ArbiLayer

PI arbitrage

live

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

Best net spread-0.05%Bitget → Gate · Perp–Perp
Best perp–perp spread+0.11%Bitget → Gate
Markets tracked84 venues · 4 perp · 4 spot · 0 DEX
Price range0.22%$0.0823 – $0.0825

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bitget logoBitgetspot$0.0824MEXC logoMEXCspot$0.0825 +0.04%-0.16% +0.04%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.0824Gate logoGatespot$0.0824 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
OKX logoOKXspot$0.0825MEXC logoMEXCspot$0.0825 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.0824OKX logoOKXspot$0.0824 0.00%-0.20% 0.00%— 0.000%— LS Chart →
OKX logoOKXspot$0.0825Gate logoGatespot$0.0824 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Gate logoGatespot$0.0825MEXC logoMEXCspot$0.0825 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
OKX logoOKXspot$0.0825Bitget logoBitgetspot$0.0824 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0825Gate logoGatespot$0.0824 -0.08%-0.28% -0.08%— 0.000%— LS Chart →
Gate logoGatespot$0.0825OKX logoOKXspot$0.0824 -0.08%-0.28% -0.08%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0825OKX logoOKXspot$0.0824 -0.10%-0.30% -0.10%— 0.000%— LS Chart →
Gate logoGatespot$0.0825Bitget logoBitgetspot$0.0824 -0.11%-0.31% -0.11%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0825Bitget logoBitgetspot$0.0824 -0.12%-0.32% -0.12%— 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.

PI price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · PI_USDTPerpetual $0.0824$0.0825$0.0825+0.03% +0.030%$29.21M
OKX logoOKXPerpetual · PI-USDT-SWAPPerpetual $0.0823$0.0823$0.0823-0.15% +0.030%$5.42M
OKX logoOKXSpot · PI-USDTSpot $0.0824$0.0825$0.0824+0.02% —$3.76M
Bitget logoBitgetPerpetual · PIUSDTPerpetual $0.0823$0.0823$0.0823-0.14% +0.030%$3.22M
MEXC logoMEXCPerpetual · PI_USDTPerpetual $0.0823$0.0823$0.0823-0.14% +0.014%$1.66M
Gate logoGateSpot · PI_USDTSpot $0.0824$0.0825$0.0825+0.05% —$1.47M
Bitget logoBitgetSpot · PIUSDTSpot $0.0824$0.0824$0.0824-0.02% —$769.8K
MEXC logoMEXCSpot · PIUSDTSpot $0.0825$0.0825$0.0825+0.06% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

PI arbitrage explained

Right now Pi Network (PI) trades on 4 venues we scan: 4 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $0.0823 and the highest bid on MEXC spot at $0.0825.

The widest PI perpetual spread is between Bitget and Gate: long PI on Bitget at $0.0823 and short on Gate at $0.0824 for +0.11% gross, or -0.05% 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 PI route is to buy spot on Bitget and short the perpetual on Gate: -0.02% gross, -0.22% net, with +0.030% a day of funding on the short leg.

Spot–spot PI arbitrage (buy on Bitget, withdraw, deposit and sell on MEXC) shows +0.04% 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 PI 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: PI funding rates · PI spread charts · Pi Network price · arbitrage scanner for all coins.

Is there a PI arbitrage opportunity right now?

The best PI route right now is to buy on Bitget → sell on Gate (Perp–Perp): +0.11% gross and -0.05% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest PI?

OKX (perp) has the lowest PI ask at $0.0823, and MEXC (spot) the highest bid at $0.0825. Prices update every 15 seconds on this page.

How many exchanges list PI?

ArbiLayer tracks 8 PI markets on 4 venues: 4 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage PI without transferring coins?

Use two perpetual contracts: go long PI on the cheaper exchange (Bitget 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

CRO +17.74%BLAST +17.19%POWER +14.48%OKB +13.63%ESPORTS +6.39%C98 +6.37%BDX +6.27%OPENAI +6.10%BP +5.56%FLYBRAIN +5.06%AXS +4.18%ONE +3.94%AI +3.80%ANTHROPIC +3.42%H100 +3.14%SPCX +3.07%ZIL +2.95%EGLD +2.95%