ArbiLayer

USUAL arbitrage

live

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

Best net spread+0.22%KuCoin → Gate · Perp–Perp
Best perp–perp spread+0.38%KuCoin → Gate
Markets tracked138 venues · 8 perp · 5 spot · 0 DEX
Price range0.57%$0.0131 – $0.0132

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoin$0.0132Gate logoGate$0.0132 +0.38%+0.22% +0.39%— 0.000%— LS Chart →
Binance logoBinance$0.0132Gate logoGate$0.0132 +0.36%+0.20% +0.37%— 0.000%— LS Chart →
MEXC logoMEXC$0.0132Gate logoGate$0.0132 +0.36%+0.20% +0.37%— 0.000%— LS Chart →
Bitget logoBitget$0.0132Gate logoGate$0.0132 +0.30%+0.14% +0.31%— 0.000%— LS Chart →
Bybit logoBybit$0.0132Gate logoGate$0.0132 +0.26%+0.10% +0.26%— 0.000%— LS Chart →
Hyperliquid logoHyperliquid$0.0132Gate logoGate$0.0132 +0.15%-0.01% +0.16%— 0.000%— LS Chart →
Variational logoVariational$0.0132Gate logoGate$0.0132 +0.08%-0.08% +0.08%— +0.000%— LS Chart →
KuCoin logoKuCoin$0.0132Bybit logoBybit$0.0132 +0.05%-0.11% +0.05%— 0.000%— LS Chart →
Binance logoBinance$0.0132Bybit logoBybit$0.0132 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
MEXC logoMEXC$0.0132Bybit logoBybit$0.0132 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0132Bitget logoBitget$0.0132 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Binance logoBinance$0.0132Bitget logoBitget$0.0132 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
MEXC logoMEXC$0.0132Bitget logoBitget$0.0132 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
Bitget logoBitget$0.0132Bybit logoBybit$0.0132 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0132Binance logoBinance$0.0131 -0.02%-0.18% -0.02%— 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.

USUAL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · USUAL_USDTPerpetual $0.0132$0.0132$0.0132+0.42% +0.030%$5.61M
Bybit logoBybitPerpetual · USUALUSDTPerpetual $0.0132$0.0132$0.0132+0.09% +0.030%$224.7K
Hyperliquid logoHyperliquidPerpetual · USUALPerpetual $0.0131$0.0132$0.0132+0.08% +0.030%$206.3K
Bitget logoBitgetPerpetual · USUALUSDTPerpetual $0.0132$0.0132$0.0132+0.04% +0.030%$126.6K
MEXC logoMEXCPerpetual · USUAL_USDTPerpetual $0.0131$0.0132$0.0131-0.00% +0.030%$107.0K
KuCoin logoKuCoinPerpetual · USUALUSDTMPerpetual $0.0131$0.0132$0.0131-0.15% +0.030%$34.2K
KuCoin logoKuCoinSpot · USUAL-USDTSpot $0.0131$0.0132$0.0131-0.04% —$18.7K
Gate logoGateSpot · USUAL_USDTSpot $0.0131$0.0132$0.0132+0.02% —$16.3K
Bitget logoBitgetSpot · USUALUSDTSpot $0.0131$0.0132$0.01320.00% —$10.3K
Variational logoVariationalPerpetual · USUALPerpetual $0.0131$0.0132$0.0132+0.04% +0.030%$157
Binance logoBinancePerpetual · USUALUSDTPerpetual $0.0131$0.0132$0.0131-0.00% +0.030%—
Binance logoBinanceSpot · USUALUSDTSpot $0.0131$0.0132$0.01320.00% ——
MEXC logoMEXCSpot · USUALUSDTSpot $0.0131$0.0132$0.0131-0.02% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

USUAL arbitrage explained

Right now Usual (USUAL) trades on 8 venues we scan: 8 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on KuCoin perp at $0.0132 and the highest bid on Gate perp at $0.0132.

The widest USUAL perpetual spread is between KuCoin and Gate: long USUAL on KuCoin at $0.0132 and short on Gate at $0.0132 for +0.38% gross, or +0.22% 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 collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best USUAL route is to buy spot on MEXC and short the perpetual on Gate: +0.33% gross, +0.13% net, with +0.030% a day of funding on the short leg.

Spot–spot USUAL arbitrage (buy on MEXC, withdraw, deposit and sell on Gate) shows -0.09% 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 USUAL 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: USUAL funding rates · USUAL spread charts · Usual price · arbitrage scanner for all coins.

Is there a USUAL arbitrage opportunity right now?

The best USUAL route right now is to buy on KuCoin → sell on Gate (Perp–Perp): +0.38% gross and +0.22% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest USUAL?

KuCoin (perp) has the lowest USUAL ask at $0.0132, and Gate (perp) the highest bid at $0.0132. Prices update every 15 seconds on this page.

How many exchanges list USUAL?

ArbiLayer tracks 13 USUAL markets on 8 venues: 8 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage USUAL without transferring coins?

Use two perpetual contracts: go long USUAL on the cheaper exchange (KuCoin now) and short it on the more expensive one (Gate), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

CRO +22.81%ONE +7.57%ESPORTS +6.90%OPENAI +5.57%AI +4.91%H100 +4.05%ANTHROPIC +3.73%CATE +3.70%OURA +3.68%SPCX +3.24%BEN +3.23%EGLD +3.19%SNEK +3.09%ZIL +2.99%FLYBRAIN +2.56%BONER +2.51%STAMP +2.38%APPSTOCK +2.31%