ArbiLayer

SPCH arbitrage

live

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

Best net spread-0.10%OKX → Bybit · Perp–Perp
Best perp–perp spread+0.06%OKX → Bybit
Markets tracked55 venues · 5 perp · 0 spot · 0 DEX
Price range0.11%$12.42 – $12.44

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
OKX logoOKX$12.42Bybit logoBybit$12.43 +0.06%-0.10% +0.10%— +0.119%— LS Chart →
Bitget logoBitget$12.44Bybit logoBybit$12.43 -0.05%-0.21% -0.04%— +0.039%— LS Chart →
OKX logoOKX$12.42Bitget logoBitget$12.42 -0.05%-0.21% -0.02%— +0.080%— LS Chart →
Gate logoGate$12.44Bybit logoBybit$12.43 -0.10%-0.26% -0.10%— 0.000%— LS Chart →
Bitget logoBitget$12.44OKX logoOKX$12.42 -0.11%-0.27% -0.14%— -0.080%— LS Chart →
OKX logoOKX$12.42Gate logoGate$12.41 -0.13%-0.29% -0.09%— +0.119%-2.39% LS Chart →
OKX logoOKX$12.42HTX logoHTX$12.41 -0.14%-0.30% -0.10%— +0.119%— LS Chart →
HTX logoHTX$12.45Bybit logoBybit$12.43 -0.14%-0.30% -0.14%— 0.000%— LS Chart →
Bybit logoBybit$12.44OKX logoOKX$12.42 -0.16%-0.32% -0.20%— -0.119%— LS Chart →
Gate logoGate$12.44OKX logoOKX$12.42 -0.16%-0.32% -0.20%— -0.119%+2.39% LS Chart →
Bybit logoBybit$12.44Bitget logoBitget$12.42 -0.20%-0.36% -0.21%— -0.039%— LS Chart →
Gate logoGate$12.44Bitget logoBitget$12.42 -0.20%-0.36% -0.21%— -0.039%— LS Chart →
HTX logoHTX$12.45OKX logoOKX$12.42 -0.21%-0.37% -0.25%— -0.119%— LS Chart →
Bitget logoBitget$12.44Gate logoGate$12.41 -0.23%-0.39% -0.22%— +0.039%— LS Chart →
Bitget logoBitget$12.44HTX logoHTX$12.41 -0.24%-0.40% -0.23%— +0.039%— 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.

SPCH price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bitget logoBitgetPerpetual · SPCHUSDTPerpetual $12.42$12.44$12.430.00% -0.039%$966.6K
OKX logoOKXPerpetual · SPCH-USDT-SWAPPerpetual $12.42$12.42$12.42-0.03% -0.119%$596.6K
Bybit logoBybitPerpetual · SPCHUSDTPerpetual $12.43$12.44$12.44+0.08% 0.000%$585.2K
HTX logoHTXPerpetual · SPCH-USDTPerpetual $12.41$12.45$12.43+0.00% 0.000%$188.3K
Gate logoGatePerpetual · SPCH_USDTPerpetual $12.41$12.44$12.43-0.02% 0.000%$10.6K
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SPCH arbitrage explained

Right now SPCH trades on 5 venues we scan: 5 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $12.42 and the highest bid on Bybit perp at $12.43.

The widest SPCH perpetual spread is between OKX and Bybit: long SPCH on OKX at $12.42 and short on Bybit at $12.43 for +0.06% gross, or -0.10% 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 +0.119% per day, which the position collects while it is open.

Small SPCH 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: SPCH funding rates · SPCH spread charts · arbitrage scanner for all coins.

Is there a SPCH arbitrage opportunity right now?

The best SPCH route right now is to buy on OKX → sell on Bybit (Perp–Perp): +0.06% gross and -0.10% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest SPCH?

OKX (perp) has the lowest SPCH ask at $12.42, and Bybit (perp) the highest bid at $12.43. Prices update every 15 seconds on this page.

How many exchanges list SPCH?

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

How do I arbitrage SPCH without transferring coins?

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

Arbitrage for other coins