ArbiLayer

USDP arbitrage

live

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

Best net spread+1.03%MEXC → Gate · Spot–Spot
Best perp–perp spread—no perp pair
Markets tracked33 venues · 0 perp · 3 spot · 0 DEX
Price range1.34%$0.9931 – $1.01

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
MEXC logoMEXCspot$0.9932Gate logoGatespot$1.01 +1.23%+1.03% +1.23%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.994Gate logoGatespot$1.01 +1.15%+0.95% +1.15%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.9932KuCoin logoKuCoinspot$0.9939 +0.07%-0.13% +0.07%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.994MEXC logoMEXCspot$0.993 -0.10%-0.30% -0.10%— 0.000%— LS Chart →
Gate logoGatespot$1.01KuCoin logoKuCoinspot$0.9939 -1.35%-1.55% -1.35%— 0.000%— LS Chart →
Gate logoGatespot$1.01MEXC logoMEXCspot$0.993 -1.44%-1.64% -1.44%— 0.000%— 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.

USDP price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
KuCoin logoKuCoinSpot · USDP-USDTSpot $0.9939$0.994$0.9940.00% —$149.2K
Gate logoGateSpot · USDP_USDTSpot $1.01$1.01$1.01+1.26% —$492
MEXC logoMEXCSpot · USDPUSDTSpot $0.993$0.9932$0.9931-0.09% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

USDP arbitrage explained

Right now Pax Dollar (USDP) trades on 3 venues we scan: 0 perpetual markets, 3 spot markets and 0 DEX pools. The lowest ask is on MEXC spot at $0.9932 and the highest bid on Gate spot at $1.01.

Spot–spot USDP arbitrage (buy on MEXC, withdraw, deposit and sell on Gate) shows +1.23% 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 USDP 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: USDP funding rates · USDP spread charts · Pax Dollar price · arbitrage scanner for all coins.

Is there a USDP arbitrage opportunity right now?

The best USDP route right now is to buy on MEXC spot → sell on Gate spot (Spot–Spot): +1.23% gross and +1.03% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest USDP?

MEXC (spot) has the lowest USDP ask at $0.9932, and Gate (spot) the highest bid at $1.01. Prices update every 15 seconds on this page.

How many exchanges list USDP?

ArbiLayer tracks 3 USDP markets on 3 venues: 0 perpetual, 3 spot and 0 DEX pools.

How do I arbitrage USDP 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. USDP currently has fewer than two perpetual venues in the scanner.

Arbitrage for other coins