ArbiLayer

GMT arbitrage

live

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

Best net spread+0.16%OKX → Gate · Spot–Spot
Best perp–perp spread+0.10%OKX → Bitget
Markets tracked1610 venues · 10 perp · 6 spot · 0 DEX
Price range0.60%$0.008295 – $0.008345

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
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.

GMT price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · GMT_USDTPerpetual $0.0083$0.00831$0.0083050.00% +0.030%$9.04M
Bybit logoBybitPerpetual · GMTUSDTPerpetual $0.008301$0.008305$0.008303-0.02% +0.030%$1.13M
OKX logoOKXPerpetual · GMT-USDT-SWAPPerpetual $0.008294$0.008296$0.008295-0.12% -0.043%$505.8K
Bitget logoBitgetPerpetual · GMTUSDTPerpetual $0.008304$0.008312$0.008308+0.04% +0.030%$260.3K
MEXC logoMEXCPerpetual · GMT_USDTPerpetual $0.008301$0.008305$0.008303-0.02% +0.030%$126.1K
KuCoin logoKuCoinSpot · GMT-USDTSpot $0.00832$0.00835$0.008335+0.36% —$116.8K
KuCoin logoKuCoinPerpetual · GMTUSDTMPerpetual $0.00829$0.0083$0.008295-0.12% +0.030%$104.8K
OKX logoOKXSpot · GMT-USDTSpot $0.008302$0.008308$0.0083050.00% —$74.1K
Hyperliquid logoHyperliquidPerpetual · GMTPerpetual $0.008292$0.008312$0.008302-0.04% +0.030%$58.5K
Bybit logoBybitSpot · GMTUSDTSpot $0.008309$0.008317$0.008313+0.10% —$35.4K
Gate logoGateSpot · GMT_USDTSpot $0.008338$0.008351$0.008345+0.48% —$20.8K
Bitget logoBitgetSpot · GMTUSDTSpot $0.0083$0.00832$0.00831+0.06% —$12.5K
Variational logoVariationalPerpetual · GMTPerpetual $0.008293$0.008308$0.0083-0.05% -0.030%$1.5K
Binance logoBinancePerpetual · GMTUSDTPerpetual $0.008301$0.008305$0.008303-0.02% +0.030%—
Aster logoAsterPerpetual · GMTUSDTPerpetual $0.00829$0.00832$0.0083050.00% +0.030%—
Binance logoBinanceSpot · GMTUSDTSpot $0.00831$0.00832$0.008315+0.12% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

GMT arbitrage explained

Right now GMT trades on 10 venues we scan: 10 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $0.008296 and the highest bid on Gate spot at $0.008338.

The widest GMT perpetual spread is between OKX and Bitget: long GMT on OKX at $0.008296 and short on Bitget at $0.008304 for +0.10% gross, or -0.06% 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 +0.073% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best GMT route is to buy spot on OKX and short the perpetual on Bitget: -0.05% gross, -0.25% net, with +0.030% a day of funding on the short leg.

Spot–spot GMT arbitrage (buy on OKX, withdraw, deposit and sell on Gate) shows +0.36% 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 GMT 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: GMT funding rates · GMT spread charts · GMT price · arbitrage scanner for all coins.

Is there a GMT arbitrage opportunity right now?

The best GMT route right now is to buy on OKX spot → sell on Gate spot (Spot–Spot): +0.36% gross and +0.16% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest GMT?

OKX (perp) has the lowest GMT ask at $0.008296, and Gate (spot) the highest bid at $0.008338. Prices update every 15 seconds on this page.

How many exchanges list GMT?

ArbiLayer tracks 16 GMT markets on 10 venues: 10 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage GMT without transferring coins?

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

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