ArbiLayer

ORDER arbitrage

live

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

Best net spread-0.02%KuCoin → Gate · Perp–Perp
Best perp–perp spread+0.14%KuCoin → Gate
Markets tracked138 venues · 8 perp · 5 spot · 0 DEX
Price range0.40%$0.0361 – $0.0362

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoin$0.0361Gate logoGate$0.0362 +0.14%-0.02% +0.14%— 0.000%— LS Chart →
Bybit logoBybit$0.0362Gate logoGate$0.0362 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
Bitget logoBitget$0.0362Gate logoGate$0.0362 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0361Binance logoBinance$0.0362 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0361MEXC logoMEXC$0.0362 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0361OKX logoOKX$0.0362 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Binance logoBinance$0.0362Gate logoGate$0.0362 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
MEXC logoMEXC$0.0362Gate logoGate$0.0362 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
OKX logoOKX$0.0362Gate logoGate$0.0362 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
Bybit logoBybit$0.0362Binance logoBinance$0.0362 0.00%-0.16% -0.01%— 0.000%— LS Chart →
Bybit logoBybit$0.0362MEXC logoMEXC$0.0362 0.00%-0.16% -0.01%— 0.000%— LS Chart →
Bybit logoBybit$0.0362OKX logoOKX$0.0362 0.00%-0.16% -0.01%— 0.000%— LS Chart →
Bitget logoBitget$0.0362Binance logoBinance$0.0362 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bitget logoBitget$0.0362MEXC logoMEXC$0.0362 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bitget logoBitget$0.0362OKX logoOKX$0.0362 0.00%-0.16% 0.00%— 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.

ORDER price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · ORDERUSDTPerpetual $0.0361$0.0362$0.0362-0.03% +0.030%$366.0K
OKX logoOKXPerpetual · ORDER-USDT-SWAPPerpetual $0.0362$0.0362$0.0362+0.03% +0.030%$131.0K
Bybit logoBybitSpot · ORDERUSDTSpot $0.0362$0.0362$0.03620.00% —$103.5K
MEXC logoMEXCPerpetual · ORDER_USDTPerpetual $0.0362$0.0362$0.0362+0.03% +0.030%$100.3K
Bitget logoBitgetPerpetual · ORDERUSDTPerpetual $0.0361$0.0362$0.0361-0.07% +0.030%$78.1K
Gate logoGatePerpetual · ORDER_USDTPerpetual $0.0362$0.0362$0.0362+0.10% +0.030%$48.7K
KuCoin logoKuCoinPerpetual · ORDERUSDTMPerpetual $0.036$0.0361$0.0361-0.25% +0.030%$34.5K
Bitget logoBitgetSpot · ORDERUSDTSpot $0.0361$0.0362$0.03620.00% —$28.5K
KuCoin logoKuCoinSpot · ORDER-USDTSpot $0.0361$0.0362$0.0362-0.01% —$14.7K
Gate logoGateSpot · ORDER_USDTSpot $0.0361$0.0362$0.0362+0.01% —$13.1K
Variational logoVariationalPerpetual · ORDERPerpetual $0.0361$0.0362$0.0362-0.03% +0.030%$759
Binance logoBinancePerpetual · ORDERUSDTPerpetual $0.0362$0.0362$0.0362+0.03% +0.030%—
MEXC logoMEXCSpot · ORDERUSDTSpot $0.0359$0.0362$0.0361-0.30% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

ORDER arbitrage explained

Right now Orderly (ORDER) trades on 8 venues we scan: 8 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on KuCoin perp at $0.0361 and the highest bid on Gate perp at $0.0362.

The widest ORDER perpetual spread is between KuCoin and Gate: long ORDER on KuCoin at $0.0361 and short on Gate at $0.0362 for +0.14% gross, or -0.02% 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 ORDER route is to buy spot on Bybit and short the perpetual on Gate: +0.06% gross, -0.14% net, with +0.030% a day of funding on the short leg.

Spot–spot ORDER arbitrage (buy on Bitget, withdraw, deposit and sell on Bybit) shows -0.08% 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 ORDER 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: ORDER funding rates · ORDER spread charts · Orderly price · arbitrage scanner for all coins.

Is there a ORDER arbitrage opportunity right now?

The best ORDER route right now is to buy on KuCoin → sell on Gate (Perp–Perp): +0.14% gross and -0.02% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest ORDER?

KuCoin (perp) has the lowest ORDER ask at $0.0361, and Gate (perp) the highest bid at $0.0362. Prices update every 15 seconds on this page.

How many exchanges list ORDER?

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

How do I arbitrage ORDER without transferring coins?

Use two perpetual contracts: go long ORDER on the cheaper exchange (KuCoin 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

POWER +16.59%CRO +16.48%ESPORTS +8.39%BDX +7.49%ONE +6.90%UPC +6.70%OPENAI +6.29%AI +4.91%SPCX +3.48%ANTHROPIC +3.42%OURA +3.08%H100 +3.08%OKB +2.98%ZIL +2.87%EGLD +2.79%SNEK +2.57%CATE +2.38%COOL +2.22%