ArbiLayer

O arbitrage

live

Live o1.exchange price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.02%KuCoin → Binance · Spot–Perp
Best perp–perp spread+0.15%KuCoin → Binance
Markets tracked139 venues · 9 perp · 4 spot · 0 DEX
Price range0.37%$0.4652 – $0.467

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoinspot$0.4659Gate logoGatespot$0.4664 +0.11%-0.09% +0.11%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.4659Bitget logoBitgetspot$0.4661 +0.04%-0.16% +0.04%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.4659MEXC logoMEXCspot$0.4658 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.4666Gate logoGatespot$0.4664 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.4669Gate logoGatespot$0.4664 -0.11%-0.31% -0.11%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.4666MEXC logoMEXCspot$0.4658 -0.17%-0.37% -0.17%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.4669Bitget logoBitgetspot$0.4661 -0.17%-0.37% -0.17%— 0.000%— LS Chart →
Gate logoGatespot$0.467Bitget logoBitgetspot$0.4661 -0.20%-0.40% -0.20%— 0.000%— LS Chart →
Gate logoGatespot$0.467MEXC logoMEXCspot$0.4658 -0.26%-0.46% -0.26%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.4666KuCoin logoKuCoinspot$0.4646 -0.43%-0.63% -0.43%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.4669KuCoin logoKuCoinspot$0.4646 -0.49%-0.69% -0.49%— 0.000%— LS Chart →
Gate logoGatespot$0.467KuCoin logoKuCoinspot$0.4646 -0.52%-0.72% -0.52%— 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.

O price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinPerpetual · OUSDTMPerpetual $0.4656$0.4662$0.4659-0.16% +0.030%$1.39M
OKX logoOKXPerpetual · O-USDT-SWAPPerpetual $0.4666$0.4667$0.46670.00% +0.030%$557.4K
Bybit logoBybitPerpetual · OUSDTPerpetual $0.4669$0.467$0.467+0.06% +0.030%$348.4K
Bitget logoBitgetPerpetual · OUSDTPerpetual $0.4663$0.4669$0.4666-0.01% +0.030%$178.7K
KuCoin logoKuCoinSpot · O-USDTSpot $0.4646$0.4659$0.4652-0.30% —$178.6K
MEXC logoMEXCPerpetual · O_USDTPerpetual $0.4666$0.4667$0.46670.00% +0.030%$129.4K
Gate logoGatePerpetual · O_USDTPerpetual $0.4664$0.4667$0.4666-0.02% +0.030%$68.9K
Bitget logoBitgetSpot · OUSDTSpot $0.4661$0.4666$0.4663-0.07% —$54.3K
Gate logoGateSpot · O_USDTSpot $0.4664$0.467$0.4667+0.01% —$36.9K
Variational logoVariationalPerpetual · OPerpetual $0.4662$0.4675$0.4669+0.04% +0.030%$397
Binance logoBinancePerpetual · OUSDTPerpetual $0.4669$0.467$0.467+0.06% +0.030%—
Aster logoAsterPerpetual · OUSDTPerpetual $0.4664$0.4674$0.4669+0.05% +0.030%—
MEXC logoMEXCSpot · OUSDTSpot $0.4658$0.4669$0.4664-0.06% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

O arbitrage explained

Right now o1.exchange (O) trades on 9 venues we scan: 9 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on KuCoin spot at $0.4659 and the highest bid on Bybit perp at $0.4669.

The widest O perpetual spread is between KuCoin and Binance: long O on KuCoin at $0.4662 and short on Binance at $0.4669 for +0.15% gross, or -0.01% 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 O route is to buy spot on KuCoin and short the perpetual on Binance: +0.22% gross, +0.02% net, with +0.030% a day of funding on the short leg.

Spot–spot O arbitrage (buy on KuCoin, withdraw, deposit and sell on Gate) shows +0.11% 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 O 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: O funding rates · O spread charts · o1.exchange price · arbitrage scanner for all coins.

Is there a O arbitrage opportunity right now?

The best O route right now is to buy on KuCoin spot → sell on Binance (Spot–Perp): +0.22% gross and +0.02% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest O?

KuCoin (spot) has the lowest O ask at $0.4659, and Bybit (perp) the highest bid at $0.4669. Prices update every 15 seconds on this page.

How many exchanges list O?

ArbiLayer tracks 13 O markets on 9 venues: 9 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage O without transferring coins?

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

Arbitrage for other coins

CRO +16.09%BLAST +15.89%POWER +15.25%ESPORTS +7.56%OPENAI +6.31%ONE +5.68%ANTHROPIC +3.42%EGLD +3.28%OURA +3.00%AI +2.69%ZIL +2.63%SPCX +2.61%APPSTOCK +2.12%LUNC +2.07%WIN +1.79%SWARM +1.71%PENGSTOCK +1.59%STG +1.56%