ArbiLayer

STABLE arbitrage

live

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

Best net spread-0.05%KuCoin → Binance · Perp–Perp
Best perp–perp spread+0.11%KuCoin → Binance
Markets tracked1510 venues · 10 perp · 5 spot · 0 DEX
Price range0.26%$0.0269 – $0.0269

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
MEXC logoMEXCspot$0.0269Binance logoBinance$0.0269 +0.11%-0.09% +0.11%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.0269MEXC logoMEXC$0.0269 +0.11%-0.09% +0.11%— +0.030%+0.72% LS Chart →
Bybit logoBybitspot$0.0269Binance logoBinance$0.0269 +0.07%-0.13% +0.08%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0269MEXC logoMEXC$0.0269 +0.07%-0.13% +0.08%— +0.030%+0.72% LS Chart →
Bitget logoBitgetspot$0.0269Binance logoBinance$0.0269 +0.07%-0.13% +0.08%— +0.030%— LS Chart →
Bitget logoBitgetspot$0.0269MEXC logoMEXC$0.0269 +0.07%-0.13% +0.08%— +0.030%+0.72% LS Chart →
MEXC logoMEXCspot$0.0269OKX logoOKX$0.0269 +0.07%-0.13% +0.08%— +0.030%+0.55% LS Chart →
Gate logoGatespot$0.0269Binance logoBinance$0.0269 +0.06%-0.14% +0.07%— +0.030%— LS Chart →
Gate logoGatespot$0.0269MEXC logoMEXC$0.0269 +0.06%-0.14% +0.07%— +0.030%+0.72% LS Chart →
Bybit logoBybitspot$0.0269OKX logoOKX$0.0269 +0.04%-0.16% +0.04%— +0.030%+0.55% LS Chart →
Bitget logoBitgetspot$0.0269OKX logoOKX$0.0269 +0.04%-0.16% +0.04%— +0.030%+0.55% LS Chart →
MEXC logoMEXCspot$0.0269Bitget logoBitget$0.0269 +0.03%-0.17% +0.04%— +0.030%— LS Chart →
Gate logoGatespot$0.0269OKX logoOKX$0.0269 +0.03%-0.17% +0.03%— +0.030%+0.55% LS Chart →
Bybit logoBybitspot$0.0269Bitget logoBitget$0.0269 0.00%-0.20% +0.01%— +0.030%— LS Chart →
Bitget logoBitgetspot$0.0269Bitget logoBitget$0.0269 0.00%-0.20% +0.01%— +0.030%— 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 $0.0269$0.0269$0.02690.00% +0.030%$512.6K
Bybit logoBybitSpot · STABLEUSDTSpot $0.0269$0.0269$0.0269-0.06% —$421.1K
OKX logoOKXPerpetual · STABLE-USDT-SWAPPerpetual $0.0269$0.027$0.0269+0.07% +0.030%$284.9K
MEXC logoMEXCPerpetual · STABLE_USDTPerpetual $0.0269$0.027$0.0269+0.09% +0.030%$172.4K
Hyperliquid logoHyperliquidPerpetual · STABLEPerpetual $0.0269$0.0269$0.0269-0.11% +0.030%$122.0K
Bitget logoBitgetSpot · STABLEUSDTSpot $0.0269$0.0269$0.0269-0.04% —$117.0K
Bitget logoBitgetPerpetual · STABLEUSDTPerpetual $0.0269$0.027$0.0269+0.07% +0.030%$61.6K
KuCoin logoKuCoinPerpetual · STABLEUSDTMPerpetual $0.0268$0.0269$0.0269-0.17% +0.030%$52.0K
Gate logoGateSpot · STABLE_USDTSpot $0.0269$0.0269$0.0269-0.03% —$37.4K
KuCoin logoKuCoinSpot · STABLE-USDTSpot $0.0269$0.027$0.0269+0.05% —$36.9K
Variational logoVariationalPerpetual · STABLEPerpetual $0.0269$0.027$0.0269-0.02% +0.030%$23.4K
Gate logoGatePerpetual · STABLE_USDTPerpetual $0.0269$0.0269$0.02690.00% +0.030%$8.8K
Binance logoBinancePerpetual · STABLEUSDTPerpetual $0.0269$0.027$0.0269+0.09% +0.030%—
Aster logoAsterPerpetual · STABLEUSDTPerpetual $0.0269$0.027$0.02690.00% +0.030%—
MEXC logoMEXCSpot · STABLEUSDTSpot $0.0269$0.0269$0.0269-0.10% ——
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 KuCoin perp at $0.0269 and the highest bid on MEXC perp at $0.0269.

The widest STABLE perpetual spread is between KuCoin and Binance: long STABLE on KuCoin at $0.0269 and short on Binance at $0.0269 for +0.11% gross, or -0.05% 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 STABLE route is to buy spot on MEXC and short the perpetual on Binance: +0.11% gross, -0.09% net, with +0.030% a day of funding on the short leg.

Spot–spot STABLE arbitrage (buy on MEXC, withdraw, deposit and sell on KuCoin) shows 0.00% 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 KuCoin → sell on Binance (Perp–Perp): +0.11% gross and -0.05% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest STABLE?

KuCoin (perp) has the lowest STABLE ask at $0.0269, and MEXC (perp) the highest bid at $0.0269. 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 (KuCoin 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