# ORDI Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-03 20:10 UTC, ArbTide tracks ORDI spot and perpetual prices across exchanges. On spot markets, the best route has a -0.02% gross spread, which fees turn into a -0.22% net loss. On perpetual markets, the best route has a 0.02% gross spread, which fees turn into a -0.18% net loss.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Bybit | [ORDI/USDT](https://www.bybit.com/en/trade/spot/ORDI/USDT) | 4.564 | 4.567 | 0.066% | $217.4K | 0.100% |
| MEXC | [ORDI/USDT](https://www.mexc.com/exchange/ORDI_USDT) | 4.566 | 4.567 | 0.022% | $63.7K | 0.050% |
| BingX | [ORDI/USDT](https://bingx.com/en/spot/ORDIUSDT) | 4.565 | 4.567 | 0.044% | $82.9K | 0.100% |
| WEEX | [ORDI/USDT](https://www.weex.com/spot/ORDI-USDT) | 4.565 | 4.567 | 0.044% | $22.4K | 0.100% |
| Crypto.com | [ORDI/USD](https://crypto.com/exchange/trade/ORDI_USD) | 4.4974 | 4.5674 | 1.533% | $1.1K | 0.500% |
| Binance | [ORDI/USDT](https://www.binance.com/en/trade/ORDI_USDT?type=spot) | 4.566 | 4.568 | 0.044% | $1.2M | 0.100% |
| BTSE | [ORDI/USD](https://www.btse.com/en/trading/ORDI-USD) | 4.565 | 4.568 | 0.066% | $23.9K | 0.020% |
| OKX | [ORDI/USDT](https://www.okx.com/trade-spot/ordi-usdt) | 4.566 | 4.569 | 0.066% | $1M | 0.150% |
| Bitget | [ORDI/USDT](https://www.bitget.com/spot/ORDIUSDT) | 4.562 | 4.569 | 0.153% | $36K | 0.100% |
| KuCoin | [ORDI/USDT](https://www.kucoin.com/trade/ORDI-USDT) | 4.565 | 4.569 | 0.088% | $104.4K | 0.100% |
| Toobit | [ORDI/USDT](https://www.toobit.com/en-US/spot/ORDI_USDT) | 4.566 | 4.569 | 0.066% | $210.4K | 0.100% |
| DigiFinex | [ORDI/USDT](https://www.digifinex.com/en-ww/trade/USDT/ORDI) | 4.566 | 4.569 | 0.066% | $10.5K | 0.200% |
| XT.COM | [ORDI/USDT](https://www.xt.com/en/trade/ordi_usdt) | 4.56 | 4.57 | 0.219% | $175.2K | 0.200% |
| Gate | [ORDI/USDT](https://www.gate.com/trade/ORDI_USDT) | 4.57 | 4.571 | 0.022% | $53.9K | 0.200% |
| CEX.IO | [ORDI/USDT](https://trade.cex.io/spot/ORDI-USDT) | 4.5663 | 4.571 | 0.103% | $118.3 | 0.100% |
| Deepcoin | [ORDI/USDT](https://www.deepcoin.com/en/spot/ORDI-USDT) | 4.564 | 4.571 | 0.153% | $38.4K | 0.150% |
| HTX | [ORDI/USDT](https://www.htx.com/trade/ordi_usdt) | 4.5548 | 4.5718 | 0.372% | $611.7K | 0.200% |
| BigONE | [ORDI/USDT](https://big.one/en/trade/ordi-USDT) | 4.543 | 4.591 | 1.046% | $51.1K | 0.100% |

