ArbiLayer

SATS arbitrage

live

Live SATS (Ordinals) price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.19%Gate → OKX · Spot–Spot
Best perp–perp spread+0.32%Gate → Bitget
Markets tracked137 venues · 7 perp · 6 spot · 0 DEX
Price range0.54%$0.00000001 – $0.00000001

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGate$0.00000001Bitget logoBitget$0.00000001 +0.32%+0.16% +0.32%— 0.000%— LS Chart →
Gate logoGate$0.00000001Bybit logoBybit$0.00000001 +0.20%+0.04% +0.20%— 0.000%— LS Chart →
OKX logoOKX$0.00000001Bitget logoBitget$0.00000001 +0.19%+0.03% +0.19%— +0.023%— LS Chart →
Gate logoGate$0.00000001Binance logoBinance$0.00000001 +0.16%+0.00% +0.16%— 0.000%— LS Chart →
MEXC logoMEXC$0.00000001Bitget logoBitget$0.00000001 +0.16%+0.00% +0.16%— +0.014%— LS Chart →
KuCoin logoKuCoin$0.00000001Bitget logoBitget$0.00000001 +0.16%+0.00% +0.16%— 0.000%— LS Chart →
Gate logoGate$0.00000001MEXC logoMEXC$0.00000001 +0.08%-0.08% +0.08%— -0.014%— LS Chart →
Gate logoGate$0.00000001OKX logoOKX$0.00000001 +0.08%-0.08% +0.08%— -0.023%— LS Chart →
Gate logoGate$0.00000001KuCoin logoKuCoin$0.00000001 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
Binance logoBinance$0.00000001Bitget logoBitget$0.00000001 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
OKX logoOKX$0.00000001Bybit logoBybit$0.00000001 +0.07%-0.09% +0.07%— +0.023%— LS Chart →
Bybit logoBybit$0.00000001Bitget logoBitget$0.00000001 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
MEXC logoMEXC$0.00000001Bybit logoBybit$0.00000001 +0.04%-0.12% +0.04%— +0.014%— LS Chart →
KuCoin logoKuCoin$0.00000001Bybit logoBybit$0.00000001 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
OKX logoOKX$0.00000001Binance logoBinance$0.00000001 +0.03%-0.13% +0.03%— +0.023%— 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.

SATS price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · SATS-USDT-SWAPPerpetual $0.00000001$0.00000001$0.00000001-0.02% +0.007%$410.1K
Gate logoGatePerpetual · SATS_USDTPerpetual $0.00000001$0.00000001$0.00000001-0.16% +0.030%$401.3K
Bybit logoBybitPerpetual · 10000SATSUSDTPerpetual $0.00000001$0.00000001$0.00000001+0.11% +0.030%$154.9K
OKX logoOKXSpot · SATS-USDTSpot $0.00000001$0.00000001$0.00000001+0.30% —$128.0K
MEXC logoMEXCPerpetual · SATS_USDTPerpetual $0.00000001$0.00000001$0.000000010.00% +0.016%$87.9K
Bitget logoBitgetPerpetual · 1000SATSUSDTPerpetual $0.00000001$0.00000001$0.00000001+0.24% +0.030%$51.8K
Gate logoGateSpot · SATS_USDTSpot $0.00000001$0.00000001$0.00000001-0.17% —$33.2K
KuCoin logoKuCoinPerpetual · 10000SATSUSDTMPerpetual $0.00000001$0.00000001$0.000000010.00% +0.030%$21.4K
Bybit logoBybitSpot · SATSUSDTSpot $0.00000001$0.00000001$0.00000001-0.05% —$15.5K
KuCoin logoKuCoinSpot · SATS-USDTSpot $0.00000001$0.00000001$0.00000001-0.24% —$9.7K
Binance logoBinancePerpetual · 1000SATSUSDTPerpetual $0.00000001$0.00000001$0.00000001+0.08% +0.030%—
Binance logoBinanceSpot · 1000SATSUSDTSpot $0.00000001$0.00000001$0.00000001+0.20% ——
MEXC logoMEXCSpot · SATSUSDTSpot $0.00000001$0.00000001$0.00000001+0.28% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SATS arbitrage explained

Right now SATS (Ordinals) (SATS) trades on 7 venues we scan: 7 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.00000001 and the highest bid on OKX spot at $0.00000001.

The widest SATS perpetual spread is between Gate and Bitget: long SATS on Gate at $0.00000001 and short on Bitget at $0.00000001 for +0.32% gross, or +0.16% 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 SATS route is to buy spot on Gate and short the perpetual on Bitget: +0.32% gross, +0.12% net, with +0.030% a day of funding on the short leg.

Spot–spot SATS arbitrage (buy on Gate, withdraw, deposit and sell on OKX) shows +0.39% 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 SATS 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: SATS funding rates · SATS spread charts · SATS (Ordinals) price · arbitrage scanner for all coins.

Is there a SATS arbitrage opportunity right now?

The best SATS route right now is to buy on Gate spot → sell on OKX spot (Spot–Spot): +0.39% gross and +0.19% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest SATS?

Gate (perp) has the lowest SATS ask at $0.00000001, and OKX (spot) the highest bid at $0.00000001. Prices update every 15 seconds on this page.

How many exchanges list SATS?

ArbiLayer tracks 13 SATS markets on 7 venues: 7 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage SATS without transferring coins?

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

Arbitrage for other coins