ArbTide

USUAL Arbitrage: Live Price Spreads Across Exchanges

Live

As of 2026-10-03 13:08 UTC, ArbTide tracks USUAL spot and perpetual prices across exchanges. On spot markets, the best route has a -0.08% gross spread, which fees turn into a -0.28% net loss. On perpetual markets, the best route has a 0.05% gross spread, which fees turn into a -0.17% net loss.

USUAL spot prices by exchange

BuyBinance@ 0.01266SellToobit@ 0.01265Net spread -0.28% after 0.20% feesMove on Ethereum, $0.78 fee.
  • Binance
    0.01265
    Bid
    Ask
    0.01266
    Book spread
    0.079%
    24h volume
    $441.9K
    Taker fee
    0.100%

  • BingX
    0.01265
    Bid
    Ask
    0.01266
    Book spread
    0.079%
    24h volume
    $41.4K
    Taker fee
    0.100%

  • XT.COM
    0.01265
    Bid
    Ask
    0.01266
    Book spread
    0.079%
    24h volume
    $66.3K
    Taker fee
    0.200%

  • WEEX
    0.01265
    Bid
    Ask
    0.01267
    Book spread
    0.158%
    24h volume
    $7K
    Taker fee
    0.100%

  • Toobit
    0.01265
    Bid
    Ask
    0.01268
    Book spread
    0.237%
    24h volume
    $107.2K
    Taker fee
    0.100%

  • MEXC
    0.012649
    Bid
    Ask
    0.012661
    Book spread
    0.095%
    24h volume
    $55K
    Taker fee
    0.080%

  • Gate
    0.012644
    Bid
    Ask
    0.012661
    Book spread
    0.134%
    24h volume
    $27.1K
    Taker fee
    0.200%

  • Bitget
    0.01264
    Bid
    Ask
    0.01266
    Book spread
    0.158%
    24h volume
    $7.3K
    Taker fee
    0.100%

  • KuCoin
    0.01264
    Bid
    Ask
    0.01266
    Book spread
    0.158%
    24h volume
    $7K
    Taker fee
    0.100%

  • Kraken
    0.01264
    Bid
    Market
    USUAL/USD
    Ask
    0.01266
    Book spread
    0.158%
    24h volume
    $7.2K
    Taker fee
    0.260%

  • DigiFinex
    0.01264
    Bid
    Ask
    0.01267
    Book spread
    0.237%
    24h volume
    $12.5K
    Taker fee
    0.200%

  • BigONE
    0.0126
    Bid
    Ask
    0.0127
    Book spread
    0.787%
    24h volume
    $4K
    Taker fee
    0.100%

  • CEX.IO
    0.0126
    Bid
    Ask
    0.0127
    Book spread
    0.787%
    24h volume
    $21.8
    Taker fee
    0.100%

Showing 13 of 13

Net spread for every exchange pair

Each cell buys USUAL 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%.
USUAL net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on ↓ sell on →BinanceBingXXT.COMWEEXToobitMEXCGateBitgetKuCoinKrakenDigiFinexBigONECEX.IO
Binanceask 0.01266Same exchange-0.28-0.38-0.28-0.28-0.27-0.43-0.36-0.36-0.52-0.46-0.67-0.67
Bitgetask 0.01266-0.28-0.28-0.38-0.28-0.28-0.27-0.43Same exchange-0.36-0.52-0.46-0.67-0.67
KuCoinask 0.01266-0.28-0.28-0.38-0.28-0.28-0.27-0.43-0.36Same exchange-0.52-0.46-0.67-0.67
BingXask 0.01266-0.28Same exchange-0.38-0.28-0.28-0.27-0.43-0.36-0.36-0.52-0.46-0.67-0.67
Krakenask 0.01266-0.44-0.44-0.54-0.44-0.44-0.43-0.59-0.52-0.52Same exchange-0.62-0.83-0.83
XT.COMask 0.01266-0.38-0.38Same exchange-0.38-0.38-0.37-0.53-0.46-0.46-0.62-0.56-0.77-0.77
Gateask 0.012661-0.39-0.39-0.49-0.39-0.39-0.37Same exchange-0.47-0.47-0.63-0.57-0.78-0.78
MEXCask 0.012661-0.27-0.27-0.37-0.27-0.27Same exchange-0.41-0.35-0.35-0.51-0.45-0.66-0.66
WEEXask 0.01267-0.36-0.36-0.46Same exchange-0.36-0.35-0.51-0.44-0.44-0.60-0.54-0.75-0.75
DigiFinexask 0.01267-0.46-0.46-0.56-0.46-0.46-0.45-0.61-0.54-0.54-0.70Same exchange-0.85-0.85
Toobitask 0.01268-0.44-0.44-0.54-0.44Same exchange-0.42-0.58-0.52-0.52-0.68-0.62-0.83-0.83
BigONEask 0.0127-0.59-0.59-0.69-0.59-0.59-0.58-0.74-0.67-0.67-0.83-0.77Same exchange-0.99
CEX.IOask 0.0127-0.59-0.59-0.69-0.59-0.59-0.58-0.74-0.67-0.67-0.83-0.77-0.99Same exchange

