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 05:41 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 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STABLEVabuy on Variational, sell on LighterLi | VaVariational | 0.0269671 | LiLighter | 0.02749 | 1.92% | 1.92% | — | 6m·6m | mark | −0.4% | $4 | VaLi | |
| TAGVabuy on Variational, sell on AsterAs | VaVariational | 0.000657669 | AsAster | 0.00066481 | 1.08% | 1.000% | — | 6m·6m | mark | 0.0% | $4k | no FXUSDT/USD | VaAs |
| DATAMxbuy on MEXC, sell on BinanceBn | MxMEXCCEX | 0.2138 | BnBinanceCEX | 0.216 | 1.02% | 0.884% | — | 6m·6m | mark | — | $338k | no FX | MxBn |
| STANDARDMxbuy on MEXC, sell on GateGt | MxMEXCCEX | 0.2222 | GtGateCEX | 0.2243 | 0.941% | 0.751% | — | 6m·6m | mark | 40.7% | $21k | no FX | MxGt |
| MANTAVabuy on Variational, sell on HyperliquidHy | VaVariational | 0.0722852 | HyHyperliquid | 0.0726 | 0.435% | 0.345% | — | 6m·6m | mark | 0.0% | $39k | VaHy | |
| ZETAVabuy on Variational, sell on MEXCMx | VaVariational | 0.0471962 | MxMEXCCEX | 0.04736 | 0.347% | 0.307% | — | 6m·6m | mark | 0.0% | $2k | no FXUSDT/USD | VaMx |
| TAVabuy on Variational, sell on MEXCMx | VaVariational | 0.050258 | MxMEXCCEX | 0.05043 | 0.342% | 0.302% | — | 6m·6m | mark | 0.0% | $1k | no FXUSDT/USD | VaMx |
| THETAVabuy on Variational, sell on AsterAs | VaVariational | 0.224568 | AsAster | 0.225332 | 0.340% | 0.260% | — | 6m·6m | mark | 16.9% | $634 | no FXUSDT/USD | VaAs |
| IOTABnbuy on Binance, sell on HyperliquidHy | BnBinanceCEX | 0.05292 | HyHyperliquid | 0.053094 | 0.328% | 0.138% | — | 6m·6m | mark | 0.0% | $168k | no FXUSDT/USD | BnHy |
| LISTAAsbuy on Aster, sell on BitgetBg | AsAster | 0.0802195 | BgBitgetCEX | 0.08046 | 0.299% | 0.099% | — | 6m·6m | mark | 0.0% | $2k | no FX | AsBg |
| TACBybuy on Bybit, sell on AsterAs | ByBybitCEX | 0.001396 | AsAster | 0.00139954 | 0.253% | 0.063% | — | 6m·6m | mark | 0.0% | $3k | no FX | ByAs |
| TAOLibuy on Lighter, sell on AsterAs | LiLighter | 298.371 | AsAster | 299.105 | 0.246% | 0.166% | — | 6m·6m | mark | 0.4% | $799k | no FXUSDT/USD | LiAs |
| TAKEAsbuy on Aster, sell on BinanceBn | AsAster | 0.0625986 | BnBinanceCEX | 0.06273 | 0.210% | 0.030% | — | 6m·6m | mark | 0.0% | $5k | no FX | AsBn |
| TAIKOVabuy on Variational, sell on MEXCMx | VaVariational | 0.084023 | MxMEXCCEX | 0.08419 | 0.199% | 0.159% | — | 6m·6m | mark | 0.0% | $27k | no FXUSDT/USD | VaMx |
| PORTALVabuy on Variational, sell on AsterAs | VaVariational | 0.0165604 | AsAster | 0.0165783 | 0.109% | 0.029% | — | 6m·6m | mark | 0.0% | $4k | no FXUSDT/USD | VaAs |
| STARBnbuy on Binance, sell on AsterAs | BnBinanceCEX | 0.035649 | AsAster | 0.0356851 | 0.101% | −0.079% | — | 6m·6m | mark | 0.0% | $14k | no FX | BnAs |
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.