# ETHFI Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-04 02:40 UTC, ArbTide tracks ETHFI spot and perpetual prices across exchanges. On spot markets, the best route has a 0.04% gross spread, which fees turn into a -0.21% net loss. On perpetual markets, the best route has a 0.09% gross spread, which fees turn into a -0.04% net loss.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| BingX | [ETHFI/USDT](https://bingx.com/en/spot/ETHFIUSDT) | 0.7244 | 0.7246 | 0.028% | $145.6K | 0.100% |
| Binance | [ETHFI/USDT](https://www.binance.com/en/trade/ETHFI_USDT?type=spot) | 0.7245 | 0.7247 | 0.028% | $3.3M | 0.100% |
| Bybit | [ETHFI/USDT](https://www.bybit.com/en/trade/spot/ETHFI/USDT) | 0.7245 | 0.7248 | 0.041% | $706.2K | 0.100% |
| MEXC | [ETHFI/USDT](https://www.mexc.com/exchange/ETHFI_USDT) | 0.7246 | 0.7248 | 0.028% | $2.6M | 0.050% |
| BTSE | [ETHFI/USD](https://www.btse.com/en/trading/ETHFI-USD) | 0.7246 | 0.7248 | 0.028% | $503.4K | 0.020% |
| WEEX | [ETHFI/USDT](https://www.weex.com/spot/ETHFI-USDT) | 0.7244 | 0.7248 | 0.055% | $51.8M | 0.100% |
| Bitget | [ETHFI/USDT](https://www.bitget.com/spot/ETHFIUSDT) | 0.7246 | 0.7249 | 0.041% | $536K | 0.100% |
| Gate | [ETHFI/USDT](https://www.gate.com/trade/ETHFI_USDT) | 0.7249 | 0.725 | 0.014% | $198K | 0.200% |
| XT.COM | [ETHFI/USDT](https://www.xt.com/en/trade/ethfi_usdt) | 0.724 | 0.725 | 0.138% | $330.7K | 0.200% |
| OKX | [ETHFI/USDT](https://www.okx.com/trade-spot/ethfi-usdt) | 0.7249 | 0.7251 | 0.028% | $1.3M | 0.150% |
| Crypto.com | [ETHFI/USD](https://crypto.com/exchange/trade/ETHFI_USD) | 0.7238 | 0.7251 | 0.179% | $258.9 | 0.500% |
| KuCoin | [ETHFI/USDT](https://www.kucoin.com/trade/ETHFI-USDT) | 0.7242 | 0.7252 | 0.138% | $70.9K | 0.100% |
| Toobit | [ETHFI/USDT](https://www.toobit.com/en-US/spot/ETHFI_USDT) | 0.7234 | 0.7252 | 0.248% | $400.6K | 0.100% |
| WhiteBIT | ETHFI/USDT | 0.7241 | 0.7253 | 0.165% | $709.8K | 0.100% |
| BtcTurk | [ETHFI/USDT](https://kripto.btcturk.com/pro/al-sat/ETHFI_USDT) | 0.7241 | 0.7253 | 0.165% | $101.9K | 0.090% |
| Deepcoin | [ETHFI/USDT](https://www.deepcoin.com/en/spot/ETHFI-USDT) | 0.7246 | 0.7254 | 0.110% | $138.8K | 0.150% |
| HitBTC | ETHFI/USDT | 0.7236 | 0.7254 | 0.248% | — | 0.250% |
| CEX.IO | [ETHFI/USDT](https://trade.cex.io/spot/ETHFI-USDT) | 0.72463 | 0.72561 | 0.135% | $21.7 | 0.100% |
| Kraken | [ETHFI/USD](https://pro.kraken.com/app/trade/ethfi-usd) | 0.7239 | 0.726 | 0.289% | $69.1K | 0.260% |
| DigiFinex | [ETHFI/USDT](https://www.digifinex.com/en-ww/trade/USDT/ETHFI) | 0.724 | 0.726 | 0.275% | $92.9K | 0.200% |

