ArbiLayer

BTW arbitrage

live

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

Best net spread+0.01%Bybit → Bitget · Perp–Perp
Best perp–perp spread+0.17%Bybit → Bitget
Markets tracked118 venues · 8 perp · 3 spot · 0 DEX
Price range0.20%$1.22 – $1.22

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$1.22Bitget logoBitgetspot$1.22 +0.02%-0.18% +0.02%— 0.000%— LS Chart →
MEXC logoMEXCspot$1.22Bitget logoBitgetspot$1.22 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
MEXC logoMEXCspot$1.22Gate logoGatespot$1.22 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
Bitget logoBitgetspot$1.22Gate logoGatespot$1.22 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
Gate logoGatespot$1.22MEXC logoMEXCspot$1.22 -0.18%-0.38% -0.18%— 0.000%— LS Chart →
Bitget logoBitgetspot$1.22MEXC logoMEXCspot$1.22 -0.20%-0.40% -0.20%— 0.000%— 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.

BTW price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · BTWUSDTPerpetual $1.22$1.22$1.22-0.05% +0.030%$12.59M
Gate logoGateSpot · BTW_USDTSpot $1.22$1.22$1.22+0.05% —$5.63M
MEXC logoMEXCPerpetual · BTW_USDTPerpetual $1.22$1.22$1.22+0.05% +0.030%$5.39M
Bitget logoBitgetSpot · BTWUSDTSpot $1.22$1.22$1.22+0.09% —$3.13M
Bitget logoBitgetPerpetual · BTWUSDTPerpetual $1.22$1.22$1.22+0.15% +0.030%$2.98M
KuCoin logoKuCoinPerpetual · BTWUSDTMPerpetual $1.22$1.22$1.220.00% +0.030%$2.37M
HTX logoHTXPerpetual · BTW-USDTPerpetual $1.22$1.22$1.22+0.08% +0.015%$536.0K
Gate logoGatePerpetual · BTW_USDTPerpetual $1.22$1.22$1.22-0.03% +0.030%$100.8K
Binance logoBinancePerpetual · BTWUSDTPerpetual $1.22$1.22$1.22-0.03% +0.030%—
Aster logoAsterPerpetual · BTWUSDTPerpetual $1.22$1.22$1.22-0.05% +0.030%—
MEXC logoMEXCSpot · BTWUSDTSpot $1.22$1.22$1.22-0.01% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

BTW arbitrage explained

Right now Bitway (BTW) trades on 8 venues we scan: 8 perpetual markets, 3 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $1.22 and the highest bid on Bitget perp at $1.22.

The widest BTW perpetual spread is between Bybit and Bitget: long BTW on Bybit at $1.22 and short on Bitget at $1.22 for +0.17% gross, or +0.01% 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 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best BTW route is to buy spot on Gate and short the perpetual on Bitget: +0.04% gross, -0.16% net, with +0.030% a day of funding on the short leg.

Spot–spot BTW arbitrage (buy on Gate, withdraw, deposit and sell on Bitget) shows +0.02% 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 BTW 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: BTW funding rates · BTW spread charts · Bitway price · arbitrage scanner for all coins.

Is there a BTW arbitrage opportunity right now?

The best BTW route right now is to buy on Bybit → sell on Bitget (Perp–Perp): +0.17% gross and +0.01% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest BTW?

Bybit (perp) has the lowest BTW ask at $1.22, and Bitget (perp) the highest bid at $1.22. Prices update every 15 seconds on this page.

How many exchanges list BTW?

ArbiLayer tracks 11 BTW markets on 8 venues: 8 perpetual, 3 spot and 0 DEX pools.

How do I arbitrage BTW without transferring coins?

Use two perpetual contracts: go long BTW on the cheaper exchange (Bybit 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 +18.02%CRO +16.46%ESPORTS +8.24%UPC +7.07%BDX +6.46%ONE +6.25%OPENAI +5.90%ELIZAOS +4.25%OURA +4.13%CATE +3.46%ANTHROPIC +3.37%ZIL +3.08%AI +3.08%EGLD +2.98%SPCX +2.90%GAIA +2.56%APPSTOCK +1.91%ETN +1.66%