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%Binance → Gate · Perp–Perp
Best perp–perp spread+0.04%Binance → Gate
Markets tracked148 venues · 8 perp · 6 spot · 0 DEX
Price range0.31%$0.027 – $0.0271

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
MEXC logoMEXCspot$0.0271Binance logoBinancespot$0.0271 +0.04%-0.16% +0.04%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0271Gate logoGatespot$0.0271 +0.04%-0.16% +0.04%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0271Bybit logoBybitspot$0.0271 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Binance logoBinancespot$0.0271Gate logoGatespot$0.0271 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Bybit logoBybitspot$0.0271Binance logoBinancespot$0.0271 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Bybit logoBybitspot$0.0271Gate logoGatespot$0.0271 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0271KuCoin logoKuCoinspot$0.0271 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
OKX logoOKXspot$0.0271Binance logoBinancespot$0.0271 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
OKX logoOKXspot$0.0271Gate logoGatespot$0.0271 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0271Binance logoBinancespot$0.0271 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0271Gate logoGatespot$0.0271 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
Binance logoBinancespot$0.0271Bybit logoBybitspot$0.0271 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0271OKX logoOKXspot$0.027 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
OKX logoOKXspot$0.0271Bybit logoBybitspot$0.0271 -0.11%-0.31% -0.11%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0271Bybit logoBybitspot$0.0271 -0.11%-0.31% -0.11%— 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 $0.027$0.027$0.027-0.08% +0.030%$1.85M
MEXC logoMEXCPerpetual · GRT_USDTPerpetual $0.027$0.027$0.027-0.05% +0.030%$935.6K
Gate logoGatePerpetual · GRT_USDTPerpetual $0.0271$0.0271$0.0271+0.03% -0.007%$917.5K
OKX logoOKXPerpetual · GRT-USDT-SWAPPerpetual $0.027$0.0271$0.027-0.03% +0.009%$544.1K
Bybit logoBybitSpot · GRTUSDTSpot $0.0271$0.0271$0.0271+0.08% —$427.2K
Bitget logoBitgetPerpetual · GRTUSDTPerpetual $0.027$0.0271$0.027-0.05% +0.030%$372.8K
KuCoin logoKuCoinPerpetual · GRTUSDTMPerpetual $0.027$0.0271$0.027-0.03% +0.030%$309.3K
KuCoin logoKuCoinSpot · GRT-USDTSpot $0.0271$0.0271$0.0271+0.08% —$270.5K
OKX logoOKXSpot · GRT-USDTSpot $0.027$0.0271$0.0271+0.06% —$131.9K
Gate logoGateSpot · GRT_USDTSpot $0.0271$0.0271$0.0271+0.15% —$75.3K
Variational logoVariationalPerpetual · GRTPerpetual $0.027$0.027$0.027-0.16% +0.007%$27.0K
Binance logoBinancePerpetual · GRTUSDTPerpetual $0.027$0.027$0.027-0.05% +0.030%—
Binance logoBinanceSpot · GRTUSDTSpot $0.0271$0.0271$0.0271+0.10% ——
MEXC logoMEXCSpot · GRTUSDTSpot $0.0271$0.0271$0.0271+0.03% ——
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 $0.027 and the highest bid on Gate spot at $0.0271.

The widest GRT perpetual spread is between Binance and Gate: long GRT on Binance at $0.027 and short on Gate at $0.0271 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 -0.037% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best GRT route is to buy spot on MEXC and short the perpetual on Gate: -0.04% gross, -0.24% net, with -0.007% a day of funding on the short leg.

Spot–spot GRT arbitrage (buy on MEXC, withdraw, deposit and sell on Binance) shows +0.04% 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 Binance → 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 $0.027, and Gate (spot) the highest bid at $0.0271. 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 (Binance 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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