### Spot net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | Gate | OKX | CEX.IO | MEXC | BTSE | Bitget | Deepcoin | Binance | Bybit | BingX | WEEX | KuCoin | WhiteBIT | BtcTurk | XT.COM | DigiFinex | Kraken | Crypto.com | HitBTC | Toobit |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| BingX | -0.26% | -0.21% | -0.20% | -0.15% | -0.12% | -0.20% | -0.25% | -0.21% | -0.21% | — | -0.23% | -0.26% | -0.27% | -0.26% | -0.38% | -0.38% | -0.46% | -0.71% | -0.49% | -0.37% |
| Binance | -0.27% | -0.22% | -0.21% | -0.16% | -0.13% | -0.21% | -0.26% | — | -0.23% | -0.24% | -0.24% | -0.27% | -0.28% | -0.27% | -0.40% | -0.40% | -0.47% | -0.72% | -0.50% | -0.38% |
| Bybit | -0.29% | -0.24% | -0.22% | -0.18% | -0.15% | -0.23% | -0.28% | -0.24% | — | -0.26% | -0.26% | -0.28% | -0.30% | -0.29% | -0.41% | -0.41% | -0.48% | -0.74% | -0.52% | -0.39% |
| MEXC | -0.24% | -0.19% | -0.17% | — | -0.10% | -0.18% | -0.23% | -0.19% | -0.19% | -0.21% | -0.21% | -0.23% | -0.25% | -0.24% | -0.36% | -0.36% | -0.43% | -0.69% | -0.47% | -0.34% |
| BTSE | -0.21% | -0.16% | -0.14% | -0.10% | — | -0.15% | -0.20% | -0.16% | -0.16% | -0.18% | -0.18% | -0.20% | -0.22% | -0.21% | -0.33% | -0.33% | -0.40% | -0.66% | -0.44% | -0.31% |
| WEEX | -0.29% | -0.24% | -0.22% | -0.18% | -0.15% | -0.23% | -0.28% | -0.24% | -0.24% | -0.26% | — | -0.28% | -0.30% | -0.29% | -0.41% | -0.41% | -0.48% | -0.74% | -0.52% | -0.39% |
| Bitget | -0.30% | -0.25% | -0.24% | -0.19% | -0.16% | — | -0.29% | -0.26% | -0.26% | -0.27% | -0.27% | -0.30% | -0.31% | -0.30% | -0.42% | -0.42% | -0.50% | -0.75% | -0.53% | -0.41% |
| Gate | — | -0.36% | -0.35% | -0.31% | -0.28% | -0.36% | -0.41% | -0.37% | -0.37% | -0.38% | -0.38% | -0.41% | -0.42% | -0.41% | -0.54% | -0.54% | -0.61% | -0.87% | -0.64% | -0.52% |
| XT.COM | -0.41% | -0.36% | -0.35% | -0.31% | -0.28% | -0.36% | -0.41% | -0.37% | -0.37% | -0.38% | -0.38% | -0.41% | -0.42% | -0.41% | — | -0.54% | -0.61% | -0.87% | -0.64% | -0.52% |
| OKX | -0.38% | — | -0.31% | -0.27% | -0.24% | -0.32% | -0.37% | -0.33% | -0.33% | -0.35% | -0.35% | -0.37% | -0.39% | -0.38% | -0.50% | -0.50% | -0.58% | -0.83% | -0.61% | -0.48% |
| Crypto.com | -0.73% | -0.68% | -0.66% | -0.62% | -0.59% | -0.67% | -0.72% | -0.68% | -0.68% | -0.70% | -0.70% | -0.72% | -0.74% | -0.73% | -0.85% | -0.85% | -0.93% | — | -0.96% | -0.83% |
| KuCoin | -0.34% | -0.29% | -0.28% | -0.23% | -0.20% | -0.28% | -0.33% | -0.30% | -0.30% | -0.31% | -0.31% | — | -0.35% | -0.34% | -0.47% | -0.47% | -0.54% | -0.79% | -0.57% | -0.45% |
