ArbiLayer

NPC arbitrage

live

Live Non-Playable Coin price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.11%MEXC → Bitget · Spot–Spot
Best perp–perp spread-0.75%MEXC → KuCoin
Markets tracked64 venues · 2 perp · 4 spot · 0 DEX
Price range0.49%$0.0216 – $0.0217

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
MEXC logoMEXCspot$0.0216KuCoin logoKuCoin$0.0216 -0.34%-0.54% -0.34%— +0.030%+1.38% LS Chart →
KuCoin logoKuCoinspot$0.0217KuCoin logoKuCoin$0.0216 -0.35%-0.55% -0.34%— +0.030%+1.38% LS Chart →
Gate logoGatespot$0.0217KuCoin logoKuCoin$0.0216 -0.37%-0.57% -0.36%— +0.030%+1.38% LS Chart →
Bitget logoBitgetspot$0.0217KuCoin logoKuCoin$0.0216 -0.51%-0.71% -0.51%— +0.030%+1.38% LS Chart →
MEXC logoMEXCspot$0.0216MEXC logoMEXC$0.0214 -1.12%-1.32% -1.12%— -0.003%+0.77% LS Chart →
KuCoin logoKuCoinspot$0.0217MEXC logoMEXC$0.0214 -1.12%-1.32% -1.12%— -0.003%+0.77% LS Chart →
Gate logoGatespot$0.0217MEXC logoMEXC$0.0214 -1.15%-1.35% -1.15%— -0.003%+0.77% LS Chart →
Bitget logoBitgetspot$0.0217MEXC logoMEXC$0.0214 -1.29%-1.49% -1.29%— -0.003%+0.77% 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.

NPC price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinSpot · NPC-USDTSpot $0.0216$0.0217$0.0216+0.02% —$662.5K
KuCoin logoKuCoinPerpetual · NPCUSDTMPerpetual $0.0216$0.0217$0.0217+0.07% +0.030%$391.9K
Gate logoGateSpot · NPC_USDTSpot $0.0216$0.0217$0.0216-0.11% —$283.0K
Bitget logoBitgetSpot · NPCUSDTSpot $0.0217$0.0217$0.0217+0.20% —$194.2K
MEXC logoMEXCPerpetual · NPC_USDTPerpetual $0.0214$0.0217$0.0216-0.29% -0.003%$102.0K
MEXC logoMEXCSpot · NPCUSDTSpot $0.0216$0.0216$0.0216-0.02% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

NPC arbitrage explained

Right now Non-Playable Coin (NPC) trades on 4 venues we scan: 2 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on MEXC spot at $0.0216 and the highest bid on Bitget spot at $0.0217.

The widest NPC perpetual spread is between MEXC and KuCoin: long NPC on MEXC at $0.0217 and short on KuCoin at $0.0216 for -0.75% gross, or -0.91% 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 +0.033% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best NPC route is to buy spot on MEXC and short the perpetual on KuCoin: -0.34% gross, -0.54% net, with +0.030% a day of funding on the short leg.

Spot–spot NPC arbitrage (buy on MEXC, withdraw, deposit and sell on Bitget) shows +0.09% 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 NPC 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: NPC funding rates · NPC spread charts · Non-Playable Coin price · arbitrage scanner for all coins.

Is there a NPC arbitrage opportunity right now?

The best NPC route right now is to buy on MEXC spot → sell on Bitget spot (Spot–Spot): +0.09% gross and -0.11% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest NPC?

MEXC (spot) has the lowest NPC ask at $0.0216, and Bitget (spot) the highest bid at $0.0217. Prices update every 15 seconds on this page.

How many exchanges list NPC?

ArbiLayer tracks 6 NPC markets on 4 venues: 2 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage NPC without transferring coins?

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

Arbitrage for other coins