### 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 | CEX.IO | MEXC | Binance | OKX | Toobit | DigiFinex | BingX | WEEX | BTSE | KuCoin | Bybit | Deepcoin | Bitget | XT.COM | HTX | BigONE | Crypto.com |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Bybit | -0.23% | -0.22% | -0.17% | -0.22% | -0.27% | -0.22% | -0.32% | -0.24% | -0.24% | -0.16% | -0.24% | — | -0.32% | -0.31% | -0.45% | -0.57% | -0.73% | -2.12% |
| MEXC | -0.18% | -0.17% | — | -0.17% | -0.22% | -0.17% | -0.27% | -0.19% | -0.19% | -0.11% | -0.19% | -0.22% | -0.27% | -0.26% | -0.40% | -0.52% | -0.68% | -2.07% |
| BingX | -0.23% | -0.22% | -0.17% | -0.22% | -0.27% | -0.22% | -0.32% | — | -0.24% | -0.16% | -0.24% | -0.27% | -0.32% | -0.31% | -0.45% | -0.57% | -0.73% | -2.12% |
| WEEX | -0.23% | -0.22% | -0.17% | -0.22% | -0.27% | -0.22% | -0.32% | -0.24% | — | -0.16% | -0.24% | -0.27% | -0.32% | -0.31% | -0.45% | -0.57% | -0.73% | -2.12% |
| Crypto.com | -0.64% | -0.62% | -0.58% | -0.63% | -0.68% | -0.63% | -0.73% | -0.65% | -0.65% | -0.57% | -0.65% | -0.67% | -0.72% | -0.72% | -0.86% | -0.98% | -1.13% | — |
| Binance | -0.26% | -0.24% | -0.19% | — | -0.29% | -0.24% | -0.34% | -0.27% | -0.27% | -0.19% | -0.27% | -0.29% | -0.34% | -0.33% | -0.48% | -0.59% | -0.75% | -2.15% |
| BTSE | -0.18% | -0.16% | -0.11% | -0.16% | -0.21% | -0.16% | -0.26% | -0.19% | -0.19% | — | -0.19% | -0.21% | -0.26% | -0.25% | -0.40% | -0.51% | -0.67% | -2.07% |
| OKX | -0.33% | -0.31% | -0.27% | -0.32% | — | -0.32% | -0.42% | -0.34% | -0.34% | -0.26% | -0.34% | -0.36% | -0.41% | -0.40% | -0.55% | -0.66% | -0.82% | -2.22% |
| Bitget | -0.28% | -0.26% | -0.22% | -0.27% | -0.32% | -0.27% | -0.37% | -0.29% | -0.29% | -0.21% | -0.29% | -0.31% | -0.36% | — | -0.50% | -0.61% | -0.77% | -2.17% |
| KuCoin | -0.28% | -0.26% | -0.22% | -0.27% | -0.32% | -0.27% | -0.37% | -0.29% | -0.29% | -0.21% | — | -0.31% | -0.36% | -0.35% | -0.50% | -0.61% | -0.77% | -2.17% |
| Toobit | -0.28% | -0.26% | -0.22% | -0.27% | -0.32% | — | -0.37% | -0.29% | -0.29% | -0.21% | -0.29% | -0.31% | -0.36% | -0.35% | -0.50% | -0.61% | -0.77% | -2.17% |
| DigiFinex | -0.38% | -0.36% | -0.32% | -0.37% | -0.42% | -0.37% | — | -0.39% | -0.39% | -0.31% | -0.39% | -0.41% | -0.46% | -0.45% | -0.60% | -0.71% | -0.87% | -2.27% |
| XT.COM | -0.40% | -0.38% | -0.34% | -0.39% | -0.44% | -0.39% | -0.49% | -0.41% | -0.41% | -0.33% | -0.41% | -0.43% | -0.48% | -0.48% | — | -0.73% | -0.89% | -2.29% |
| Gate | — | -0.40% | -0.36% | -0.41% | -0.46% | -0.41% | -0.51% | -0.43% | -0.43% | -0.35% | -0.43% | -0.45% | -0.50% | -0.50% | -0.64% | -0.75% | -0.91% | -2.31% |
| CEX.IO | -0.32% | — | -0.26% | -0.31% | -0.36% | -0.31% | -0.41% | -0.33% | -0.33% | -0.25% | -0.33% | -0.35% | -0.40% | -0.40% | -0.54% | -0.65% | -0.81% | -2.21% |
| Deepcoin | -0.37% | -0.35% | -0.31% | -0.36% | -0.41% | -0.36% | -0.46% | -0.38% | -0.38% | -0.30% | -0.38% | -0.40% | — | -0.45% | -0.59% | -0.70% | -0.86% | -2.26% |
| HTX | -0.44% | -0.42% | -0.38% | -0.43% | -0.48% | -0.43% | -0.53% | -0.45% | -0.45% | -0.37% | -0.45% | -0.47% | -0.52% | -0.51% | -0.66% | — | -0.93% | -2.33% |
| BigONE | -0.76% | -0.74% | -0.69% | -0.74% | -0.79% | -0.74% | -0.84% | -0.77% | -0.77% | -0.69% | -0.77% | -0.79% | -0.84% | -0.83% | -0.98% | -1.09% | — | -2.64% |

