ArbiLayer

SSV arbitrage

live

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

Best net spread+0.04%Gate → Variational · Perp–Perp
Best perp–perp spread+0.20%Gate → Variational
Markets tracked158 venues · 8 perp · 7 spot · 0 DEX
Price range0.52%$2.80 – $2.82

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGate$2.81Variational logoVariational$2.81 +0.20%+0.04% +0.16%— -0.099%— LS Chart →
Gate logoGate$2.81Binance logoBinance$2.81 +0.14%-0.02% +0.14%— -0.019%— LS Chart →
Gate logoGate$2.81MEXC logoMEXC$2.81 +0.14%-0.02% +0.14%— -0.018%— LS Chart →
Bybit logoBybit$2.81Variational logoVariational$2.81 +0.09%-0.07% +0.07%— -0.046%— LS Chart →
Bitget logoBitget$2.81Variational logoVariational$2.81 +0.09%-0.07% +0.06%— -0.099%— LS Chart →
Gate logoGate$2.81OKX logoOKX$2.81 +0.07%-0.09% +0.07%— -0.012%— LS Chart →
OKX logoOKX$2.81Variational logoVariational$2.81 +0.05%-0.11% +0.02%— -0.087%— LS Chart →
Gate logoGate$2.81KuCoin logoKuCoin$2.81 +0.04%-0.12% +0.03%— -0.019%— LS Chart →
Bybit logoBybit$2.81Binance logoBinance$2.81 +0.04%-0.12% +0.05%— +0.034%— LS Chart →
Bybit logoBybit$2.81MEXC logoMEXC$2.81 +0.04%-0.12% +0.05%— +0.034%— LS Chart →
Bitget logoBitget$2.81Binance logoBinance$2.81 +0.04%-0.12% +0.03%— -0.019%— LS Chart →
Bitget logoBitget$2.81MEXC logoMEXC$2.81 +0.04%-0.12% +0.03%— -0.018%— LS Chart →
Binance logoBinance$2.81Variational logoVariational$2.81 +0.02%-0.14% -0.01%— -0.080%— LS Chart →
MEXC logoMEXC$2.81Variational logoVariational$2.81 +0.02%-0.14% -0.01%— -0.080%— LS Chart →
Gate logoGate$2.81Bybit logoBybit$2.81 0.00%-0.16% -0.02%— -0.053%— 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.

SSV price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · SSV-USDT-SWAPPerpetual $2.81$2.81$2.81-0.12% +0.018%$529.3K
Bybit logoBybitPerpetual · SSVUSDTPerpetual $2.81$2.81$2.81-0.18% -0.023%$287.2K
OKX logoOKXSpot · SSV-USDTSpot $2.81$2.81$2.81+0.04% —$199.1K
Gate logoGatePerpetual · SSV_USDTPerpetual $2.80$2.81$2.80-0.25% +0.030%$150.2K
MEXC logoMEXCPerpetual · SSV_USDTPerpetual $2.81$2.81$2.81-0.07% +0.012%$148.6K
Bitget logoBitgetPerpetual · SSVUSDTPerpetual $2.81$2.81$2.81-0.18% +0.030%$129.1K
KuCoin logoKuCoinPerpetual · SSVUSDTMPerpetual $2.81$2.81$2.81-0.09% +0.011%$108.1K
Gate logoGateSpot · SSV_USDTSpot $2.81$2.82$2.82+0.12% —$60.6K
Bitget logoBitgetSpot · SSVUSDTSpot $2.82$2.82$2.82+0.27% —$53.4K
Bybit logoBybitSpot · SSVUSDTSpot $2.81$2.81$2.810.00% —$43.9K
KuCoin logoKuCoinSpot · SSV-USDTSpot $2.81$2.81$2.81+0.02% —$27.5K
Variational logoVariationalPerpetual · SSVPerpetual $2.81$2.82$2.81+0.11% -0.069%$1.8K
Binance logoBinancePerpetual · SSVUSDTPerpetual $2.81$2.81$2.81-0.07% +0.011%—
Binance logoBinanceSpot · SSVUSDTSpot $2.81$2.81$2.81+0.04% ——
MEXC logoMEXCSpot · SSVUSDTSpot $2.81$2.82$2.81+0.09% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SSV arbitrage explained

Right now SSV Network (SSV) trades on 8 venues we scan: 8 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $2.81 and the highest bid on Bitget spot at $2.82.

The widest SSV perpetual spread is between Gate and Variational: long SSV on Gate at $2.81 and short on Variational at $2.81 for +0.20% gross, or +0.04% 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 -0.099% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best SSV route is to buy spot on Bybit and short the perpetual on Variational: -0.09% gross, -0.29% net, with -0.069% a day of funding on the short leg.

Spot–spot SSV arbitrage (buy on Bybit, withdraw, deposit and sell on Bitget) shows +0.11% 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 SSV 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: SSV funding rates · SSV spread charts · SSV Network price · arbitrage scanner for all coins.

Is there a SSV arbitrage opportunity right now?

The best SSV route right now is to buy on Gate → sell on Variational (Perp–Perp): +0.20% gross and +0.04% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest SSV?

Gate (perp) has the lowest SSV ask at $2.81, and Bitget (spot) the highest bid at $2.82. Prices update every 15 seconds on this page.

How many exchanges list SSV?

ArbiLayer tracks 15 SSV markets on 8 venues: 8 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage SSV without transferring coins?

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

Arbitrage for other coins