ArbTide

OPN Arbitrage: Live Price Spreads Across Exchanges

Live

As of 2026-10-03 01:10 UTC, ArbTide tracks OPN spot and perpetual prices across exchanges. On spot markets, the best route has a -0.03% gross spread, which fees turn into a -0.33% net loss. On perpetual markets, the best route has a 0.09% gross spread, which fees turn into a -0.13% net loss.

OPN spot prices by exchange

BuyGate@ 0.05864SellBybit@ 0.05862Net spread -0.33% after 0.30% feesMove on BNB Chain, $0.49 fee.
  • Bybit
    0.05862
    Bid
    Market
    OPN/USDT
    Ask
    0.05866
    Book spread
    0.068%
    24h volume
    $1.4M
    Taker fee
    0.100%

  • Binance
    0.0586
    Bid
    Market
    OPN/USDT
    Ask
    0.0587
    Book spread
    0.170%
    24h volume
    $2.7M
    Taker fee
    0.100%

  • Bitget
    0.0586
    Bid
    Market
    OPN/USDT
    Ask
    0.0588
    Book spread
    0.340%
    24h volume
    $83.3K
    Taker fee
    0.100%

  • Toobit
    0.0586
    Bid
    Market
    OPN/USDT
    Ask
    0.0588
    Book spread
    0.340%
    24h volume
    $331.5K
    Taker fee
    0.100%

  • Gate
    0.05858
    Bid
    Market
    OPN/USDT
    Ask
    0.05864
    Book spread
    0.102%
    24h volume
    $137.1K
    Taker fee
    0.200%

  • MEXC
    0.05858
    Bid
    Market
    OPN/USDT
    Ask
    0.05873
    Book spread
    0.255%
    24h volume
    $89.3K
    Taker fee
    0.080%

  • Kraken
    0.0585
    Bid
    Market
    OPN/USD
    Ask
    0.0587
    Book spread
    0.341%
    24h volume
    $24.8K
    Taker fee
    0.260%

  • BingX
    0.0585
    Bid
    Market
    OPN/USDT
    Ask
    0.0588
    Book spread
    0.510%
    24h volume
    $207.3K
    Taker fee
    0.100%

  • WhiteBIT
    0.0585
    Bid
    Market
    OPN/USDT
    Ask
    0.0588
    Book spread
    0.510%
    24h volume
    $347.8K
    Taker fee
    0.100%

  • CEX.IO
    0.05842
    Bid
    Market
    OPN/USD
    Ask
    0.058836
    Book spread
    0.707%
    24h volume
    $36.3
    Taker fee
    0.100%

  • HTX
    0.0584
    Bid
    Market
    OPN/USDT
    Ask
    0.0589
    Book spread
    0.849%
    24h volume
    $171K
    Taker fee
    0.200%

  • WEEX
    0.054814
    Bid
    Market
    OPN/USDT
    Ask
    0.055274
    Book spread
    0.832%
    24h volume
    $48.6K
    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 →BybitBinanceBitgetToobitGateMEXCKrakenBingXWhiteBITCEX.IOHTXWEEX
WEEXask 0.055274+5.85+5.82+5.82+5.82+5.68+5.80+5.48+5.64+5.64+5.49+5.36Same exchange
Gateask 0.05864-0.33-0.37-0.37-0.37Same exchange-0.38-0.70-0.54-0.54-0.68-0.81-6.82
Bybitask 0.05866Same exchange-0.30-0.30-0.30-0.44-0.32-0.63-0.47-0.47-0.61-0.74-6.76
Binanceask 0.0587-0.34Same exchange-0.37-0.37-0.50-0.38-0.70-0.54-0.54-0.68-0.81-6.82
Krakenask 0.0587-0.50-0.53-0.53-0.53-0.66-0.54Same exchange-0.70-0.70-0.84-0.97-6.98
MEXCask 0.05873-0.37-0.40-0.40-0.40-0.54Same exchange-0.73-0.57-0.57-0.71-0.84-6.85
Bitgetask 0.0588-0.51-0.54Same exchange-0.54-0.67-0.55-0.87-0.71-0.71-0.85-0.98-6.98
BingXask 0.0588-0.51-0.54-0.54-0.54-0.67-0.55-0.87Same exchange-0.71-0.85-0.98-6.98
WhiteBITask 0.0588-0.51-0.54-0.54-0.54-0.67-0.55-0.87-0.71Same exchange-0.85-0.98-6.98
Toobitask 0.0588-0.51-0.54-0.54Same exchange-0.67-0.55-0.87-0.71-0.71-0.85-0.98-6.98
CEX.IOask 0.058836-0.57-0.60-0.60-0.60-0.74-0.62-0.93-0.77-0.77Same exchange-1.04-7.04
HTXask 0.0589-0.78-0.81-0.81-0.81-0.94-0.82-1.14-0.98-0.98-1.11Same exchange-7.24

OPN perpetual prices by exchange

BuyKuCoin@ 0.05863SellOKX@ 0.05868Net spread -0.13% after 0.22% fees
  • Gate
    0.05868
    Bid
    Ask
    0.05869
    Book spread
    0.017%
    24h volume
    $499.5K
    Taker fee
    0.050%

  • XT.COM
    0.05868
    Bid
    Ask
    0.0587
    Book spread
    0.034%
    24h volume
    $759.6K
    Taker fee
    0.060%