## Perpetual prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Extended | [ORDI/USDC:USDC](https://app.extended.exchange/perp/ORDI-USD) | 4.5584 | 4.561 | 0.057% | $5.7K | 0.200% |
| Binance | [ORDI/USDT:USDT](https://www.binance.com/en/futures/ORDIUSDT) | 4.562 | 4.563 | 0.022% | $8.2M | 0.050% |
| Bybit | [ORDI/USDT:USDT](https://www.bybit.com/trade/usdt/ORDIUSDT) | 4.561 | 4.563 | 0.044% | $1.9M | 0.060% |
| Bitget | [ORDI/USDT:USDT](https://www.bitget.com/futures/usdt/ORDIUSDT) | 4.562 | 4.563 | 0.022% | $484K | 0.060% |
| MEXC | [ORDI/USDT:USDT](https://www.mexc.com/futures/ORDI_USDT) | 4.562 | 4.563 | 0.022% | $792.4K | 0.000% |
| BingX | [ORDI/USDT:USDT](https://bingx.com/en/perpetual/ORDI-USDT) | 4.562 | 4.563 | 0.022% | $2.4M | 0.050% |
| WEEX | [ORDI/USDT:USDT](https://www.weex.com/futures/ORDI-USDT) | 4.562 | 4.563 | 0.022% | $845K | 0.080% |
| Deepcoin | [ORDI/USDT:USDT](https://www.deepcoin.com/en/swap/ORDI-USDT) | 4.562 | 4.563 | 0.022% | $582.7K | 0.150% |
| DigiFinex | [ORDI/USDT:USDT](https://www.digifinex.com/en-ww/swap/ORDIUSDTPERP) | 4.562 | 4.563 | 0.022% | $6.4M | 0.200% |
| OKX | [ORDI/USDT:USDT](https://www.okx.com/trade-swap/ordi-usdt-swap) | 4.563 | 4.564 | 0.022% | $5.5M | 0.050% |
| XT.COM | [ORDI/USDT:USDT](https://www.xt.com/en/futures/trade/ordi_usdt) | 4.561 | 4.564 | 0.066% | $2.9M | 0.060% |
| Toobit | [ORDI/USDT:USDT](https://www.toobit.com/en-US/futures/ORDI-SWAP-USDT) | 4.562 | 4.564 | 0.044% | $852.3K | 0.100% |
| Gate | [ORDI/USDT:USDT](https://www.gate.com/futures/USDT/ORDI_USDT) | 4.564 | 4.566 | 0.044% | $1M | 0.050% |
| BTSE | [ORDI/USDT:USDT](https://www.btse.com/en/futures/ORDI-PERP) | 4.562 | 4.566 | 0.088% | $202K | 0.055% |
| Aster | [ORDI/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/ORDIUSDT) | 4.561 | 4.566 | 0.110% | $38.2K | 0.035% |
| Crypto.com | [ORDI/USD:USD](https://crypto.com/exchange/trade/ORDIUSD-PERP) | 4.5665 | 4.5673 | 0.018% | $364.3 | 0.500% |
| KuCoin | [ORDI/USDT:USDT](https://www.kucoin.com/trade/futures/ORDIUSDTM) | 4.5611 | 4.5676 | 0.142% | $155K | 0.060% |
| Hyperliquid | [ORDI/USDC:USDC](https://app.hyperliquid.xyz/trade/ORDI) | 4.5648 | 4.5713 | 0.142% | $95.7K | 0.045% |
| WhiteBIT | [ORDI/USDT:USDT](https://whitebit.com/trade/ORDI-PERP?type=futures) | 4.556 | 4.576 | 0.437% | $5.7M | 0.055% |
| HTX | [ORDI/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=ORDI-USDT&contract_type=swap&type=cross) | 4.562 | 4.578 | 0.349% | $56.9K | 0.050% |

