ArbiLayer

ONE arbitrage

live

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

Best net spread+7.83%OKX → Variational · Perp–Perp
Best perp–perp spread+7.99%OKX → Variational
Markets tracked138 venues · 8 perp · 5 spot · 0 DEX
Price range17.92%$0.001783 – $0.00217

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
OKX logoOKX$0.001998Variational logoVariational$0.002158 +7.99%+7.83% +7.96%— -0.188%— LS Chart →
Gate logoGate$0.001999Variational logoVariational$0.002158 +7.95%+7.79% +8.03%— +0.145%— LS Chart →
OKX logoOKX$0.001998KuCoin logoKuCoin$0.002099 +5.03%+4.87% +5.09%— +1.324%+4.43% LS Chart →
Gate logoGate$0.001999KuCoin logoKuCoin$0.002099 +5.00%+4.84% +5.16%— +1.657%+12.26% LS Chart →
KuCoin logoKuCoin$0.002102Binance logoBinance$0.002161 +2.82%+2.66% +2.73%— -1.530%-48.31% LS Chart →
KuCoin logoKuCoin$0.002102MEXC logoMEXC$0.002161 +2.81%+2.65% +2.72%— -1.531%-5.56% LS Chart →
KuCoin logoKuCoin$0.002102Aster logoAster$0.00216 +2.75%+2.59% +2.67%— -1.512%-47.12% LS Chart →
KuCoin logoKuCoin$0.002102Bitget logoBitget$0.002159 +2.72%+2.56% +2.61%— -1.627%-5.05% LS Chart →
KuCoin logoKuCoin$0.002102Variational logoVariational$0.002158 +2.66%+2.50% +2.58%— -1.512%— LS Chart →
Bitget logoBitget$0.00216Binance logoBinance$0.002161 +0.06%-0.10% +0.08%— +0.097%-43.26% LS Chart →
Bitget logoBitget$0.00216MEXC logoMEXC$0.002161 +0.06%-0.10% +0.07%— +0.097%-0.51% LS Chart →
MEXC logoMEXC$0.002161Binance logoBinance$0.002161 +0.00%-0.16% +0.00%— +0.001%-42.75% LS Chart →
Bitget logoBitget$0.00216Aster logoAster$0.00216 0.00%-0.16% +0.02%— +0.115%-42.07% LS Chart →
OKX logoOKX$0.001998Gate logoGate$0.001998 -0.02%-0.18% -0.13%— -0.334%-7.83% LS Chart →
Binance logoBinance$0.002162MEXC logoMEXC$0.002161 -0.03%-0.19% -0.03%— -0.001%+42.75% 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.

ONE price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · ONE_USDTPerpetual $0.001998$0.001999$0.001999-7.45% -0.304%$27.11M
OKX logoOKXPerpetual · ONE-USDT-SWAPPerpetual $0.001997$0.001998$0.001998-7.48% +0.030%$4.29M
Bitget logoBitgetPerpetual · ONEUSDTPerpetual $0.002159$0.00216$0.0021590.00% -0.274%$1.36M
MEXC logoMEXCPerpetual · ONE_USDTPerpetual $0.002161$0.002161$0.002161+0.07% -0.177%$1.06M
OKX logoOKXSpot · ONE-USDTSpot $0.001994$0.001996$0.001995-7.62% —$585.0K
KuCoin logoKuCoinPerpetual · ONEUSDTMPerpetual $0.002099$0.002102$0.002101-2.73% +1.354%$257.6K
KuCoin logoKuCoinSpot · ONE-USDTSpot $0.001777$0.001788$0.001783-17.46% —$245.1K
Gate logoGateSpot · ONE_USDTSpot $0.001873$0.001876$0.001875-13.19% —$201.4K
Variational logoVariationalPerpetual · ONEPerpetual $0.002158$0.002162$0.00216+0.03% -0.158%$10.9K
Binance logoBinancePerpetual · ONEUSDTPerpetual $0.002161$0.002162$0.002161+0.09% -0.176%—
Aster logoAsterPerpetual · ONEUSDTPerpetual $0.00216$0.002163$0.002162+0.09% -0.158%—
Binance logoBinanceSpot · ONEUSDTSpot $0.002169$0.00217$0.00217+0.47% ——
MEXC logoMEXCSpot · ONEUSDTSpot $0.00216$0.002176$0.002168+0.38% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

ONE arbitrage explained

Right now ONEchain (ONE) trades on 8 venues we scan: 8 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on KuCoin spot at $0.001788 and the highest bid on Binance spot at $0.002169.

The widest ONE perpetual spread is between OKX and Variational: long ONE on OKX at $0.001998 and short on Variational at $0.002158 for +7.99% gross, or +7.83% 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 -0.188% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best ONE route is to buy spot on Gate and short the perpetual on Gate: +6.49% gross, +6.29% net, with -0.304% a day of funding on the short leg.

Spot–spot ONE arbitrage (buy on Gate, withdraw, deposit and sell on OKX) shows +6.28% 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 ONE 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: ONE funding rates · ONE spread charts · ONEchain price · arbitrage scanner for all coins.

Is there a ONE arbitrage opportunity right now?

The best ONE route right now is to buy on OKX → sell on Variational (Perp–Perp): +7.99% gross and +7.83% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest ONE?

KuCoin (spot) has the lowest ONE ask at $0.001788, and Binance (spot) the highest bid at $0.002169. Prices update every 15 seconds on this page.

How many exchanges list ONE?

ArbiLayer tracks 13 ONE markets on 8 venues: 8 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage ONE without transferring coins?

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

Arbitrage for other coins