ArbiLayer

ESP arbitrage

live

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

Best net spread+0.26%Binance → Bybit · Perp–Perp
Best perp–perp spread+0.42%Binance → Bybit
Markets tracked128 venues · 8 perp · 4 spot · 0 DEX
Price range0.46%$0.1092 – $0.1097

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinance$0.1092Bybit logoBybit$0.1097 +0.42%+0.26% +0.20%— -1.320%— LS Chart →
MEXC logoMEXC$0.1092Bybit logoBybit$0.1097 +0.42%+0.26% +0.20%— -1.320%— LS Chart →
Gate logoGate$0.1092Bybit logoBybit$0.1097 +0.42%+0.26% +0.21%— -1.290%— LS Chart →
Aster logoAster$0.1093Bybit logoBybit$0.1097 +0.34%+0.18% +0.12%— -1.320%— LS Chart →
Bitget logoBitget$0.1094Bybit logoBybit$0.1097 +0.29%+0.13% +0.07%— -1.320%— LS Chart →
OKX logoOKX$0.1094Bybit logoBybit$0.1097 +0.28%+0.12% +0.07%— -1.275%— LS Chart →
Binance logoBinance$0.1092KuCoin logoKuCoin$0.1094 +0.16%+0.00% +0.16%— 0.000%— LS Chart →
MEXC logoMEXC$0.1092KuCoin logoKuCoin$0.1094 +0.16%+0.00% +0.16%— 0.000%— LS Chart →
Gate logoGate$0.1092KuCoin logoKuCoin$0.1094 +0.16%+0.00% +0.17%— +0.030%— LS Chart →
Aster logoAster$0.1093KuCoin logoKuCoin$0.1094 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.1096Bybit logoBybit$0.1097 +0.08%-0.08% -0.14%— -1.320%— LS Chart →
Binance logoBinance$0.1092Bitget logoBitget$0.1093 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
MEXC logoMEXC$0.1092Bitget logoBitget$0.1093 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
Gate logoGate$0.1092Bitget logoBitget$0.1093 +0.07%-0.09% +0.07%— +0.030%— LS Chart →
Binance logoBinance$0.1092OKX logoOKX$0.1093 +0.05%-0.11% +0.05%— -0.045%— 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.

ESP price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · ESP-USDT-SWAPPerpetual $0.1093$0.1094$0.1093+0.01% -0.015%$1.69M
Bybit logoBybitPerpetual · ESPUSDTPerpetual $0.1097$0.1097$0.1097+0.35% -1.290%$1.14M
Gate logoGatePerpetual · ESP_USDTPerpetual $0.1092$0.1092$0.1092-0.11% +0.000%$667.7K
Bitget logoBitgetPerpetual · ESPUSDTPerpetual $0.1093$0.1094$0.1094+0.01% +0.030%$579.4K
MEXC logoMEXCPerpetual · ESP_USDTPerpetual $0.1092$0.1092$0.1092-0.11% +0.030%$145.2K
KuCoin logoKuCoinPerpetual · ESPUSDTMPerpetual $0.1094$0.1096$0.1095+0.16% +0.030%$130.8K
Gate logoGateSpot · ESP_USDTSpot $0.1093$0.1096$0.1094+0.09% —$69.7K
KuCoin logoKuCoinSpot · ESP-USDTSpot $0.109$0.1095$0.1093-0.08% —$37.8K
Binance logoBinancePerpetual · ESPUSDTPerpetual $0.1092$0.1092$0.1092-0.11% +0.030%—
Aster logoAsterPerpetual · ESPUSDTPerpetual $0.1092$0.1093$0.1093-0.07% +0.030%—
Binance logoBinanceSpot · ESPUSDTSpot $0.1093$0.1094$0.1094+0.02% ——
MEXC logoMEXCSpot · ESPUSDTSpot $0.1093$0.1094$0.1093-0.01% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

ESP arbitrage explained

Right now Espresso (ESP) trades on 8 venues we scan: 8 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.1092 and the highest bid on Bybit perp at $0.1097.

The widest ESP perpetual spread is between Binance and Bybit: long ESP on Binance at $0.1092 and short on Bybit at $0.1097 for +0.42% gross, or +0.26% 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 -1.320% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best ESP route is to buy spot on Binance and short the perpetual on Bybit: +0.27% gross, +0.07% net, with -1.290% a day of funding on the short leg.

Spot–spot ESP arbitrage (buy on MEXC, withdraw, deposit and sell on Binance) shows -0.08% 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 ESP 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: ESP funding rates · ESP spread charts · Espresso price · arbitrage scanner for all coins.

Is there a ESP arbitrage opportunity right now?

The best ESP route right now is to buy on Binance → sell on Bybit (Perp–Perp): +0.42% gross and +0.26% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest ESP?

Gate (perp) has the lowest ESP ask at $0.1092, and Bybit (perp) the highest bid at $0.1097. Prices update every 15 seconds on this page.

How many exchanges list ESP?

ArbiLayer tracks 12 ESP markets on 8 venues: 8 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage ESP without transferring coins?

Use two perpetual contracts: go long ESP on the cheaper exchange (Binance 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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