ArbTide

OPN Arbitrage: Live Price Spreads Across Exchanges

Live

As of 2026-10-04 00:26 UTC, ArbTide tracks OPN spot and perpetual prices across exchanges. On spot markets, the best route has a -0.09% gross spread, which fees turn into a -0.29% net loss. On perpetual markets, you can buy OPN on Bybit at 0.05513 and sell on XT.COM at 0.05527, a 0.01% net spread after 0.24% in taker fees.

OPN spot prices by exchange

BuyBybit@ 0.05515SellBinance@ 0.0551Net spread -0.29% after 0.20% feesMove on BNB Chain, $0.11 fee.
  • Gate
    0.05511
    Bid
    Market
    OPN/USDT
    Ask
    0.05519
    Book spread
    0.145%
    24h volume
    $22K
    Taker fee
    0.200%

  • Bybit
    0.0551
    Bid
    Market
    OPN/USDT
    Ask
    0.05515
    Book spread
    0.091%
    24h volume
    $1.3M
    Taker fee
    0.100%

  • Binance
    0.0551
    Bid
    Market
    OPN/USDT
    Ask
    0.0552
    Book spread
    0.181%
    24h volume
    $998K
    Taker fee
    0.100%

  • Bitget
    0.0551
    Bid
    Market
    OPN/USDT
    Ask
    0.0552
    Book spread
    0.181%
    24h volume
    $35.1K
    Taker fee
    0.100%

  • Toobit
    0.0551
    Bid
    Market
    OPN/USDT
    Ask
    0.0552
    Book spread
    0.181%
    24h volume
    $153.2K
    Taker fee
    0.100%

  • WhiteBIT
    0.0551
    Bid
    Market
    OPN/USDT
    Ask
    0.0553
    Book spread
    0.362%
    24h volume
    $133.8K
    Taker fee
    0.100%

  • MEXC
    0.05507
    Bid
    Market
    OPN/USDT
    Ask
    0.0552
    Book spread
    0.236%
    24h volume
    $67K
    Taker fee
    0.080%

  • Kraken
    0.055
    Bid
    Market
    OPN/USD
    Ask
    0.0552
    Book spread
    0.362%
    24h volume
    $15.9K
    Taker fee
    0.260%

  • BingX
    0.055
    Bid
    Market
    OPN/USDT
    Ask
    0.0553
    Book spread
    0.542%
    24h volume
    $139.1K
    Taker fee
    0.100%

  • HTX
    0.055
    Bid
    Market
    OPN/USDT
    Ask
    0.0558
    Book spread
    1.434%
    24h volume
    $21K
    Taker fee
    0.200%

  • CEX.IO
    0.054982
    Bid
    Market
    OPN/USD
    Ask
    0.055331
    Book spread
    0.631%
    24h volume
    $33.6
    Taker fee
    0.100%

  • WEEX
    0.054413
    Bid
    Market
    OPN/USDT
    Ask
    0.054896
    Book spread
    0.880%
    24h volume
    $47.7K
    Taker fee
    0.100%

Showing 12 of 12

Net spread for every exchange pair

Each cell buys OPN at one exchange’s ask and sells at another’s bid, less taker fees on every fill. Cheapest asks are at the top, richest bids on the left, so profitable pairs gather in the top-left corner.

Loses after feesProfits after feesFigures are the net spread in % after taker fees on every fill; steps at 0.1%, 0.25%, 0.5%, 1%.
OPN net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on ↓ sell on →GateBybitBinanceBitgetToobitWhiteBITMEXCKrakenBingXHTXCEX.IOWEEX
WEEXask 0.054896+0.09+0.17+0.17+0.17+0.17+0.17+0.14-0.17-0.01-0.11-0.04Same exchange
Bybitask 0.05515-0.37Same exchange-0.29-0.29-0.29-0.29-0.33-0.63-0.47-0.57-0.50-1.54
Gateask 0.05519Same exchange-0.46-0.46-0.46-0.46-0.46-0.50-0.80-0.64-0.74-0.68-1.71
Binanceask 0.0552-0.46-0.38Same exchange-0.38-0.38-0.38-0.42-0.72-0.56-0.66-0.59-1.63
Bitgetask 0.0552-0.46-0.38-0.38Same exchange-0.38-0.38-0.42-0.72-0.56-0.66-0.59-1.63
MEXCask 0.0552-0.44-0.36-0.36-0.36-0.36-0.36Same exchange-0.70-0.54-0.64-0.57-1.61
Krakenask 0.0552-0.62-0.54-0.54-0.54-0.54-0.54-0.58Same exchange-0.72-0.82-0.75-1.79
Toobitask 0.0552-0.46-0.38-0.38-0.38Same exchange-0.38-0.42-0.72-0.56-0.66-0.59-1.63
BingXask 0.0553-0.64-0.56-0.56-0.56-0.56-0.56-0.60-0.90Same exchange-0.84-0.78-1.80
WhiteBITask 0.0553-0.64-0.56-0.56-0.56-0.56Same exchange-0.60-0.90-0.74-0.84-0.78-1.80
CEX.IOask 0.055331-0.70-0.62-0.62-0.62-0.62-0.62-0.65-0.96-0.80-0.90Same exchange-1.86
HTXask 0.0558-1.64-1.55-1.55-1.55-1.55-1.55-1.59-1.89-1.73Same exchange-1.77-2.79

OPN perpetual prices by exchange

BuyBybit@ 0.05513SellXT.COM@ 0.05527Net spread 0.01% after 0.24% fees
  • XT.COM
    0.05527
    Bid
    Ask
    0.05528
    Book spread
    0.018%
    24h volume
    $281.7K
    Taker fee
    0.060%

