ArbiLayer

2Z arbitrage

live

Live DoubleZero price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.03%Gate → Bybit · Perp–Perp
Best perp–perp spread+0.13%Gate → Bybit
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.31%$0.0385 – $0.0387

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoinspot$0.0386Bybit logoBybit$0.0386 -0.08%-0.28% -0.08%— -0.027%— LS Chart →
KuCoin logoKuCoinspot$0.0386MEXC logoMEXC$0.0386 -0.08%-0.28% -0.08%— -0.023%— LS Chart →
Binance logoBinancespot$0.0386Bybit logoBybit$0.0386 -0.10%-0.30% -0.11%— -0.027%— LS Chart →
Binance logoBinancespot$0.0386MEXC logoMEXC$0.0386 -0.10%-0.30% -0.11%— -0.023%— LS Chart →
MEXC logoMEXCspot$0.0386Bybit logoBybit$0.0386 -0.10%-0.30% -0.11%— -0.027%— LS Chart →
MEXC logoMEXCspot$0.0386MEXC logoMEXC$0.0386 -0.10%-0.30% -0.11%— -0.023%— LS Chart →
KuCoin logoKuCoinspot$0.0386OKX logoOKX$0.0386 -0.10%-0.30% -0.11%— -0.023%— LS Chart →
Bybit logoBybitspot$0.0387Bybit logoBybit$0.0386 -0.13%-0.33% -0.13%— -0.027%— LS Chart →
Bybit logoBybitspot$0.0387MEXC logoMEXC$0.0386 -0.13%-0.33% -0.13%— -0.023%— LS Chart →
Binance logoBinancespot$0.0386OKX logoOKX$0.0386 -0.13%-0.33% -0.13%— -0.023%— LS Chart →
MEXC logoMEXCspot$0.0386OKX logoOKX$0.0386 -0.13%-0.33% -0.13%— -0.023%— LS Chart →
KuCoin logoKuCoinspot$0.0386Hyperliquid logoHyperliquid$0.0386 -0.15%-0.35% -0.15%— -0.023%— LS Chart →
OKX logoOKXspot$0.0387Bybit logoBybit$0.0386 -0.16%-0.36% -0.16%— -0.027%— LS Chart →
OKX logoOKXspot$0.0387MEXC logoMEXC$0.0386 -0.16%-0.36% -0.16%— -0.023%— LS Chart →
Bitget logoBitgetspot$0.0387Bybit logoBybit$0.0386 -0.16%-0.36% -0.16%— -0.027%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

2Z price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · 2ZUSDTPerpetual $0.0386$0.0386$0.03860.00% -0.027%$3.72M
OKX logoOKXPerpetual · 2Z-USDT-SWAPPerpetual $0.0386$0.0386$0.0386-0.03% -0.023%$3.61M
Bitget logoBitgetPerpetual · 2ZUSDTPerpetual $0.0385$0.0386$0.0386-0.13% +0.030%$1.46M
OKX logoOKXSpot · 2Z-USDTSpot $0.0386$0.0387$0.0387+0.12% —$1.20M
Hyperliquid logoHyperliquidPerpetual · 2ZPerpetual $0.0386$0.0386$0.0386-0.03% -0.023%$895.6K
KuCoin logoKuCoinPerpetual · 2ZUSDTMPerpetual $0.0385$0.0386$0.0385-0.18% -0.002%$690.2K
Bybit logoBybitSpot · 2ZUSDTSpot $0.0386$0.0387$0.0386+0.09% —$432.3K
MEXC logoMEXCPerpetual · 2Z_USDTPerpetual $0.0386$0.0386$0.03860.00% -0.023%$361.8K
Gate logoGateSpot · 2Z_USDTSpot $0.0386$0.0387$0.0387+0.13% —$130.4K
Variational logoVariationalPerpetual · 2ZPerpetual $0.0385$0.0386$0.0386-0.09% +0.030%$92.7K
KuCoin logoKuCoinSpot · 2Z-USDTSpot $0.0386$0.0386$0.0386+0.03% —$71.4K
Gate logoGatePerpetual · 2Z_USDTPerpetual $0.0385$0.0386$0.0385-0.17% -0.065%$41.6K
Bitget logoBitgetSpot · 2ZUSDTSpot $0.0386$0.0387$0.0386+0.09% —$31.3K
Binance logoBinancePerpetual · 2ZUSDTPerpetual $0.0386$0.0386$0.0386-0.08% -0.000%—
Aster logoAsterPerpetual · 2ZUSDTPerpetual $0.0386$0.0386$0.0386-0.08% -0.069%—
Binance logoBinanceSpot · 2ZUSDTSpot $0.0386$0.0386$0.0386+0.06% ——
MEXC logoMEXCSpot · 2ZUSDTSpot $0.0386$0.0386$0.0386+0.06% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

2Z arbitrage explained

Right now DoubleZero (2Z) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.0386 and the highest bid on OKX spot at $0.0386.

The widest 2Z perpetual spread is between Gate and Bybit: long 2Z on Gate at $0.0386 and short on Bybit at $0.0386 for +0.13% gross, or -0.03% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.038% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best 2Z route is to buy spot on KuCoin and short the perpetual on Bybit: -0.08% gross, -0.28% net, with -0.027% a day of funding on the short leg.

Spot–spot 2Z arbitrage (buy on KuCoin, withdraw, deposit and sell on OKX) shows +0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small 2Z gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: 2Z funding rates · 2Z spread charts · DoubleZero price · arbitrage scanner for all coins.

Is there a 2Z arbitrage opportunity right now?

The best 2Z route right now is to buy on Gate → sell on Bybit (Perp–Perp): +0.13% gross and -0.03% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest 2Z?

Gate (perp) has the lowest 2Z ask at $0.0386, and OKX (spot) the highest bid at $0.0386. Prices update every 15 seconds on this page.

How many exchanges list 2Z?

ArbiLayer tracks 17 2Z markets on 10 venues: 10 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage 2Z without transferring coins?

Use two perpetual contracts: go long 2Z on the cheaper exchange (Gate now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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