ArbiLayer

TXN arbitrage

live

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

Best net spread-0.17%Binance → Bitget · Perp–Perp
Best perp–perp spread-0.01%Binance → Bitget
Markets tracked66 venues · 6 perp · 0 spot · 0 DEX
Price range0.11%$289.50 – $289.82

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
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.

TXN price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bitget logoBitgetPerpetual · TXNUSDTPerpetual $289.65$289.74$289.70+0.03% 0.000%$112.9K
Bybit logoBybitPerpetual · TXNUSDTPerpetual $289.49$290.14$289.82+0.07% 0.000%$93.8K
Variational logoVariationalPerpetual · TXNPerpetual $289.34$289.76$289.55-0.02% 0.000%$79.0K
HTX logoHTXPerpetual · TXN-USDTPerpetual $288.60$290.51$289.56-0.02% +0.030%$60.5K
Gate logoGatePerpetual · TXN_USDTPerpetual $289.30$289.70$289.50-0.04% 0.000%$23.4K
Binance logoBinancePerpetual · TXNUSDTPerpetual $289.66$289.67$289.67+0.02% 0.000%—
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

TXN arbitrage explained

Right now TXN trades on 6 venues we scan: 6 perpetual markets, 0 spot markets and 0 DEX pools.

The widest TXN perpetual spread is between Binance and Bitget: long TXN on Binance at $289.67 and short on Bitget at $289.65 for -0.01% gross, or -0.17% 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 TXN 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: TXN funding rates · TXN spread charts · arbitrage scanner for all coins.

Is there a TXN arbitrage opportunity right now?

The best TXN route right now is to buy on Binance → sell on Bitget (Perp–Perp): -0.01% gross and -0.17% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest TXN?

Binance (perp) has the lowest TXN ask at $289.67. Prices update every 15 seconds on this page.

How many exchanges list TXN?

ArbiLayer tracks 6 TXN markets on 6 venues: 6 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage TXN without transferring coins?

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

Arbitrage for other coins