### 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 → | Crypto.com | Hyperliquid | Gate | OKX | Binance | Bitget | MEXC | BingX | WEEX | Deepcoin | DigiFinex | Toobit | BTSE | HTX | KuCoin | Bybit | XT.COM | Aster | Extended | WhiteBIT |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Extended | -1.28% | -0.41% | -0.43% | -0.46% | -0.48% | -0.50% | -0.38% | -0.48% | -0.54% | -0.68% | -0.78% | -0.58% | -0.49% | -0.48% | -0.52% | -0.52% | -0.52% | -0.47% | — | -0.62% |
| Binance | -1.02% | -0.15% | -0.18% | -0.20% | — | -0.24% | -0.12% | -0.22% | -0.28% | -0.42% | -0.52% | -0.32% | -0.23% | -0.22% | -0.26% | -0.26% | -0.26% | -0.21% | -0.60% | -0.36% |
| Bybit | -1.04% | -0.17% | -0.20% | -0.22% | -0.24% | -0.26% | -0.14% | -0.24% | -0.30% | -0.44% | -0.54% | -0.34% | -0.25% | -0.24% | -0.28% | — | -0.28% | -0.23% | -0.62% | -0.38% |
| Bitget | -1.04% | -0.17% | -0.20% | -0.22% | -0.24% | — | -0.14% | -0.24% | -0.30% | -0.44% | -0.54% | -0.34% | -0.25% | -0.24% | -0.28% | -0.28% | -0.28% | -0.23% | -0.62% | -0.38% |
| MEXC | -0.92% | -0.05% | -0.08% | -0.10% | -0.12% | -0.14% | — | -0.12% | -0.18% | -0.32% | -0.42% | -0.22% | -0.13% | -0.12% | -0.16% | -0.16% | -0.16% | -0.11% | -0.50% | -0.26% |
| BingX | -1.02% | -0.15% | -0.18% | -0.20% | -0.22% | -0.24% | -0.12% | — | -0.28% | -0.42% | -0.52% | -0.32% | -0.23% | -0.22% | -0.26% | -0.26% | -0.26% | -0.21% | -0.60% | -0.36% |
| WEEX | -1.08% | -0.21% | -0.24% | -0.26% | -0.28% | -0.30% | -0.18% | -0.28% | — | -0.48% | -0.58% | -0.38% | -0.29% | -0.28% | -0.32% | -0.32% | -0.32% | -0.27% | -0.66% | -0.42% |
| Deepcoin | -1.22% | -0.35% | -0.38% | -0.40% | -0.42% | -0.44% | -0.32% | -0.42% | -0.48% | — | -0.72% | -0.52% | -0.43% | -0.42% | -0.46% | -0.46% | -0.46% | -0.41% | -0.80% | -0.56% |
| DigiFinex | -1.32% | -0.45% | -0.48% | -0.50% | -0.52% | -0.54% | -0.42% | -0.52% | -0.58% | -0.72% | — | -0.62% | -0.53% | -0.52% | -0.56% | -0.56% | -0.56% | -0.51% | -0.90% | -0.66% |
| OKX | -1.05% | -0.17% | -0.20% | — | -0.24% | -0.26% | -0.14% | -0.24% | -0.30% | -0.44% | -0.54% | -0.34% | -0.25% | -0.24% | -0.28% | -0.29% | -0.29% | -0.24% | -0.62% | -0.39% |
