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 04:06 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 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LINEAAsbuy on Aster, sell on LighterLi | AsAster | 0.00308074 | LiLighter | 0.003133 | 1.68% | 1.60% | — | 6m·6m | mark | −0.4% | $5k | no FXUSDT/USD | AsLi |
| INJVabuy on Variational, sell on HyperliquidHy | VaVariational | 7.7819 | HyHyperliquid | 7.831 | 0.629% | 0.539% | — | 6m·6m | mark | 11.5% | $997k | VaHy | |
| GRIFFAINHybuy on Hyperliquid, sell on MEXCMx | HyHyperliquid | 0.015983 | MxMEXCCEX | 0.01606 | 0.481% | 0.351% | — | 6m·6m | mark | 13.3% | $147k | no FXUSDT/USD | HyMx |
| XPINGtbuy on Gate, sell on AsterAs | GtGateCEX | 0.0008155 | AsAster | 0.00081919 | 0.451% | 0.221% | — | 6m·6m | mark | 23.0% | $7k | no FX | GtAs |
| PIPPINBnbuy on Binance, sell on AsterAs | BnBinanceCEX | 0.0173225 | AsAster | 0.0174 | 0.447% | 0.267% | — | 6m·6m | mark | 0.0% | $8k | no FX | BnAs |
| MARSCOINBnbuy on Binance, sell on AsterAs | BnBinanceCEX | 0.09389 | AsAster | 0.0941979 | 0.327% | 0.147% | — | 6m·6m | mark | 3.4% | $118k | no FX | BnAs |
| INXBybuy on Bybit, sell on GateGt | ByBybitCEX | 0.00496 | GtGateCEX | 0.004976 | 0.322% | 0.062% | — | 6m·6m | mark | −41.8% | $39k | no FX | ByGt |
| FARTCOINBgbuy on Bitget, sell on GRVTGr | BgBitgetCEX | 0.16901 | GrGRVT | 0.1695 | 0.290% | 0.080% | — | 6m·6m | mark | 0.0% | $2.2M | no FX | BgGr |
| INITBybuy on Bybit, sell on VariationalVa | ByBybitCEX | 0.11677 | VaVariational | 0.117106 | 0.287% | 0.177% | — | 6m·6m | mark | 8.1% | $196 | no FXUSDT/USD | ByVa |
| LINKExbuy on Extended, sell on LighterLi | ExExtended | 13.3039 | LiLighter | 13.3403 | 0.273% | 0.223% | — | 6m·6m | mark | −18.4% | $292k | ExLi | |
| AINBnbuy on Binance, sell on GateGt | BnBinanceCEX | 0.0460384 | GtGateCEX | 0.04613 | 0.199% | −0.051% | — | 6m·6m | mark | −64.2% | $229k | no FX | BnGt |
| MINABgbuy on Bitget, sell on GateGt | BgBitgetCEX | 0.08253 | GtGateCEX | 0.08267 | 0.169% | −0.101% | — | 6m·6m | mark | −44.9% | $2.0M | no FX | BgGt |
| ALPINEBnbuy on Binance, sell on VariationalVa | BnBinanceCEX | 0.3647 | VaVariational | 0.365296 | 0.163% | 0.063% | — | 6m·6m | mark | 0.0% | $993 | no FXUSDT/USD | BnVa |
| 1INCHVabuy on Variational, sell on BitgetBg | VaVariational | 0.0989457 | BgBitgetCEX | 0.09904 | 0.095% | −0.025% | — | 6m·6m | mark | 0.0% | $19k | no FXUSDT/USD | VaBg |
| INVabuy on Variational, sell on GateGt | VaVariational | 0.0326789 | GtGateCEX | 0.03271 | 0.095% | −0.055% | — | 6m·6m | mark | 0.0% | $5k | no FXUSDT/USD | VaGt |
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.