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 03:51 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.
Filters2
Venues17/18
Venues
Reset
Showing 27 of 27sorted by SpreadRankings are never paid for
Price spreads between venues: buy at the lowest ask, sell at the highest bid.
Buy onAskSell onBidAgeQualityFlagsOpen
Wbuy on Bitget, sell on VariationalBitgetCEX0.02805Variational0.0284971.58%1.46%—5m·5mmark33.7%$2.2Mno FXUSDT/USDBgVa
BREWbuy on Aster, sell on GateAster0.00918GateCEX0.0092640.911%0.681%—5m·5mmark0.0%$12kno FXAsGt
WLDbuy on Variational, sell on LighterVariational0.552539Lighter0.5561250.647%0.647%—5m·5mmark4.5%$2.9MVaLi
BWETbuy on Gate, sell on BybitGateCEX1,025.53BybitCEX1,030.360.470%0.210%—5m·5mmark−420%$31kno FXGtBy
WALbuy on Variational, sell on GateVariational0.0373687GateCEX0.037540.457%0.307%—5m·5mmark−92.2%$14kno FXUSDT/USDVaGt
TWSTbuy on Bitget, sell on GateBitgetCEX160.59GateCEX161.310.447%0.177%—5m·5mmark0.0%$241no FXBgGt
WOObuy on Variational, sell on BitgetVariational0.0134302BitgetCEX0.013490.445%0.325%—5m·5mmark11.5%$1kno FXUSDT/USDVaBg
WCTbuy on Variational, sell on HyperliquidVariational0.0422783Hyperliquid0.0424640.438%0.348%—5m·5mmark0.0%$4kVaHy
TOWNSbuy on Variational, sell on BitgetVariational0.00184446BitgetCEX0.0018520.408%0.288%—5m·5mmark0.0%$3kno FXUSDT/USDVaBg
MEWbuy on Variational, sell on BitgetVariational0.00047962BitgetCEX0.00048130.350%0.230%—5m·5mmark10.2%$1kno FXUSDT/USDVaBg
WIFbuy on Variational, sell on BitgetVariational0.221905BitgetCEX0.22260.313%0.193%—5m·5mmark0.0%$71kno FXUSDT/USDVaBg
GWEIbuy on Gate, sell on BinanceGateCEX0.020268BinanceCEX0.020330.305%0.055%—5m·5mmark0.0%$441kno FXGtBn
POWERbuy on Aster, sell on BitgetAster0.0808794BitgetCEX0.081120.297%0.097%—5m·5mmark−6.2%$14kno FXAsBg
BTWbuy on Gate, sell on MEXCGateCEX1.66621MEXCCEX1.6710.287%0.097%—5m·5mmark19.7%$14.3Mno FXGtMx
WAVESbuy on Variational, sell on BybitVariational0.273248BybitCEX0.2740.275%0.165%—5m·5mmark0.0%$2kno FXUSDT/USDVaBy
FLOWbuy on Binance, sell on VariationalBinanceCEX0.03569Variational0.03577550.239%0.139%—5m·5mmark0.8%$19kno FXUSDT/USDBnVa
MPWRbuy on Extended, sell on GateExtended1,388.69GateCEX1,391.90.231%0.031%—5m·5mmark−4.4%$0no FXUSDT/USDExGt
WLFIbuy on Extended, sell on AsterExtended0.0569196Aster0.057050.229%0.099%—5m·5mmark−0.4%$441kno FXUSDT/USDExAs
TWTbuy on Variational, sell on GateVariational0.517828GateCEX0.5190.226%0.076%—5m·5mmark0.0%$6kno FXUSDT/USDVaGt
WAXPbuy on Gate, sell on BinanceGateCEX0.00582BinanceCEX0.00583250.215%−0.035%—5m·5mmark0.0%$4kno FXGtBn
AWEbuy on Bitget, sell on AsterBitgetCEX0.067666Aster0.06780110.199%−0.001%—5m·5mmark0.0%$2kno FXBgAs
COWbuy on Aster, sell on BybitAster0.152443BybitCEX0.152720.181%−0.009%—5m·5mmark0.0%$201no FXAsBy
POWRbuy on Gate, sell on BinanceGateCEX0.06012BinanceCEX0.06022130.168%−0.082%—5m·5mmark0.0%$2kno FXGtBn
SWARMSbuy on Extended, sell on BinanceExtended0.00799927BinanceCEX0.008011230.149%−0.001%—5m·5mmark−0.4%$100kno FXUSDT/USDExBn
NEWTbuy on Binance, sell on BitgetBinanceCEX0.048573BitgetCEX0.048640.138%−0.082%—5m·5mmark0.0%$124kno FXBnBg
WETbuy on MEXC, sell on GateMEXCCEX0.05978GateCEX0.059830.084%−0.106%—5m·5mmark0.0%$29kno FXMxGt
ETHWbuy on MEXC, sell on BinanceMEXCCEX0.2771BinanceCEX0.27720.036%−0.104%—5m·5mmark0.0%$109kno FXMxBn

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.

↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.

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.