| XT.COM | -1.07% | -0.19% | -0.22% | -0.24% | -0.26% | -0.28% | -0.16% | -0.26% | -0.32% | -0.46% | -0.56% | -0.36% | -0.27% | -0.26% | -0.30% | -0.31% | — | -0.26% | -0.64% | -0.41% |
| Toobit | -1.15% | -0.27% | -0.30% | -0.32% | -0.34% | -0.36% | -0.24% | -0.34% | -0.40% | -0.54% | -0.64% | — | -0.35% | -0.34% | -0.38% | -0.39% | -0.39% | -0.34% | -0.72% | -0.49% |
| Gate | -1.09% | -0.22% | — | -0.27% | -0.29% | -0.31% | -0.19% | -0.29% | -0.35% | -0.49% | -0.59% | -0.39% | -0.30% | -0.29% | -0.33% | -0.33% | -0.33% | -0.28% | -0.67% | -0.43% |
| BTSE | -1.10% | -0.23% | -0.25% | -0.28% | -0.30% | -0.32% | -0.20% | -0.30% | -0.36% | -0.50% | -0.60% | -0.40% | — | -0.30% | -0.34% | -0.34% | -0.34% | -0.29% | -0.68% | -0.44% |
| Aster | -1.06% | -0.19% | -0.21% | -0.24% | -0.26% | -0.28% | -0.16% | -0.26% | -0.32% | -0.46% | -0.56% | -0.36% | -0.27% | -0.26% | -0.30% | -0.30% | -0.30% | — | -0.64% | -0.40% |
| Crypto.com | — | -1.14% | -1.17% | -1.19% | -1.22% | -1.24% | -1.12% | -1.22% | -1.28% | -1.42% | -1.52% | -1.32% | -1.23% | -1.22% | -1.26% | -1.26% | -1.26% | -1.21% | -1.59% | -1.36% |
| KuCoin | -1.14% | -0.27% | -0.30% | -0.32% | -0.34% | -0.36% | -0.24% | -0.34% | -0.40% | -0.54% | -0.64% | -0.44% | -0.35% | -0.34% | — | -0.38% | -0.38% | -0.33% | -0.72% | -0.48% |
| Hyperliquid | -1.20% | — | -0.35% | -0.37% | -0.39% | -0.41% | -0.29% | -0.39% | -0.45% | -0.59% | -0.69% | -0.49% | -0.40% | -0.39% | -0.43% | -0.44% | -0.44% | -0.39% | -0.77% | -0.53% |
| WhiteBIT | -1.32% | -0.44% | -0.47% | -0.49% | -0.52% | -0.54% | -0.42% | -0.52% | -0.58% | -0.72% | -0.82% | -0.62% | -0.53% | -0.52% | -0.56% | -0.56% | -0.56% | -0.51% | -0.89% | — |
| HTX | -1.35% | -0.48% | -0.51% | -0.53% | -0.55% | -0.57% | -0.45% | -0.55% | -0.61% | -0.75% | -0.85% | -0.65% | -0.56% | — | -0.59% | -0.59% | -0.59% | -0.54% | -0.93% | -0.69% |

## Frequently asked questions

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

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

### Which exchange has the cheapest ORDI?

Lowest ask price: Spot: Bybit at 4.567; Perpetual: Extended at 4.561.

### 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.