  • OKX
    0.05868
    Bid
    Ask
    0.05873
    Book spread
    0.085%
    24h volume
    $3.7M
    Taker fee
    0.050%

  • BingX
    0.05865
    Bid
    Ask
    0.05866
    Book spread
    0.017%
    24h volume
    $1.8M
    Taker fee
    0.050%

  • Bybit
    0.05863
    Bid
    Ask
    0.05865
    Book spread
    0.034%
    24h volume
    $1.9M
    Taker fee
    0.060%

  • Binance
    0.05862
    Bid
    Ask
    0.05864
    Book spread
    0.034%
    24h volume
    $10.1M
    Taker fee
    0.050%

  • MEXC
    0.05862
    Bid
    Ask
    0.05864
    Book spread
    0.034%
    24h volume
    $216.4K
    Taker fee
    0.020%

  • Toobit
    0.05862
    Bid
    Ask
    0.05868
    Book spread
    0.102%
    24h volume
    $1.1M
    Taker fee
    0.100%

  • WEEX
    0.0586
    Bid
    Ask
    0.05866
    Book spread
    0.102%
    24h volume
    $180.3K
    Taker fee
    0.080%

  • WOOFi Pro
    0.0586
    Bid
    Ask
    0.0589
    Book spread
    0.509%
    24h volume
    $6.1K
    Taker fee
    0.050%

  • Bitget
    0.05859
    Bid
    Ask
    0.05866
    Book spread
    0.119%
    24h volume
    $834.8K
    Taker fee
    0.060%

  • Aster
    0.05859
    Bid
    Ask
    0.05872
    Book spread
    0.221%
    24h volume
    $36.4K
    Taker fee
    0.035%

  • Kraken
    0.0585
    Bid
    Ask
    0.0588
    Book spread
    0.510%
    24h volume
    $33K
    Taker fee
    0.050%

  • WhiteBIT
    0.05849
    Bid
    Ask
    0.05881
    Book spread
    0.544%
    24h volume
    $3.1M
    Taker fee
    0.055%

  • KuCoin
    0.05843
    Bid
    Ask
    0.05863
    Book spread
    0.341%
    24h volume
    $248.3K
    Taker fee
    0.060%

Showing 15 of 15

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 →GateXT.COMOKXBingXBybitBinanceMEXCToobitWEEXWOOFi ProBitgetAsterKrakenWhiteBITKuCoin
KuCoinask 0.05863-0.13-0.15-0.13-0.19-0.24-0.24-0.18-0.34-0.33-0.27-0.31-0.26-0.44-0.47Same exchange
Binanceask 0.05864-0.13-0.15-0.13-0.18-0.24Same exchange-0.17-0.33-0.33-0.27-0.31-0.26-0.44-0.47-0.58
MEXCask 0.05864-0.07-0.09-0.07-0.12-0.18-0.17Same exchange-0.27-0.27-0.21-0.25-0.20-0.38-0.41-0.52
Bybitask 0.05865-0.17-0.19-0.17-0.22Same exchange-0.27-0.21-0.37-0.37-0.31-0.34-0.29-0.48-0.50-0.62
Bitgetask 0.05866-0.19-0.21-0.19-0.24-0.29-0.29-0.23-0.39-0.38-0.32Same exchange-0.31-0.49-0.52-0.63
BingXask 0.05866-0.17-0.19-0.17Same exchange-0.27-0.27-0.21-0.37-0.36-0.30-0.34-0.29-0.47-0.50-0.61
WEEXask 0.05866-0.23-0.25-0.23-0.28-0.33-0.33-0.27-0.43Same exchange-0.36-0.40-0.35-0.53-0.56-0.67
Toobitask 0.05868-0.30-0.32-0.30-0.35-0.41-0.40-0.34Same exchange-0.50-0.44-0.47-0.42-0.61-0.63-0.75
Gateask 0.05869Same exchange-0.24-0.22-0.27-0.32-0.32-0.26-0.42-0.41-0.35-0.39-0.34-0.52-0.55-0.66
XT.COMask 0.0587-0.25Same exchange-0.25-0.31-0.36-0.36-0.30-0.46-0.45-0.39-0.43-0.38-0.56-0.59-0.70
Asterask 0.05872-0.24-0.26-0.24-0.29-0.34-0.34-0.28-0.44-0.43-0.37-0.41Same exchange-0.54-0.57-0.68
OKXask 0.05873-0.29-0.31Same exchange-0.34-0.39-0.39-0.33-0.49-0.48-0.42-0.46-0.41-0.59-0.62-0.73
Krakenask 0.0588-0.40-0.42-0.40-0.46-0.51-0.51-0.45-0.61-0.60-0.54-0.58-0.53Same exchange-0.74-0.85
WhiteBITask 0.05881-0.43-0.45-0.43-0.48-0.54-0.53-0.47-0.63-0.63-0.57-0.60-0.55-0.74Same exchange-0.88
WOOFi Proask 0.0589-0.57-0.59-0.57-0.62-0.68-0.68-0.62-0.78-0.77Same exchange-0.75-0.70-0.88-0.91-1.02

Holding perpetual positions? Compare OPN funding rates across exchanges.

Frequently asked questions

Is there a OPN arbitrage opportunity right now?
No. The best OPN routes do not cover taker fees at the moment.
Which exchange has the cheapest OPN?
Lowest ask price: Spot: WEEX at 0.055274; Perpetual: KuCoin at 0.05863.
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.