ArbiLayer

COIN arbitrage

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Live Coinbase • Robinhood Token price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.12%Bybit → Gate · Perp–Perp
Best perp–perp spread+0.04%Bybit → Gate
Markets tracked88 venues · 8 perp · 0 spot · 0 DEX
Price range0.07%$186.47 – $186.61

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$186.51Gate logoGate$186.58 +0.04%-0.12% +0.01%— -0.069%— LS Chart →
Binance logoBinance$186.52Gate logoGate$186.58 +0.03%-0.13% +0.02%— -0.039%— LS Chart →
Bitget logoBitget$186.53Gate logoGate$186.58 +0.03%-0.13% -0.00%— -0.095%— LS Chart →
OKX logoOKX$186.53Gate logoGate$186.58 +0.03%-0.13% +0.01%— -0.055%— LS Chart →
KuCoin logoKuCoin$186.54Gate logoGate$186.58 +0.02%-0.14% +0.02%— -0.013%— LS Chart →
Bybit logoBybit$186.51Binance logoBinance$186.51 0.00%-0.16% -0.01%— -0.030%— LS Chart →
Bybit logoBybit$186.51Bitget logoBitget$186.51 0.00%-0.16% +0.01%— +0.025%— LS Chart →
Bybit logoBybit$186.51Aster logoAster$186.51 0.00%-0.16% -0.00%— -0.004%— LS Chart →
Binance logoBinance$186.52Bitget logoBitget$186.51 -0.01%-0.17% +0.01%— +0.056%— LS Chart →
Binance logoBinance$186.52Aster logoAster$186.51 -0.01%-0.17% +0.00%— +0.027%— LS Chart →
Bitget logoBitget$186.53Binance logoBinance$186.51 -0.01%-0.17% -0.03%— -0.056%— LS Chart →
Bitget logoBitget$186.53Aster logoAster$186.51 -0.01%-0.17% -0.02%— -0.029%— LS Chart →
OKX logoOKX$186.53Binance logoBinance$186.51 -0.01%-0.17% -0.02%— -0.016%— LS Chart →
OKX logoOKX$186.53Bitget logoBitget$186.51 -0.01%-0.17% +0.00%— +0.040%— LS Chart →
OKX logoOKX$186.53Aster logoAster$186.51 -0.01%-0.17% -0.01%— +0.011%— 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.

COIN price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bitget logoBitgetPerpetual · COINUSDTPerpetual $186.51$186.53$186.52+0.00% +0.095%$5.84M
OKX logoOKXPerpetual · COIN-USDT-SWAPPerpetual $186.45$186.53$186.49-0.01% +0.055%$2.73M
Bybit logoBybitPerpetual · COINUSDTPerpetual $186.48$186.51$186.50-0.01% +0.069%$1.72M
KuCoin logoKuCoinPerpetual · COINUSDTMPerpetual $186.40$186.54$186.47-0.03% +0.013%$1.63M
Gate logoGatePerpetual · COIN_USDTPerpetual $186.58$186.63$186.61+0.05% 0.000%$1.00M
Variational logoVariationalPerpetual · COINPerpetual $186.48$186.66$186.57+0.03% +0.026%$521.2K
Binance logoBinancePerpetual · COINUSDTPerpetual $186.51$186.52$186.52-0.00% +0.039%—
Aster logoAsterPerpetual · COINUSDTPerpetual $186.51$186.69$186.60+0.04% +0.065%—
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

COIN arbitrage explained

Right now Coinbase • Robinhood Token (COIN) trades on 8 venues we scan: 8 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $186.51 and the highest bid on Gate perp at $186.58.

The widest COIN perpetual spread is between Bybit and Gate: long COIN on Bybit at $186.51 and short on Gate at $186.58 for +0.04% gross, or -0.12% 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 -0.069% per day, which the position pays while it is open.

Small COIN 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: COIN funding rates · COIN spread charts · Coinbase • Robinhood Token price · arbitrage scanner for all coins.

Is there a COIN arbitrage opportunity right now?

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

Which exchange has the cheapest COIN?

Bybit (perp) has the lowest COIN ask at $186.51, and Gate (perp) the highest bid at $186.58. Prices update every 15 seconds on this page.

How many exchanges list COIN?

ArbiLayer tracks 8 COIN markets on 8 venues: 8 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage COIN without transferring coins?

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

Arbitrage for other coins

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