| Toobit | -0.34% | -0.29% | -0.28% | -0.23% | -0.20% | -0.28% | -0.33% | -0.30% | -0.30% | -0.31% | -0.31% | -0.34% | -0.35% | -0.34% | -0.47% | -0.47% | -0.54% | -0.79% | -0.57% | — |
| WhiteBIT | -0.36% | -0.31% | -0.29% | -0.25% | -0.22% | -0.30% | -0.35% | -0.31% | -0.31% | -0.32% | -0.32% | -0.35% | — | -0.36% | -0.48% | -0.48% | -0.55% | -0.81% | -0.58% | -0.46% |
| BtcTurk | -0.35% | -0.30% | -0.28% | -0.24% | -0.21% | -0.29% | -0.34% | -0.30% | -0.30% | -0.31% | -0.31% | -0.34% | -0.36% | — | -0.47% | -0.47% | -0.54% | -0.80% | -0.57% | -0.45% |
| Deepcoin | -0.42% | -0.37% | -0.36% | -0.31% | -0.28% | -0.36% | — | -0.37% | -0.37% | -0.39% | -0.39% | -0.42% | -0.43% | -0.42% | -0.54% | -0.54% | -0.62% | -0.87% | -0.65% | -0.53% |
| HitBTC | -0.52% | -0.47% | -0.46% | -0.41% | -0.38% | -0.46% | -0.51% | -0.47% | -0.47% | -0.49% | -0.49% | -0.52% | -0.53% | -0.52% | -0.64% | -0.64% | -0.72% | -0.97% | — | -0.63% |
| CEX.IO | -0.40% | -0.35% | — | -0.29% | -0.26% | -0.34% | -0.39% | -0.35% | -0.35% | -0.37% | -0.37% | -0.39% | -0.41% | -0.40% | -0.52% | -0.52% | -0.60% | -0.85% | -0.63% | -0.50% |
| Kraken | -0.61% | -0.56% | -0.55% | -0.50% | -0.47% | -0.55% | -0.60% | -0.57% | -0.57% | -0.58% | -0.58% | -0.61% | -0.62% | -0.61% | -0.74% | -0.74% | — | -1.06% | -0.84% | -0.72% |
| DigiFinex | -0.55% | -0.50% | -0.49% | -0.44% | -0.41% | -0.49% | -0.54% | -0.51% | -0.51% | -0.52% | -0.52% | -0.55% | -0.56% | -0.55% | -0.68% | — | -0.75% | -1.00% | -0.78% | -0.66% |

## Perpetual prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Extended | [ETHFI/USDC:USDC](https://app.extended.exchange/perp/ETHFI-USD) | 0.72333 | 0.72358 | 0.035% | $31.6K | 0.200% |
| MEXC | [ETHFI/USDT:USDT](https://www.mexc.com/futures/ETHFI_USDT) | 0.7239 | 0.724 | 0.014% | $2.1M | 0.020% |
| LBank | [ETHFI/USDT:USDT](https://www.lbank.com/futures/ethfiusdt) | 0.7239 | 0.724 | 0.014% | $9.6M | 0.100% |
| Binance | [ETHFI/USDT:USDT](https://www.binance.com/en/futures/ETHFIUSDT) | 0.724 | 0.7241 | 0.014% | $15.8M | 0.050% |
| XT.COM | [ETHFI/USDT:USDT](https://www.xt.com/en/futures/trade/ethfi_usdt) | 0.7238 | 0.7241 | 0.041% | $1.6M | 0.060% |
| Toobit | [ETHFI/USDT:USDT](https://www.toobit.com/en-US/futures/ETHFI-SWAP-USDT) | 0.7237 | 0.7241 | 0.055% | $1.8M | 0.100% |
| Bitget | [ETHFI/USDT:USDT](https://www.bitget.com/futures/usdt/ETHFIUSDT) | 0.7241 | 0.7242 | 0.014% | $2.7M | 0.060% |
| WEEX | [ETHFI/USDT:USDT](https://www.weex.com/futures/ETHFI-USDT) | 0.7241 | 0.7242 | 0.014% | $1.2M | 0.080% |
