ArbiLayer

PYUSD arbitrage

live

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

Best net spread-0.17%Gate → OKX · Spot–Spot
Best perp–perp spread—no perp pair
Markets tracked55 venues · 0 perp · 5 spot · 0 DEX
Price range0.05%$0.9997 – $1.00

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$0.9997OKX logoOKXspot$1.00 +0.03%-0.17% +0.03%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.9997OKX logoOKXspot$1.00 +0.03%-0.17% +0.03%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.9998OKX logoOKXspot$1.00 +0.02%-0.18% +0.02%— 0.000%— LS Chart →
Bybit logoBybitspot$0.9999OKX logoOKXspot$1.00 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
Gate logoGatespot$0.9997Bybit logoBybitspot$0.9997 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$0.9997Bitget logoBitgetspot$0.9997 0.00%-0.20% 0.00%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.9997Bybit logoBybitspot$0.9997 0.00%-0.20% 0.00%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.9997Bitget logoBitgetspot$0.9997 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.9998Bybit logoBybitspot$0.9997 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
Gate logoGatespot$0.9997KuCoin logoKuCoinspot$0.9996 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.9997Gate logoGatespot$0.9996 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
Bybit logoBybitspot$0.9999Bitget logoBitgetspot$0.9997 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.9998Gate logoGatespot$0.9996 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.9998KuCoin logoKuCoinspot$0.9996 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Bybit logoBybitspot$0.9999Gate logoGatespot$0.9996 -0.03%-0.23% -0.03%— 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.

PYUSD price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitSpot · PYUSDUSDTSpot $0.9997$0.9999$0.9998+0.01% —$317.1K
OKX logoOKXSpot · PYUSD-USDTSpot $1.00$1.00$1.00+0.04% —$201.4K
KuCoin logoKuCoinSpot · PYUSD-USDTSpot $0.9996$0.9997$0.9997-0.01% —$36.4K
Bitget logoBitgetSpot · PYUSDUSDTSpot $0.9997$0.9998$0.99980.00% —$24.3K
Gate logoGateSpot · PYUSD_USDTSpot $0.9996$0.9997$0.9997-0.01% —$14.7K
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

PYUSD arbitrage explained

Right now PayPal USD (PYUSD) trades on 5 venues we scan: 0 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on KuCoin spot at $0.9997 and the highest bid on OKX spot at $1.00.

Spot–spot PYUSD arbitrage (buy on Gate, withdraw, deposit and sell on OKX) shows +0.03% 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 PYUSD 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: PYUSD funding rates · PYUSD spread charts · PayPal USD price · arbitrage scanner for all coins.

Is there a PYUSD arbitrage opportunity right now?

The best PYUSD route right now is to buy on Gate spot → sell on OKX spot (Spot–Spot): +0.03% gross and -0.17% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest PYUSD?

KuCoin (spot) has the lowest PYUSD ask at $0.9997, and OKX (spot) the highest bid at $1.00. Prices update every 15 seconds on this page.

How many exchanges list PYUSD?

ArbiLayer tracks 5 PYUSD markets on 5 venues: 0 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage PYUSD without transferring coins?

Open a long perpetual on the cheaper exchange and a short on the more expensive one, then close both when the prices converge. PYUSD currently has fewer than two perpetual venues in the scanner.

Arbitrage for other coins

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