ArbiLayer

AR arbitrage

live

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

Best net spread-0.04%Bitget → Hyperliquid · Perp–Perp
Best perp–perp spread+0.12%Bitget → Hyperliquid
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.29%$4.16 – $4.17

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bitget logoBitget$4.16Hyperliquid logoHyperliquid$4.17 +0.12%-0.04% +0.12%— +0.016%— LS Chart →
Gate logoGate$4.16Hyperliquid logoHyperliquid$4.17 +0.12%-0.04% +0.11%— 0.000%— LS Chart →
Variational logoVariational$4.16Hyperliquid logoHyperliquid$4.17 +0.10%-0.06% +0.09%— +0.000%— LS Chart →
KuCoin logoKuCoin$4.17Hyperliquid logoHyperliquid$4.17 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
Bitget logoBitget$4.16MEXC logoMEXC$4.17 +0.07%-0.09% +0.07%— -0.009%— LS Chart →
Gate logoGate$4.16MEXC logoMEXC$4.17 +0.07%-0.09% +0.06%— -0.025%— LS Chart →
Variational logoVariational$4.16MEXC logoMEXC$4.17 +0.05%-0.11% +0.04%— -0.025%— LS Chart →
Binance logoBinance$4.17Hyperliquid logoHyperliquid$4.17 +0.05%-0.11% +0.05%— +0.024%— LS Chart →
Bitget logoBitget$4.16Binance logoBinance$4.17 +0.05%-0.11% +0.05%— -0.008%— LS Chart →
Bitget logoBitget$4.16Bybit logoBybit$4.17 +0.05%-0.11% +0.05%— +0.016%— LS Chart →
Bitget logoBitget$4.16OKX logoOKX$4.17 +0.05%-0.11% +0.02%— -0.075%— LS Chart →
Gate logoGate$4.16Binance logoBinance$4.17 +0.05%-0.11% +0.04%— -0.024%— LS Chart →
Gate logoGate$4.16Bybit logoBybit$4.17 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Gate logoGate$4.16OKX logoOKX$4.17 +0.05%-0.11% +0.02%— -0.091%— LS Chart →
Variational logoVariational$4.16Binance logoBinance$4.17 +0.03%-0.13% +0.02%— -0.024%— 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.

AR price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · AR-USDT-SWAPPerpetual $4.17$4.17$4.17-0.02% -0.061%$4.47M
Bybit logoBybitPerpetual · ARUSDTPerpetual $4.17$4.17$4.17-0.02% +0.030%$2.64M
Gate logoGatePerpetual · AR_USDTPerpetual $4.16$4.16$4.16-0.12% +0.030%$1.80M
MEXC logoMEXCPerpetual · AR_USDTPerpetual $4.17$4.17$4.17-0.01% +0.005%$1.54M
Bitget logoBitgetPerpetual · ARUSDTPerpetual $4.16$4.16$4.16-0.13% +0.014%$1.40M
Hyperliquid logoHyperliquidPerpetual · ARPerpetual $4.17$4.17$4.17+0.09% +0.030%$1.39M
OKX logoOKXSpot · AR-USDTSpot $4.17$4.17$4.17+0.01% —$1.27M
Gate logoGateSpot · AR_USDTSpot $4.17$4.17$4.17+0.04% —$457.4K
KuCoin logoKuCoinSpot · AR-USDTSpot $4.17$4.17$4.17+0.11% —$328.0K
Bitget logoBitgetSpot · ARUSDTSpot $4.17$4.17$4.17+0.05% —$306.6K
Bybit logoBybitSpot · ARUSDTSpot $4.17$4.17$4.17+0.04% —$270.9K
KuCoin logoKuCoinPerpetual · ARUSDTMPerpetual $4.16$4.17$4.16-0.12% +0.030%$187.0K
Variational logoVariationalPerpetual · ARPerpetual $4.15$4.16$4.16-0.19% +0.030%$27.9K
Binance logoBinancePerpetual · ARUSDTPerpetual $4.17$4.17$4.17-0.04% +0.006%—
Aster logoAsterPerpetual · ARUSDTPerpetual $4.16$4.17$4.170.00% +0.030%—
Binance logoBinanceSpot · ARUSDTSpot $4.17$4.17$4.17+0.02% ——
MEXC logoMEXCSpot · ARUSDTSpot $4.17$4.17$4.17+0.02% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

AR arbitrage explained

Right now Arweave (AR) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $4.16 and the highest bid on KuCoin spot at $4.17.

The widest AR perpetual spread is between Bitget and Hyperliquid: long AR on Bitget at $4.16 and short on Hyperliquid at $4.17 for +0.12% gross, or -0.04% 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 +0.016% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best AR route is to buy spot on Binance and short the perpetual on Hyperliquid: -0.02% gross, -0.22% net, with +0.030% a day of funding on the short leg.

Spot–spot AR arbitrage (buy on Binance, withdraw, deposit and sell on KuCoin) shows 0.00% 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 AR 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: AR funding rates · AR spread charts · Arweave price · arbitrage scanner for all coins.

Is there a AR arbitrage opportunity right now?

The best AR route right now is to buy on Bitget → sell on Hyperliquid (Perp–Perp): +0.12% gross and -0.04% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest AR?

Gate (perp) has the lowest AR ask at $4.16, and KuCoin (spot) the highest bid at $4.17. Prices update every 15 seconds on this page.

How many exchanges list AR?

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

How do I arbitrage AR without transferring coins?

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

Arbitrage for other coins

POWER +17.41%CRO +16.48%ESPORTS +8.21%BDX +7.04%OPENAI +6.42%ONE +5.86%UPC +4.05%AI +3.47%ANTHROPIC +3.37%COOL +3.35%SPCX +3.31%ZIL +2.75%OURA +2.73%EGLD +2.63%MUSEBOOK +2.25%APPSTOCK +1.98%PENGSTOCK +1.91%AGENCY +1.87%