ArbiLayer

LUNA arbitrage

live

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

Best net spread-0.16%Gate → Bitget · Spot–Perp
Best perp–perp spread0.00%KuCoin → Bitget
Markets tracked107 venues · 3 perp · 7 spot · 0 DEX
Price range0.21%$0.0468 – $0.0469

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$0.0468Bitget logoBitget$0.0468 +0.04%-0.16% +0.05%— +0.030%— LS Chart →
Gate logoGatespot$0.0468OKX logoOKX$0.0468 +0.04%-0.16% +0.05%— +0.030%— LS Chart →
Binance logoBinancespot$0.0468Bitget logoBitget$0.0468 +0.02%-0.18% +0.03%— +0.030%— LS Chart →
Binance logoBinancespot$0.0468OKX logoOKX$0.0468 +0.02%-0.18% +0.03%— +0.030%— LS Chart →
OKX logoOKXspot$0.0468Bitget logoBitget$0.0468 -0.06%-0.26% -0.06%— +0.030%— LS Chart →
OKX logoOKXspot$0.0468OKX logoOKX$0.0468 -0.06%-0.26% -0.06%— +0.030%— LS Chart →
Bitget logoBitgetspot$0.0469Bitget logoBitget$0.0468 -0.09%-0.29% -0.08%— +0.030%— LS Chart →
Bitget logoBitgetspot$0.0469OKX logoOKX$0.0468 -0.09%-0.29% -0.08%— +0.030%— LS Chart →
Gate logoGatespot$0.0468KuCoin logoKuCoin$0.0468 -0.09%-0.29% -0.08%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0469Bitget logoBitget$0.0468 -0.11%-0.31% -0.10%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0469OKX logoOKX$0.0468 -0.11%-0.31% -0.10%— +0.030%— LS Chart →
Binance logoBinancespot$0.0468KuCoin logoKuCoin$0.0468 -0.11%-0.31% -0.10%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.0469Bitget logoBitget$0.0468 -0.19%-0.39% -0.19%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.0469OKX logoOKX$0.0468 -0.19%-0.39% -0.19%— +0.030%— LS Chart →
OKX logoOKXspot$0.0468KuCoin logoKuCoin$0.0468 -0.19%-0.39% -0.19%— +0.030%— 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.

LUNA price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · LUNA-USDT-SWAPPerpetual $0.0468$0.0468$0.0468+0.01% +0.030%$1.00M
KuCoin logoKuCoinPerpetual · LUNAUSDTMPerpetual $0.0468$0.0468$0.0468-0.09% +0.030%$459.6K
Bitget logoBitgetPerpetual · LUNAUSDTPerpetual $0.0468$0.0468$0.04680.00% +0.030%$207.6K
OKX logoOKXSpot · LUNA-USDTSpot $0.0468$0.0468$0.04680.00% —$131.0K
Gate logoGateSpot · LUNA_USDTSpot $0.0468$0.0468$0.0468-0.10% —$105.1K
KuCoin logoKuCoinSpot · LUNA-USDTSpot $0.0468$0.0469$0.0469+0.06% —$80.1K
Bybit logoBybitSpot · LUNAUSDTSpot $0.0468$0.0469$0.0468+0.01% —$57.0K
Bitget logoBitgetSpot · LUNAUSDTSpot $0.0468$0.0469$0.04680.00% —$16.3K
Binance logoBinanceSpot · LUNAUSDTSpot $0.0467$0.0468$0.0468-0.15% ——
MEXC logoMEXCSpot · LUNAUSDTSpot $0.0468$0.0469$0.0468+0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

LUNA arbitrage explained

Right now Terra (LUNA) trades on 7 venues we scan: 3 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Gate spot at $0.0468 and the highest bid on OKX perp at $0.0468.

The widest LUNA perpetual spread is between KuCoin and Bitget: long LUNA on KuCoin at $0.0468 and short on Bitget at $0.0468 for 0.00% gross, or -0.16% 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 LUNA route is to buy spot on Gate and short the perpetual on Bitget: +0.04% gross, -0.16% net, with +0.030% a day of funding on the short leg.

Spot–spot LUNA arbitrage (buy on Gate, withdraw, deposit and sell on OKX) shows +0.02% 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 LUNA 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: LUNA funding rates · LUNA spread charts · Terra price · arbitrage scanner for all coins.

Is there a LUNA arbitrage opportunity right now?

The best LUNA route right now is to buy on Gate spot → sell on Bitget (Spot–Perp): +0.04% gross and -0.16% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest LUNA?

Gate (spot) has the lowest LUNA ask at $0.0468, and OKX (perp) the highest bid at $0.0468. Prices update every 15 seconds on this page.

How many exchanges list LUNA?

ArbiLayer tracks 10 LUNA markets on 7 venues: 3 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage LUNA without transferring coins?

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

Arbitrage for other coins

BLAST +17.63%CRO +15.63%POWER +15.46%UPC +7.61%OPENAI +6.14%ONE +5.76%ESPORTS +5.53%FLYBRAIN +5.49%COOL +3.63%ANTHROPIC +3.46%SPCX +3.34%EGLD +3.16%ZIL +2.99%OURA +2.85%STAMP +2.77%CATE +2.72%H100 +2.33%AI +2.31%