m·6m | mark | 0.0% | $586k | no FX | ByAs |
| ATOMExbuy on Extended, sell on VariationalVa | ExExtended | 1.91668 | VaVariational | 1.92357 | 0.359% | 0.309% | — | 6m·6m | mark | −13.3% | $72k | ExVa | |
| SATSGtbuy on Gate, sell on BinanceBn | GtGateCEX | 0.00000001218 | BnBinanceCEX | 0.00000001222 | 0.328% | 0.078% | — | 5m·5m | mark | 0.0% | $27k | no FX | GtBn |
| RATSGtbuy on Gate, sell on MEXCMx | GtGateCEX | 0.00003706 | MxMEXCCEX | 0.00003717 | 0.296% | 0.106% | — | 5m·6m | mark | 29.6% | $91k | no FX | GtMx |
| BEATVabuy on Variational, sell on AsterAs | VaVariational | 0.0858787 | AsAster | 0.0860915 | 0.247% | 0.167% | — | 6m·6m | mark | 18.1% | $3k | no FXUSDT/USD | VaAs |
| CATIVabuy on Variational, sell on BinanceBn | VaVariational | 0.0634512 | BnBinanceCEX | 0.06359 | 0.218% | 0.118% | — | 6m·5m | mark | 0.0% | $514 | no FXUSDT/USD | VaBn |
| KATExbuy on Extended, sell on BybitBy | ExExtended | 0.0046284 | ByBybitCEX | 0.004638 | 0.207% | 0.047% | — | 6m·5m | mark | −0.4% | $74k | no FXUSDT/USD | ExBy |
| CATBnbuy on Binance, sell on BybitBy | BnBinanceCEX | 0.00000205438 | ByBybitCEX | 0.000002057 | 0.127% | −0.083% | — | 5m·5m | mark | −14.7% | $107k | no FX | BnBy |
| ATBybuy on Bybit, sell on BinanceBn | ByBybitCEX | 0.13424 | BnBinanceCEX | 0.1344 | 0.119% | −0.091% | — | 5m·5m | mark | 0.0% | $408k | no FX | ByBn |
A positive spread is not risk-free arbitrage: only the top of the book is shown, and fills, transfers between venues, funding, latency and exit costs all apply. Not investment advice.
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What the columns and badges mean
- Buy on
- Venue with the lowest ask: where you would buy (long).
- Ask
- Best ask on the buy venue, per coin, in USDC (USDT converted).
- Sell on
- Venue with the highest bid: where you would sell (short).
- Bid
- Best bid on the sell venue, per coin, in USDC (USDT converted).
- Spread
- (bid − ask) / mid between the two venues, before fees. Bold: positive on two updates of both quotes in a row.
- Net
- Spread minus taker fees on both legs, paid on entry and again on exit (exit assumed at zero spread).
- 24h max
- Largest spread of this coin in the last 24 hours (all venues, live quotes, default rules).
- Age
- Age of the buy · sell quotes at the last refresh of this table.
- Quality
- Source of the prices: book = top-of-book bid and ask; mid = midpoint only; mark = mark price (indicative).
- Funding Δ
- Funding APR of the short (sell) leg minus the long (buy) leg, from the funding screener. Positive: the position also earns funding.
- Vol 24h
- 24-hour volume of the thinner leg.
- Flags
- Warnings about the quotes behind the spread.
- book
- Both prices are top-of-book bid and ask.
- mid
- A leg has a midpoint price only: indicative.
- mark
- A leg is a mark price (Lighter, or a venue without live quotes): indicative, not a price you can trade at.
- ≠ asset?
- A venue's price is more than 3% from the others: maybe a different asset or contract size. Verify before trading.
- big spread
- Spread above 3%: usually a data or identity problem, rarely a real opportunity.
- timing gap
- The two quotes are more than 5 s apart: part of the spread may be time, not price.
- closed
- The underlying market is closed (session hours): prices can drift.
- no FX
- No fresh USDT/USDC rate: USDT prices are not converted.
- USDT/USD
- The legs settle in different stablecoins (USDT vs USDC or USD).
- RFQ
- Request-for-quote price: the fill you get may differ.
- no size
- The venue publishes no size at the top of the book.
- sampled
- Quotes are sampled, not streamed: they may lag.
- impact
- Impact price for a set size, not the top of the book.
- API off
- The venue reports this market's API as disabled.