| Aster | [ETHFI/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/ETHFIUSDT) | 0.7235 | 0.7243 | 0.110% | $35.4K | 0.035% |
| KuCoin | [ETHFI/USDT:USDT](https://www.kucoin.com/trade/futures/ETHFIUSDTM) | 0.7236 | 0.7244 | 0.110% | $180.5K | 0.060% |
| BingX | [ETHFI/USDT:USDT](https://bingx.com/en/perpetual/ETHFI-USDT) | 0.7243 | 0.7244 | 0.014% | $6.8M | 0.050% |
| Paradex | [ETHFI/USD:USDC](https://app.paradex.trade/trade/ETHFI-USD-PERP) | 0.7237 | 0.7244 | 0.097% | — | 0.030% |
| Bybit | [ETHFI/USDT:USDT](https://www.bybit.com/trade/usdt/ETHFIUSDT) | 0.7244 | 0.7245 | 0.014% | $5.1M | 0.060% |
| WOOFi Pro | [ETHFI/USDC:USDC](https://pro.woofi.com/en/trade/ETHFI_PERP) | 0.7235 | 0.7246 | 0.152% | $836.5K | 0.050% |
| BTSE | [ETHFI/USDT:USDT](https://www.btse.com/en/futures/ETHFI-PERP) | 0.7245 | 0.7247 | 0.028% | $282.1K | 0.055% |
| Crypto.com | [ETHFI/USD:USD](https://crypto.com/exchange/trade/ETHFIUSD-PERP) | 0.7246 | 0.7247 | 0.014% | $151.9 | 0.500% |
| Deepcoin | [ETHFI/USDT:USDT](https://www.deepcoin.com/en/swap/ETHFI-USDT) | 0.724 | 0.7247 | 0.097% | $3.4M | 0.150% |
| OKX | [ETHFI/USDT:USDT](https://www.okx.com/trade-swap/ethfi-usdt-swap) | 0.7246 | 0.7249 | 0.041% | $5.2M | 0.050% |
| Gate | [ETHFI/USDT:USDT](https://www.gate.com/futures/USDT/ETHFI_USDT) | 0.7245 | 0.7249 | 0.055% | $1.4M | 0.050% |
| Kraken | [ETHFI/USD:USD](https://pro.kraken.com/app/trade/futures-ethfi-usd-perp) | 0.7243 | 0.7249 | 0.083% | $224.4K | 0.050% |
| HTX | [ETHFI/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=ETHFI-USDT&contract_type=swap&type=cross) | 0.7235 | 0.7251 | 0.221% | $160.8K | 0.050% |
| Hyperliquid | [ETHFI/USDC:USDC](https://app.hyperliquid.xyz/trade/ETHFI) | 0.72465 | 0.72533 | 0.094% | $1.5M | 0.045% |
| WhiteBIT | [ETHFI/USDT:USDT](https://whitebit.com/trade/ETHFI-PERP?type=futures) | 0.7236 | 0.7264 | 0.385% | $7.5M | 0.055% |

### Perpetual net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | Hyperliquid | Crypto.com | OKX | BTSE | Gate | Bybit | BingX | Kraken | Bitget | WEEX | Binance | Deepcoin | MEXC | LBank | XT.COM | Toobit | Paradex | KuCoin | WhiteBIT | Aster | WOOFi Pro | HTX | Extended |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Extended | -0.34% | -1.26% | -0.36% | -0.38% | -0.37% | -0.41% | -0.40% | -0.40% | -0.45% | -0.49% | -0.44% | -0.64% | -0.40% | -0.56% | -0.49% | -0.58% | -0.44% | -0.52% | -0.51% | -0.48% | -0.51% | -0.51% | — |
| MEXC | -0.04% | -0.96% | -0.06% | -0.08% | -0.07% | -0.10% | -0.10% | -0.10% | -0.15% | -0.19% | -0.14% | -0.34% | — | -0.25% | -0.19% | -0.28% | -0.14% | -0.22% | -0.21% | -0.18% | -0.21% | -0.21% | -0.53% |
