ArbiLayer

USDY arbitrage

live

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

Best net spread-0.17%Bybit → Gate · Spot–Spot
Best perp–perp spread—no perp pair
Markets tracked22 venues · 0 perp · 2 spot · 0 DEX
Price range0.06%$1.15 – $1.15

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.

USDY price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGateSpot · USDY_USDTSpot $1.15$1.15$1.15+0.03% —$2.69M
Bybit logoBybitSpot · USDYUSDTSpot $1.15$1.15$1.15-0.03% —$35.1K
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

USDY arbitrage explained

Right now Ondo US Dollar Yield (USDY) trades on 2 venues we scan: 0 perpetual markets, 2 spot markets and 0 DEX pools. The lowest ask is on Bybit spot at $1.15 and the highest bid on Gate spot at $1.15.

Spot–spot USDY arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows +0.03% 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 USDY 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: USDY funding rates · USDY spread charts · Ondo US Dollar Yield price · arbitrage scanner for all coins.

Is there a USDY arbitrage opportunity right now?

The best USDY route right now is to buy on Bybit spot → sell on Gate spot (Spot–Spot): +0.03% gross and -0.17% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest USDY?

Bybit (spot) has the lowest USDY ask at $1.15, and Gate (spot) the highest bid at $1.15. Prices update every 15 seconds on this page.

How many exchanges list USDY?

ArbiLayer tracks 2 USDY markets on 2 venues: 0 perpetual, 2 spot and 0 DEX pools.

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

Arbitrage for other coins