  • OKX
    0.05524
    Bid
    Ask
    0.05525
    Book spread
    0.018%
    24h volume
    $1.3M
    Taker fee
    0.050%

  • Binance
    0.05521
    Bid
    Ask
    0.05522
    Book spread
    0.018%
    24h volume
    $3.7M
    Taker fee
    0.050%

  • MEXC
    0.05521
    Bid
    Ask
    0.05522
    Book spread
    0.018%
    24h volume
    $121K
    Taker fee
    0.020%

  • Gate
    0.0552
    Bid
    Ask
    0.05521
    Book spread
    0.018%
    24h volume
    $114.9K
    Taker fee
    0.050%

  • BingX
    0.0552
    Bid
    Ask
    0.05521
    Book spread
    0.018%
    24h volume
    $1.7M
    Taker fee
    0.050%

  • Toobit
    0.0552
    Bid
    Ask
    0.05524
    Book spread
    0.072%
    24h volume
    $396.4K
    Taker fee
    0.100%

  • Bitget
    0.05518
    Bid
    Ask
    0.05526
    Book spread
    0.145%
    24h volume
    $216.6K
    Taker fee
    0.060%

  • WEEX
    0.05516
    Bid
    Ask
    0.05522
    Book spread
    0.109%
    24h volume
    $24.6K
    Taker fee
    0.080%

  • Aster
    0.05516
    Bid
    Ask
    0.05525
    Book spread
    0.163%
    24h volume
    $11.2K
    Taker fee
    0.035%

  • Bybit
    0.05511
    Bid
    Ask
    0.05513
    Book spread
    0.036%
    24h volume
    $1.4M
    Taker fee
    0.060%

  • KuCoin
    0.05508
    Bid
    Ask
    0.05524
    Book spread
    0.290%
    24h volume
    $84.8K
    Taker fee
    0.060%

  • WOOFi Pro
    0.055
    Bid
    Ask
    0.0554
    Book spread
    0.722%
    Taker fee
    0.050%

  • WhiteBIT
    0.05497
    Bid
    Ask
    0.05528
    Book spread
    0.561%
    24h volume
    $1.6M
    Taker fee
    0.055%

Showing 14 of 14

Net spread for every exchange pair

Each cell buys OPN at one exchange’s ask and sells at another’s bid, less taker fees on every fill. Cheapest asks are at the top, richest bids on the left, so profitable pairs gather in the top-left corner.

Loses after feesProfits after feesFigures are the net spread in % after taker fees on every fill; steps at 0.1%, 0.25%, 0.5%, 1%.
OPN net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on ↓ sell on →XT.COMOKXBinanceMEXCGateBingXToobitBitgetWEEXAsterBybitKuCoinWOOFi ProWhiteBIT
Bybitask 0.05513+0.01-0.02-0.07-0.01-0.09-0.09-0.19-0.15-0.23-0.14Same exchange-0.33-0.46-0.52
Gateask 0.05521-0.11-0.15-0.20-0.14Same exchange-0.22-0.32-0.27-0.35-0.26-0.40-0.46-0.58-0.64
BingXask 0.05521-0.11-0.15-0.20-0.14-0.22Same exchange-0.32-0.27-0.35-0.26-0.40-0.46-0.58-0.64
Binanceask 0.05522-0.13-0.16Same exchange-0.16-0.24-0.24-0.34-0.29-0.37-0.28-0.42-0.47-0.60-0.66
MEXCask 0.05522-0.07-0.10-0.16Same exchange-0.18-0.18-0.28-0.23-0.31-0.22-0.36-0.41-0.54-0.60
WEEXask 0.05522-0.19-0.22-0.28-0.22-0.30-0.30-0.40-0.35Same exchange-0.34-0.48-0.53-0.66-0.72
KuCoinask 0.05524-0.19-0.22-0.27-0.21-0.29-0.29-0.39-0.35-0.42-0.33-0.48Same exchange-0.65-0.72
Toobitask 0.05524-0.27-0.30-0.35-0.29-0.37-0.37Same exchange-0.43-0.50-0.41-0.56-0.61-0.73-0.80
OKXask 0.05525-0.18Same exchange-0.27-0.21-0.29-0.29-0.39-0.35-0.42-0.33-0.47-0.53-0.65-0.72
Asterask 0.05525-0.15-0.19-0.24-0.18-0.26-0.26-0.36-0.32-0.39Same exchange-0.44-0.50-0.62-0.69
Bitgetask 0.05526-0.22-0.26-0.31-0.25-0.33-0.33-0.43Same exchange-0.46-0.37-0.51-0.57-0.69-0.75
WhiteBITask 0.05528-0.25-0.28-0.34-0.28-0.35-0.35-0.45-0.41-0.49-0.40-0.54-0.59-0.72Same exchange
XT.COMask 0.05528Same exchange-0.29-0.35-0.29-0.36-0.36-0.46-0.42-0.50-0.41-0.55-0.60-0.73-0.79
WOOFi Proask 0.0554-0.45-0.49-0.54-0.48-0.56-0.56-0.66-0.62-0.69-0.60-0.74-0.80Same exchange-0.99

Holding perpetual positions? Compare OPN funding rates across exchanges.

Frequently asked questions

Is there a OPN arbitrage opportunity right now?
Yes. On perpetual markets, you can buy OPN on Bybit at 0.05513 and sell on XT.COM at 0.05527, a 0.01% net spread after 0.24% in taker fees.
Which exchange has the cheapest OPN?
Lowest ask price: Spot: WEEX at 0.054896; Perpetual: Bybit at 0.05513.
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.

How the net spread is calculated

New to this? Read what crypto arbitrage is.