ArbiLayer

USDG arbitrage

live

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

Best net spread-0.19%Gate → OKX · Spot–Spot
Best perp–perp spread—no perp pair
Markets tracked43 venues · 1 perp · 3 spot · 0 DEX
Price range0.35%$0.9968 – $1.00

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$1.00KuCoin logoKuCoin$0.9939 -0.62%-0.82% -0.63%— -0.031%— LS Chart →
KuCoin logoKuCoinspot$1.00KuCoin logoKuCoin$0.9939 -0.63%-0.83% -0.64%— -0.031%— LS Chart →
OKX logoOKXspot$1.00KuCoin logoKuCoin$0.9939 -0.64%-0.84% -0.65%— -0.031%— 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.

USDG price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXSpot · USDG-USDTSpot $1.00$1.00$1.00+0.01% —$8.98M
KuCoin logoKuCoinSpot · USDG-USDTSpot $1.00$1.00$1.00+0.00% —$230.3K
Gate logoGateSpot · USDG_USDTSpot $1.00$1.00$1.00-0.00% —$204.7K
KuCoin logoKuCoinPerpetual · USDGUSDTMPerpetual $0.9939$0.9996$0.9968-0.33% -0.031%$18.9K
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

USDG arbitrage explained

Right now Global Dollar (USDG) trades on 3 venues we scan: 1 perpetual market, 3 spot markets and 0 DEX pools. The lowest ask is on KuCoin perp at $0.9996 and the highest bid on OKX spot at $1.00.

For a spot–perpetual (cash-and-carry) trade, the best USDG route is to buy spot on Gate and short the perpetual on KuCoin: -0.62% gross, -0.82% net, with -0.031% a day of funding on the short leg.

Spot–spot USDG arbitrage (buy on Gate, withdraw, deposit and sell on OKX) 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 USDG 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: USDG funding rates · USDG spread charts · Global Dollar price · arbitrage scanner for all coins.

Is there a USDG arbitrage opportunity right now?

The best USDG route right now is to buy on Gate spot → sell on OKX spot (Spot–Spot): +0.01% gross and -0.19% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest USDG?

KuCoin (perp) has the lowest USDG ask at $0.9996, and OKX (spot) the highest bid at $1.00. Prices update every 15 seconds on this page.

How many exchanges list USDG?

ArbiLayer tracks 4 USDG markets on 3 venues: 1 perpetual, 3 spot and 0 DEX pools.

How do I arbitrage USDG without transferring coins?

Open a long perpetual on the cheaper exchange and a short on the more expensive one, then close both when the prices converge. USDG currently has fewer than two perpetual venues in the scanner.

Arbitrage for other coins