USUAL perpetual prices by exchange

BuyBinance@ 0.012661SellBybit@ 0.012667Net spread -0.17% after 0.22% fees
  • Gate
    0.01267
    Bid
    Ask
    0.0127
    Book spread
    0.236%
    24h volume
    $46K
    Taker fee
    0.050%

  • Bybit
    0.012667
    Bid
    Ask
    0.012681
    Book spread
    0.110%
    24h volume
    $214.5K
    Taker fee
    0.060%

  • BingX
    0.012659
    Bid
    Ask
    0.012669
    Book spread
    0.079%
    24h volume
    $1.3M
    Taker fee
    0.050%

  • Binance
    0.012654
    Bid
    Ask
    0.012661
    Book spread
    0.055%
    24h volume
    $1.6M
    Taker fee
    0.050%

  • MEXC
    0.012654
    Bid
    Ask
    0.012661
    Book spread
    0.055%
    24h volume
    $108K
    Taker fee
    0.020%

  • WEEX
    0.01265
    Bid
    Ask
    0.012664
    Book spread
    0.111%
    24h volume
    $247.2K
    Taker fee
    0.080%

  • XT.COM
    0.01265
    Bid
    Ask
    0.01267
    Book spread
    0.158%
    24h volume
    $782.5K
    Taker fee
    0.060%

  • Bitget
    0.01265
    Bid
    Ask
    0.01268
    Book spread
    0.237%
    24h volume
    $79.6K
    Taker fee
    0.060%

  • Hyperliquid
    0.01265
    Bid
    Ask
    0.01269
    Book spread
    0.315%
    24h volume
    $84.1K
    Taker fee
    0.045%

  • Toobit
    0.012645
    Bid
    Ask
    0.012661
    Book spread
    0.126%
    24h volume
    $160.3K
    Taker fee
    0.100%

  • KuCoin
    0.01264
    Bid
    Ask
    0.01269
    Book spread
    0.394%
    24h volume
    $32.8K
    Taker fee
    0.060%

  • WhiteBIT
    0.012624
    Bid
    Ask
    0.012682
    Book spread
    0.457%
    24h volume
    $1.5M
    Taker fee
    0.055%

  • Kraken
    0.012611
    Bid
    Ask
    0.012705
    Book spread
    0.740%
    24h volume
    $601.2
    Taker fee
    0.050%

Showing 13 of 13

Net spread for every exchange pair

Each cell buys USUAL 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%.
USUAL net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on ↓ sell on →GateBybitBingXBinanceMEXCWEEXXT.COMBitgetHyperliquidToobitKuCoinWhiteBITKraken
Binanceask 0.012661-0.13-0.17-0.22Same exchange-0.20-0.35-0.31-0.31-0.28-0.43-0.39-0.50-0.59
MEXCask 0.012661-0.07-0.11-0.16-0.20Same exchange-0.29-0.25-0.25-0.22-0.37-0.33-0.44-0.53
Toobitask 0.012661-0.23-0.27-0.32-0.36-0.30-0.45-0.41-0.41-0.38Same exchange-0.49-0.60-0.69
WEEXask 0.012664-0.21-0.26-0.30-0.34-0.28Same exchange-0.39-0.39-0.36-0.51-0.47-0.59-0.68
BingXask 0.012669-0.19-0.24Same exchange-0.32-0.26-0.41-0.37-0.37-0.34-0.49-0.45-0.57-0.66
XT.COMask 0.01267-0.22-0.26-0.31-0.35-0.29-0.44Same exchange-0.40-0.37-0.52-0.48-0.59-0.69
Bitgetask 0.01268-0.30-0.34-0.39-0.43-0.37-0.52-0.48Same exchange-0.45-0.60-0.56-0.67-0.76
Bybitask 0.012681-0.31Same exchange-0.39-0.43-0.37-0.52-0.48-0.48-0.45-0.60-0.56-0.68-0.77
WhiteBITask 0.012682-0.30-0.35-0.39-0.43-0.37-0.52-0.48-0.48-0.45-0.60-0.56Same exchange-0.77
KuCoinask 0.01269-0.38-0.42-0.46-0.50-0.44-0.60-0.56-0.56-0.53-0.67Same exchange-0.75-0.84
Hyperliquidask 0.01269-0.35-0.39-0.43-0.47-0.41-0.57-0.53-0.53Same exchange-0.64-0.60-0.72-0.81
Gateask 0.0127Same exchange-0.48-0.52-0.56-0.50-0.65-0.61-0.61-0.58-0.73-0.69-0.81-0.90
Krakenask 0.012705-0.48-0.52-0.56-0.60-0.54-0.69-0.65-0.65-0.62-0.77-0.73-0.85Same exchange

Holding perpetual positions? Compare USUAL funding rates across exchanges.

Frequently asked questions

Is there a USUAL arbitrage opportunity right now?
No. The best USUAL routes do not cover taker fees at the moment.
Which exchange has the cheapest USUAL?
Lowest ask price: Spot: Binance at 0.01266; Perpetual: Binance at 0.012661.
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.