ArbiLayer

US arbitrage

live

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

Best net spread-0.00%KuCoin → Variational · Perp–Perp
Best perp–perp spread+0.16%KuCoin → Variational
Markets tracked128 venues · 8 perp · 4 spot · 0 DEX
Price range0.40%$0.0147 – $0.0147

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoin$0.0147Variational logoVariational$0.0147 +0.16%-0.00% +0.16%— -0.000%— LS Chart →
Binance logoBinance$0.0147Variational logoVariational$0.0147 +0.12%-0.04% +0.11%— -0.054%— LS Chart →
KuCoin logoKuCoin$0.0147Bybit logoBybit$0.0147 +0.09%-0.07% +0.09%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0147MEXC logoMEXC$0.0147 +0.07%-0.09% +0.08%— +0.055%— LS Chart →
KuCoin logoKuCoin$0.0147Gate logoGate$0.0147 +0.07%-0.09% +0.07%— 0.000%— LS Chart →
MEXC logoMEXC$0.0147Variational logoVariational$0.0147 +0.05%-0.11% +0.05%— -0.055%— LS Chart →
Gate logoGate$0.0147Variational logoVariational$0.0147 +0.05%-0.11% +0.05%— -0.000%— LS Chart →
KuCoin logoKuCoin$0.0147Bitget logoBitget$0.0147 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Binance logoBinance$0.0147Bybit logoBybit$0.0147 +0.05%-0.11% +0.04%— -0.054%— LS Chart →
Bitget logoBitget$0.0147Variational logoVariational$0.0147 +0.04%-0.12% +0.04%— -0.000%— LS Chart →
KuCoin logoKuCoin$0.0147Binance logoBinance$0.0147 +0.03%-0.13% +0.04%— +0.054%— LS Chart →
KuCoin logoKuCoin$0.0147Aster logoAster$0.0147 +0.03%-0.13% +0.04%— +0.103%— LS Chart →
Binance logoBinance$0.0147MEXC logoMEXC$0.0147 +0.03%-0.13% +0.03%— +0.001%— LS Chart →
Binance logoBinance$0.0147Gate logoGate$0.0147 +0.03%-0.13% +0.02%— -0.054%— LS Chart →
Binance logoBinance$0.0147Bitget logoBitget$0.0147 +0.01%-0.15% -0.00%— -0.054%— 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.

US price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · USUSDTPerpetual $0.0147$0.0147$0.0147+0.06% +0.030%$27.47M
Bitget logoBitgetPerpetual · USUSDTPerpetual $0.0147$0.0147$0.0147+0.02% +0.030%$13.01M
Gate logoGatePerpetual · US_USDTPerpetual $0.0147$0.0147$0.0147+0.03% +0.030%$6.67M
KuCoin logoKuCoinPerpetual · USUSDTMPerpetual $0.0147$0.0147$0.0147-0.10% +0.030%$5.19M
Bitget logoBitgetSpot · USUSDTSpot $0.0147$0.0147$0.0147-0.14% —$3.63M
Gate logoGateSpot · US_USDTSpot $0.0147$0.0147$0.0147-0.06% —$3.38M
KuCoin logoKuCoinSpot · US-USDTSpot $0.0147$0.0147$0.0147-0.10% —$2.58M
MEXC logoMEXCPerpetual · US_USDTPerpetual $0.0147$0.0147$0.0147+0.03% +0.085%$1.31M
Variational logoVariationalPerpetual · USPerpetual $0.0147$0.0148$0.0147+0.27% +0.030%$79.5K
Binance logoBinancePerpetual · USUSDTPerpetual $0.0147$0.0147$0.0147-0.02% +0.084%—
Aster logoAsterPerpetual · USUSDTPerpetual $0.0147$0.0147$0.0147+0.04% +0.133%—
MEXC logoMEXCSpot · USUSDTSpot $0.0147$0.0147$0.0147-0.11% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

US arbitrage explained

Right now Talus (US) trades on 8 venues we scan: 8 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Bitget spot at $0.0147 and the highest bid on Variational perp at $0.0147.

The widest US perpetual spread is between KuCoin and Variational: long US on KuCoin at $0.0147 and short on Variational at $0.0147 for +0.16% gross, or -0.00% 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 pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best US route is to buy spot on Bitget and short the perpetual on Variational: +0.18% gross, -0.02% net, with +0.030% a day of funding on the short leg.

Spot–spot US arbitrage (buy on Bitget, withdraw, deposit and sell on Gate) shows -0.01% 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 US 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: US funding rates · US spread charts · Talus price · arbitrage scanner for all coins.

Is there a US arbitrage opportunity right now?

The best US route right now is to buy on KuCoin → sell on Variational (Perp–Perp): +0.16% gross and -0.00% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest US?

Bitget (spot) has the lowest US ask at $0.0147, and Variational (perp) the highest bid at $0.0147. Prices update every 15 seconds on this page.

How many exchanges list US?

ArbiLayer tracks 12 US markets on 8 venues: 8 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage US without transferring coins?

Use two perpetual contracts: go long US on the cheaper exchange (KuCoin 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