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 05:00 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 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANTHROPICExbuy on Extended, sell on EntropyEn | ExExtended | 2,027.25 | EnEntropy | 2,074.1 | 2.28% | — | — | 3m·3m | mark | — | $2k | Ex | |
| XPINGtbuy on Gate, sell on MEXCMx | GtGateCEX | 0.000818 | MxMEXCCEX | 0.000824 | 0.731% | 0.541% | — | 7m·3m | mark | 34.2% | $74k | no FX | GtMx |
| EPICBgbuy on Bitget, sell on MEXCMx | BgBitgetCEX | 0.4668 | MxMEXCCEX | 0.4702 | 0.726% | 0.566% | — | 7m·3m | mark | 0.0% | $126k | no FX | BgMx |
| PIEVERSEVabuy on Variational, sell on MEXCMx | VaVariational | 1.29764 | MxMEXCCEX | 1.3044 | 0.520% | 0.480% | — | 3m·3m | mark | 5.0% | $65 | no FXUSDT/USD | VaMx |
| API3Bgbuy on Bitget, sell on AsterAs | BgBitgetCEX | 0.3177 | AsAster | 0.319229 | 0.480% | 0.280% | — | 7m·3m | mark | −82.2% | $14k | no FX | BgAs |
| SAPIENExbuy on Extended, sell on GateGt | ExExtended | 0.0713646 | GtGateCEX | 0.07167 | 0.427% | 0.227% | — | 3m·7m | mark | −0.4% | $31k | no FXUSDT/USD | ExGt |
| PIPPINAsbuy on Aster, sell on BybitBy | AsAster | 0.0175375 | ByBybitCEX | 0.01758 | 0.242% | 0.052% | — | 3m·7m | mark | 10.1% | $8k | no FX | AsBy |
| PIXELVabuy on Variational, sell on GateGt | VaVariational | 0.00607566 | GtGateCEX | 0.00609 | 0.236% | 0.086% | — | 3m·7m | mark | 0.0% | $3k | no FXUSDT/USD | VaGt |
| ALPINEGtbuy on Gate, sell on BybitBy | GtGateCEX | 0.366 | ByBybitCEX | 0.3667 | 0.191% | −0.069% | — | 7m·7m | mark | 0.0% | $5k | no FX | GtBy |
| PIBgbuy on Bitget, sell on MEXCMx | BgBitgetCEX | 0.08227 | MxMEXCCEX | 0.08234 | 0.085% | −0.075% | — | 7m·3m | mark | −4.4% | $773k | no FX | BgMx |
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.