| LBank | -0.20% | -1.12% | -0.22% | -0.24% | -0.23% | -0.26% | -0.26% | -0.26% | -0.31% | -0.35% | -0.30% | -0.50% | -0.25% | — | -0.35% | -0.44% | -0.30% | -0.38% | -0.37% | -0.34% | -0.37% | -0.37% | -0.69% |
| Binance | -0.11% | -1.03% | -0.13% | -0.15% | -0.14% | -0.18% | -0.17% | -0.17% | -0.22% | -0.26% | — | -0.41% | -0.17% | -0.33% | -0.26% | -0.36% | -0.22% | -0.29% | -0.28% | -0.25% | -0.28% | -0.28% | -0.61% |
| XT.COM | -0.13% | -1.05% | -0.15% | -0.17% | -0.16% | -0.20% | -0.19% | -0.19% | -0.24% | -0.28% | -0.23% | -0.43% | -0.19% | -0.35% | — | -0.38% | -0.24% | -0.31% | -0.30% | -0.27% | -0.30% | -0.30% | -0.63% |
| Toobit | -0.21% | -1.13% | -0.23% | -0.25% | -0.24% | -0.28% | -0.27% | -0.27% | -0.32% | -0.36% | -0.31% | -0.51% | -0.27% | -0.43% | -0.36% | — | -0.32% | -0.39% | -0.38% | -0.35% | -0.38% | -0.38% | -0.71% |
| Bitget | -0.15% | -1.06% | -0.16% | -0.19% | -0.18% | -0.21% | -0.21% | -0.21% | — | -0.29% | -0.25% | -0.45% | -0.20% | -0.36% | -0.30% | -0.39% | -0.25% | -0.32% | -0.31% | -0.29% | -0.32% | -0.32% | -0.64% |
| WEEX | -0.19% | -1.10% | -0.20% | -0.23% | -0.22% | -0.25% | -0.25% | -0.25% | -0.29% | — | -0.29% | -0.49% | -0.24% | -0.40% | -0.34% | -0.43% | -0.29% | -0.36% | -0.35% | -0.33% | -0.36% | -0.36% | -0.68% |
| Aster | -0.11% | -1.03% | -0.13% | -0.15% | -0.14% | -0.18% | -0.17% | -0.17% | -0.22% | -0.26% | -0.21% | -0.41% | -0.17% | -0.33% | -0.26% | -0.35% | -0.21% | -0.29% | -0.28% | — | -0.28% | -0.28% | -0.60% |
| KuCoin | -0.18% | -1.09% | -0.19% | -0.22% | -0.21% | -0.24% | -0.23% | -0.23% | -0.28% | -0.32% | -0.28% | -0.48% | -0.23% | -0.39% | -0.32% | -0.42% | -0.28% | — | -0.34% | -0.31% | -0.34% | -0.34% | -0.67% |
| BingX | -0.16% | -1.07% | -0.17% | -0.20% | -0.19% | -0.22% | — | -0.21% | -0.26% | -0.30% | -0.26% | -0.46% | -0.21% | -0.37% | -0.30% | -0.40% | -0.26% | -0.33% | -0.32% | -0.29% | -0.32% | -0.32% | -0.65% |
| Paradex | -0.12% | -1.03% | -0.13% | -0.16% | -0.15% | -0.18% | -0.17% | -0.17% | -0.22% | -0.26% | -0.22% | -0.42% | -0.17% | -0.33% | -0.26% | -0.36% | — | -0.29% | -0.28% | -0.25% | -0.28% | -0.28% | -0.61% |
| Bybit | -0.19% | -1.11% | -0.21% | -0.23% | -0.22% | — | -0.25% | -0.25% | -0.30% | -0.34% | -0.29% | -0.49% | -0.24% | -0.40% | -0.34% | -0.43% | -0.29% | -0.36% | -0.35% | -0.33% | -0.36% | -0.36% | -0.68% |
| WOOFi Pro | -0.18% | -1.10% | -0.20% | -0.22% | -0.21% | -0.25% | -0.24% | -0.24% | -0.29% | -0.33% | -0.28% | -0.48% | -0.24% | -0.40% | -0.33% | -0.42% | -0.28% | -0.36% | -0.35% | -0.32% | — | -0.35% | -0.68% |
