ArbiLayer

GRT arbitrage

live

Live The Graph 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 tracked148 venues · 8 perp · 6 spot · 0 DEX
Price range0.19%$0.0269 – $0.027

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$0.0269Gate logoGate$0.0269 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
Binance logoBinance$0.0269Gate logoGate$0.0269 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bybit logoBybit$0.0269Binance logoBinance$0.0269 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bybit logoBybit$0.0269MEXC logoMEXC$0.0269 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bybit logoBybit$0.0269OKX logoOKX$0.0269 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bitget logoBitget$0.0269Gate logoGate$0.0269 0.00%-0.16% 0.00%— 0.000%— LS Chart →
MEXC logoMEXC$0.0269Gate logoGate$0.0269 0.00%-0.16% 0.00%— 0.000%— LS Chart →
OKX logoOKX$0.027Gate logoGate$0.0269 -0.04%-0.20% -0.04%— 0.000%— LS Chart →
Variational logoVariational$0.027Gate logoGate$0.0269 -0.04%-0.20% -0.03%— +0.033%— LS Chart →
KuCoin logoKuCoin$0.027Gate logoGate$0.0269 -0.04%-0.20% -0.04%— 0.000%— LS Chart →
Binance logoBinance$0.0269MEXC logoMEXC$0.0269 -0.04%-0.20% -0.04%— 0.000%— LS Chart →
Binance logoBinance$0.0269OKX logoOKX$0.0269 -0.04%-0.20% -0.04%— 0.000%— LS Chart →
Bitget logoBitget$0.0269Binance logoBinance$0.0269 -0.04%-0.20% -0.04%— 0.000%— LS Chart →
Bitget logoBitget$0.0269MEXC logoMEXC$0.0269 -0.04%-0.20% -0.04%— 0.000%— LS Chart →
Bitget logoBitget$0.0269OKX logoOKX$0.0269 -0.04%-0.20% -0.04%— 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.

GRT price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · GRTUSDTPerpetual $0.0269$0.0269$0.0269-0.06% +0.030%$1.84M
MEXC logoMEXCPerpetual · GRT_USDTPerpetual $0.0269$0.0269$0.0269-0.03% +0.030%$889.8K
Gate logoGatePerpetual · GRT_USDTPerpetual $0.0269$0.027$0.0269+0.01% +0.030%$801.9K
OKX logoOKXPerpetual · GRT-USDT-SWAPPerpetual $0.0269$0.027$0.0269-0.01% +0.030%$517.8K
Bitget logoBitgetPerpetual · GRTUSDTPerpetual $0.0269$0.0269$0.0269-0.05% +0.030%$397.4K
Bybit logoBybitSpot · GRTUSDTSpot $0.027$0.027$0.027+0.10% —$361.3K
KuCoin logoKuCoinPerpetual · GRTUSDTMPerpetual $0.0269$0.027$0.0269-0.03% +0.030%$336.8K
KuCoin logoKuCoinSpot · GRT-USDTSpot $0.027$0.027$0.027+0.08% —$225.6K
OKX logoOKXSpot · GRT-USDTSpot $0.027$0.027$0.027+0.12% —$106.5K
Gate logoGateSpot · GRT_USDTSpot $0.027$0.027$0.027+0.12% —$67.2K
Variational logoVariationalPerpetual · GRTPerpetual $0.0269$0.027$0.0269-0.06% -0.003%$16.8K
Binance logoBinancePerpetual · GRTUSDTPerpetual $0.0269$0.0269$0.0269-0.03% +0.030%—
Binance logoBinanceSpot · GRTUSDTSpot $0.027$0.027$0.027+0.12% ——
MEXC logoMEXCSpot · GRTUSDTSpot $0.027$0.027$0.027+0.12% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

GRT arbitrage explained

Right now The Graph (GRT) trades on 8 venues we scan: 8 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.0269 and the highest bid on Binance spot at $0.027.

The widest GRT perpetual spread is between Bybit and Gate: long GRT on Bybit at $0.0269 and short on Gate at $0.0269 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 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best GRT route is to buy spot on Gate and short the perpetual on Gate: -0.14% gross, -0.34% net, with +0.030% a day of funding on the short leg.

Spot–spot GRT arbitrage (buy on Gate, withdraw, deposit and sell on Binance) shows -0.03% 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 GRT 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: GRT funding rates · GRT spread charts · The Graph price · arbitrage scanner for all coins.

Is there a GRT arbitrage opportunity right now?

The best GRT 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 GRT?

Bybit (perp) has the lowest GRT ask at $0.0269, and Binance (spot) the highest bid at $0.027. Prices update every 15 seconds on this page.

How many exchanges list GRT?

ArbiLayer tracks 14 GRT markets on 8 venues: 8 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage GRT without transferring coins?

Use two perpetual contracts: go long GRT 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