ArbiLayer

BTC arbitrage

live

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

Best net spread-0.08%Variational → Bitget · Perp–Perp
Best perp–perp spread+0.08%Variational → Bitget
Markets tracked1912 venues · 11 perp · 7 spot · 1 DEX
Price range0.10%$83,267.69 – $83,350.01

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Variational logoVariational$83,272.11Bitget logoBitget$83,340.40 +0.08%-0.08% +0.09%— +0.023%— LS Chart →
Variational logoVariational$83,272.11KuCoin logoKuCoin$83,316.00 +0.05%-0.11% +0.06%— +0.023%— LS Chart →
Variational logoVariational$83,272.11Hyperliquid logoHyperliquid$83,316.00 +0.05%-0.11% +0.05%— +0.023%— LS Chart →
Aster logoAster$83,296.80Bitget logoBitget$83,340.40 +0.05%-0.11% +0.06%— +0.024%— LS Chart →
HTX logoHTX$83,297.00Bitget logoBitget$83,340.40 +0.05%-0.11% +0.07%— +0.065%— LS Chart →
Variational logoVariational$83,272.11Gate logoGate$83,311.70 +0.05%-0.11% +0.05%— +0.002%— LS Chart →
OKX logoOKX$83,302.90Bitget logoBitget$83,340.40 +0.05%-0.11% +0.05%— +0.027%— LS Chart →
Bybit logoBybit$83,303.40Bitget logoBitget$83,340.40 +0.04%-0.12% +0.05%— +0.025%— LS Chart →
Binance logoBinance$83,304.60Bitget logoBitget$83,340.40 +0.04%-0.12% +0.05%— +0.032%— LS Chart →
MEXC logoMEXC$83,304.60Bitget logoBitget$83,340.40 +0.04%-0.12% +0.05%— +0.032%— LS Chart →
Variational logoVariational$83,272.11Binance logoBinance$83,304.50 +0.04%-0.12% +0.04%— -0.008%— LS Chart →
Variational logoVariational$83,272.11MEXC logoMEXC$83,304.50 +0.04%-0.12% +0.04%— -0.008%— LS Chart →
Variational logoVariational$83,272.11Bybit logoBybit$83,303.30 +0.04%-0.12% +0.04%— -0.002%— LS Chart →
Variational logoVariational$83,272.11OKX logoOKX$83,302.80 +0.04%-0.12% +0.04%— -0.003%— LS Chart →
Gate logoGate$83,311.80Bitget logoBitget$83,340.40 +0.03%-0.13% +0.04%— +0.021%— 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.

BTC price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · BTC-USDT-SWAPPerpetual $83,302.80$83,302.90$83,302.85-0.02% +0.003%$7.01B
Bybit logoBybitPerpetual · BTCUSDTPerpetual $83,303.30$83,303.40$83,303.35-0.02% +0.005%$5.39B
Bitget logoBitgetPerpetual · BTCUSDTPerpetual $83,340.40$83,340.50$83,340.45+0.03% +0.030%$3.26B
MEXC logoMEXCPerpetual · BTC_USDTPerpetual $83,304.50$83,304.60$83,304.55-0.01% -0.002%$2.96B
Hyperliquid logoHyperliquidPerpetual · BTCPerpetual $83,316.00$83,317.00$83,316.50+0.00% +0.030%$2.85B
Bybit logoBybitSpot · BTCUSDTSpot $83,341.80$83,341.90$83,341.85+0.03% —$941.70M
Gate logoGateSpot · BTC_USDTSpot $83,344.70$83,344.80$83,344.75+0.03% —$882.82M
Gate logoGatePerpetual · BTC_USDTPerpetual $83,311.70$83,311.80$83,311.75-0.01% +0.009%$701.63M
HTX logoHTXPerpetual · BTC-USDTPerpetual $83,296.90$83,297.00$83,296.95-0.02% -0.035%$544.08M
OKX logoOKXSpot · BTC-USDTSpot $83,344.70$83,344.80$83,344.75+0.03% —$526.81M
Variational logoVariationalPerpetual · BTCPerpetual $83,263.27$83,272.11$83,267.69-0.06% +0.007%$515.26M
KuCoin logoKuCoinSpot · BTC-USDTSpot $83,342.70$83,342.80$83,342.75+0.03% —$507.45M
KuCoin logoKuCoinPerpetual · XBTUSDTMPerpetual $83,316.00$83,316.10$83,316.05-0.00% +0.030%$330.72M
Bitget logoBitgetSpot · BTCUSDTSpot $83,348.84$83,348.85$83,348.85+0.04% —$224.79M
Pancakeswap · BNB Chain logoPancakeswap · BNB ChainDEX pool · bsc · 0x7130…ad9cDEX pool $83,074.50$83,574.44$83,324.47+0.01% —$10.24M
Binance logoBinancePerpetual · BTCUSDTPerpetual $83,304.50$83,304.60$83,304.55-0.01% -0.002%—
Aster logoAsterPerpetual · BTCUSDTPerpetual $83,296.70$83,296.80$83,296.75-0.02% +0.006%—
Binance logoBinanceSpot · BTCUSDTSpot $83,350.00$83,350.01$83,350.01+0.04% ——
MEXC logoMEXCSpot · BTCUSDTSpot $83,338.64$83,338.65$83,338.64+0.03% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

BTC arbitrage explained

Right now Bitcoin (BTC) trades on 12 venues we scan: 11 perpetual markets, 7 spot markets and 1 DEX pool. The lowest ask is on Variational perp at $83,272.11 and the highest bid on Binance spot at $83,350.00.

The widest BTC perpetual spread is between Variational and Bitget: long BTC on Variational at $83,272.11 and short on Bitget at $83,340.40 for +0.08% gross, or -0.08% 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 +0.023% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best BTC route is to buy spot on MEXC and short the perpetual on Bitget: +0.00% gross, -0.20% net, with +0.030% a day of funding on the short leg.

Spot–spot BTC arbitrage (buy on MEXC, withdraw, deposit and sell on Binance) shows +0.01% 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 BTC 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: BTC funding rates · BTC spread charts · Bitcoin price · arbitrage scanner for all coins.

Is there a BTC arbitrage opportunity right now?

The best BTC route right now is to buy on Variational → sell on Bitget (Perp–Perp): +0.08% gross and -0.08% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest BTC?

Variational (perp) has the lowest BTC ask at $83,272.11, and Binance (spot) the highest bid at $83,350.00. Prices update every 15 seconds on this page.

How many exchanges list BTC?

ArbiLayer tracks 19 BTC markets on 12 venues: 11 perpetual, 7 spot and 1 DEX pool.

How do I arbitrage BTC without transferring coins?

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

Arbitrage for other coins

BLAST +16.57%CRO +16.45%POWER +16.12%OKB +14.06%ESPORTS +7.74%UPC +7.60%BDX +7.54%ONE +7.15%OPENAI +6.46%AI +6.16%COOL +4.35%GAIB +4.00%SPCX +3.48%ANTHROPIC +3.30%OURA +3.06%EGLD +2.98%ZIL +2.84%NATIX +2.68%