| BTSE | -0.21% | -1.12% | -0.22% | — | -0.24% | -0.27% | -0.27% | -0.27% | -0.31% | -0.35% | -0.31% | -0.51% | -0.26% | -0.42% | -0.35% | -0.45% | -0.31% | -0.38% | -0.37% | -0.35% | -0.38% | -0.38% | -0.70% |
| Crypto.com | -1.10% | — | -1.11% | -1.14% | -1.13% | -1.16% | -1.16% | -1.16% | -1.20% | -1.24% | -1.20% | -1.40% | -1.15% | -1.31% | -1.24% | -1.34% | -1.20% | -1.27% | -1.26% | -1.24% | -1.27% | -1.27% | -1.59% |
| Deepcoin | -0.40% | -1.31% | -0.41% | -0.44% | -0.43% | -0.46% | -0.46% | -0.46% | -0.50% | -0.54% | -0.50% | — | -0.45% | -0.61% | -0.54% | -0.64% | -0.50% | -0.57% | -0.56% | -0.54% | -0.57% | -0.57% | -0.89% |
| OKX | -0.22% | -1.14% | — | -0.27% | -0.26% | -0.29% | -0.28% | -0.28% | -0.33% | -0.37% | -0.32% | -0.52% | -0.28% | -0.44% | -0.37% | -0.47% | -0.33% | -0.40% | -0.39% | -0.36% | -0.39% | -0.39% | -0.72% |
| Gate | -0.22% | -1.14% | -0.24% | -0.27% | — | -0.29% | -0.28% | -0.28% | -0.33% | -0.37% | -0.32% | -0.52% | -0.28% | -0.44% | -0.37% | -0.47% | -0.33% | -0.40% | -0.39% | -0.36% | -0.39% | -0.39% | -0.72% |
| Kraken | -0.22% | -1.14% | -0.24% | -0.27% | -0.26% | -0.29% | -0.28% | — | -0.33% | -0.37% | -0.32% | -0.52% | -0.28% | -0.44% | -0.37% | -0.47% | -0.33% | -0.40% | -0.39% | -0.36% | -0.39% | -0.39% | -0.72% |
| HTX | -0.25% | -1.17% | -0.27% | -0.29% | -0.28% | -0.32% | -0.31% | -0.31% | -0.36% | -0.40% | -0.35% | -0.55% | -0.31% | -0.47% | -0.40% | -0.49% | -0.35% | -0.43% | -0.42% | -0.39% | -0.42% | — | -0.74% |
| Hyperliquid | — | -1.19% | -0.29% | -0.31% | -0.30% | -0.34% | -0.33% | -0.33% | -0.38% | -0.42% | -0.37% | -0.57% | -0.33% | -0.49% | -0.42% | -0.51% | -0.37% | -0.45% | -0.44% | -0.41% | -0.44% | -0.44% | -0.77% |
| WhiteBIT | -0.44% | -1.36% | -0.46% | -0.48% | -0.47% | -0.51% | -0.50% | -0.50% | -0.55% | -0.59% | -0.54% | -0.74% | -0.49% | -0.65% | -0.59% | -0.68% | -0.54% | -0.62% | — | -0.58% | -0.61% | -0.61% | -0.93% |

## Frequently asked questions

### Is there a ETHFI arbitrage opportunity right now?

No. The best ETHFI routes do not cover taker fees at the moment.

### Which exchange has the cheapest ETHFI?

Lowest ask price: Spot: BingX at 0.7246; Perpetual: Extended at 0.72358.

### How is the net spread calculated?

Net spread = (best bid on the sell exchange − best ask on the buy exchange) ÷ best ask − taker fees. Spot routes pay one taker fee per exchange. Perpetual routes pay two per exchange, to open and to close. Max profit is read from both order books, so it includes slippage, and spot routes also subtract the withdrawal fee.