TBT arbitrage
live
Live TBT price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.
Best net spread+0.10%Bybit → Gate · Perp–Perp
Best perp–perp spread+0.26%Bybit → Gate
Markets tracked66 venues · 6 perp · 0 spot · 0 DEX
Price range0.38%$42.99 – $43.15
TBT price on every exchange
TBT arbitrage explained
Right now TBT trades on 6 venues we scan: 6 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $43.03 and the highest bid on Gate perp at $43.14.
The widest TBT perpetual spread is between Bybit and Gate: long TBT on Bybit at $43.03 and short on Gate at $43.14 for +0.26% 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 0.000% per day, which the position collects while it is open.
Small TBT 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: TBT funding rates · TBT spread charts · arbitrage scanner for all coins.
Is there a TBT arbitrage opportunity right now?
The best TBT route right now is to buy on Bybit → sell on Gate (Perp–Perp): +0.26% gross and +0.10% after fees. It is positive after the fee model, but check depth and funding before trading.
Which exchange has the cheapest TBT?
Bybit (perp) has the lowest TBT ask at $43.03, and Gate (perp) the highest bid at $43.14. Prices update every 15 seconds on this page.
How many exchanges list TBT?
ArbiLayer tracks 6 TBT markets on 6 venues: 6 perpetual, 0 spot and 0 DEX pools.
How do I arbitrage TBT without transferring coins?
Use two perpetual contracts: go long TBT on the cheaper exchange (Bybit now) and short it on the more expensive one (Gate), then close both legs when the spread converges. The coins never move between exchanges.
Arbitrage for other coins