ArbiLayer

STABLE arbitrage

live

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

Best net spread+0.01%Bybit → Binance · Spot–Perp
Best perp–perp spread+0.07%Gate → Binance
Markets tracked1510 venues · 10 perp · 5 spot · 0 DEX
Price range0.32%$0.028 – $0.0281

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGate$0.0281Binance logoBinance$0.0281 +0.07%-0.09% +0.08%— +0.044%— LS Chart →
Gate logoGate$0.0281Bitget logoBitget$0.0281 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
Gate logoGate$0.0281MEXC logoMEXC$0.0281 +0.07%-0.09% +0.08%— +0.043%— LS Chart →
Gate logoGate$0.0281OKX logoOKX$0.0281 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
Hyperliquid logoHyperliquid$0.0281Binance logoBinance$0.0281 +0.05%-0.11% +0.06%— +0.044%— LS Chart →
Hyperliquid logoHyperliquid$0.0281Bitget logoBitget$0.0281 +0.05%-0.11% +0.06%— 0.000%— LS Chart →
Hyperliquid logoHyperliquid$0.0281MEXC logoMEXC$0.0281 +0.05%-0.11% +0.06%— +0.043%— LS Chart →
Hyperliquid logoHyperliquid$0.0281OKX logoOKX$0.0281 +0.05%-0.11% +0.06%— 0.000%— LS Chart →
Gate logoGate$0.0281KuCoin logoKuCoin$0.0281 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
Variational logoVariational$0.0281Binance logoBinance$0.0281 +0.04%-0.12% +0.04%— +0.044%— LS Chart →
Variational logoVariational$0.0281Bitget logoBitget$0.0281 +0.04%-0.12% +0.04%— +0.000%— LS Chart →
Variational logoVariational$0.0281MEXC logoMEXC$0.0281 +0.04%-0.12% +0.04%— +0.043%— LS Chart →
Variational logoVariational$0.0281OKX logoOKX$0.0281 +0.04%-0.12% +0.04%— +0.000%— LS Chart →
Hyperliquid logoHyperliquid$0.0281KuCoin logoKuCoin$0.0281 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Bybit logoBybit$0.0281Binance logoBinance$0.0281 0.00%-0.16% -0.01%— -0.052%— 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.

STABLE price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · STABLEUSDTPerpetual $0.0281$0.0281$0.0281+0.04% +0.125%$949.5K
Bybit logoBybitSpot · STABLEUSDTSpot $0.028$0.0281$0.028-0.18% —$568.5K
OKX logoOKXPerpetual · STABLE-USDT-SWAPPerpetual $0.0281$0.0281$0.0281+0.12% +0.030%$501.4K
Bitget logoBitgetSpot · STABLEUSDTSpot $0.0281$0.0281$0.0281-0.04% —$210.2K
Bitget logoBitgetPerpetual · STABLEUSDTPerpetual $0.0281$0.0281$0.0281+0.14% +0.030%$173.4K
Hyperliquid logoHyperliquidPerpetual · STABLEPerpetual $0.028$0.0281$0.0281-0.07% +0.030%$164.0K
MEXC logoMEXCPerpetual · STABLE_USDTPerpetual $0.0281$0.0281$0.0281+0.11% +0.073%$162.7K
KuCoin logoKuCoinPerpetual · STABLEUSDTMPerpetual $0.0281$0.0281$0.0281+0.07% +0.030%$59.0K
KuCoin logoKuCoinSpot · STABLE-USDTSpot $0.0281$0.0281$0.0281-0.04% —$54.1K
Gate logoGateSpot · STABLE_USDTSpot $0.0281$0.0281$0.0281-0.04% —$53.0K
Variational logoVariationalPerpetual · STABLEPerpetual $0.028$0.0281$0.0281-0.11% +0.030%$16.6K
Gate logoGatePerpetual · STABLE_USDTPerpetual $0.0281$0.0281$0.02810.00% +0.030%$11.1K
Binance logoBinancePerpetual · STABLEUSDTPerpetual $0.0281$0.0281$0.0281+0.11% +0.074%—
Aster logoAsterPerpetual · STABLEUSDTPerpetual $0.0281$0.0281$0.0281+0.09% +0.030%—
MEXC logoMEXCSpot · STABLEUSDTSpot $0.028$0.0281$0.028-0.18% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

STABLE arbitrage explained

Right now ​​Stable (STABLE) trades on 10 venues we scan: 10 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Bybit spot at $0.0281 and the highest bid on OKX perp at $0.0281.

The widest STABLE perpetual spread is between Gate and Binance: long STABLE on Gate at $0.0281 and short on Binance at $0.0281 for +0.07% gross, or -0.09% 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 +0.044% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best STABLE route is to buy spot on Bybit and short the perpetual on Binance: +0.21% gross, +0.01% net, with +0.074% a day of funding on the short leg.

Spot–spot STABLE arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows +0.05% 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 STABLE 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: STABLE funding rates · STABLE spread charts · ​​Stable price · arbitrage scanner for all coins.

Is there a STABLE arbitrage opportunity right now?

The best STABLE route right now is to buy on Bybit spot → sell on Binance (Spot–Perp): +0.21% gross and +0.01% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest STABLE?

Bybit (spot) has the lowest STABLE ask at $0.0281, and OKX (perp) the highest bid at $0.0281. Prices update every 15 seconds on this page.

How many exchanges list STABLE?

ArbiLayer tracks 15 STABLE markets on 10 venues: 10 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage STABLE without transferring coins?

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

Arbitrage for other coins

CRO +18.39%BLAST +17.75%UPC +7.25%BDX +7.08%ONE +6.57%ESPORTS +6.51%OPENAI +5.16%AI +4.49%CATE +3.79%SPCX +3.70%ANTHROPIC +3.56%FLYBRAIN +3.50%EGLD +3.15%ZIL +3.15%OURA +2.97%HOOKED +2.73%PENGSTOCK +2.45%BEN +2.36%