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-0.06%KuCoin → MEXC · Spot–Spot
Best perp–perp spread—no perp pair
Markets tracked33 venues · 0 perp · 3 spot · 0 DEX
Price range0.18%$0.994 – $0.9957

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoinspot$0.994MEXC logoMEXCspot$0.9954 +0.14%-0.06% +0.14%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.994Gate logoGatespot$0.9947 +0.07%-0.13% +0.07%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.9956Gate logoGatespot$0.9947 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
Gate logoGatespot$0.9967MEXC logoMEXCspot$0.9954 -0.13%-0.33% -0.13%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.9956KuCoin logoKuCoinspot$0.9939 -0.17%-0.37% -0.17%— 0.000%— LS Chart →
Gate logoGatespot$0.9967KuCoin logoKuCoinspot$0.9939 -0.28%-0.48% -0.28%— 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$0.994-0.16% —$141.8K
Gate logoGateSpot · USDP_USDTSpot $0.9947$0.9967$0.9957+0.02% —$689
MEXC logoMEXCSpot · USDPUSDTSpot $0.9954$0.9956$0.99550.00% ——
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 KuCoin spot at $0.994 and the highest bid on MEXC spot at $0.9954.

Spot–spot USDP arbitrage (buy on KuCoin, withdraw, deposit and sell on MEXC) shows +0.14% 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 KuCoin spot → sell on MEXC spot (Spot–Spot): +0.14% gross and -0.06% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest USDP?

KuCoin (spot) has the lowest USDP ask at $0.994, and MEXC (spot) the highest bid at $0.9954. 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