COW arbitrage opportunities

COW is cheapest to buy on Bitget at 0.1297 and dearest to sell on Binance · margin at 0.1300 right now — a +0.231% gap before fees; the scanner sees 84 live pairings.

Buy at
Bitget
0.1297
Sell at
Binance · margin
0.1300
Spread · USDT
+0.231%

Prices by exchange

live
ExchangeMarketPairPricevs averageBidAsk
AsterperpCOW/USDT0.1301+0.053%0.12940.1300
BinancespotCOW/USDT0.1304+0.256%0.13000.1302
BinancemarginCOW/USDT0.1304+0.256%0.13000.1302
BinanceperpCOW/USDT0.1298-0.193%0.12970.1298
BingXspotCOW/USDT0.1303+0.179%0.12990.1303
BingXperpCOW/USDT0.1302+0.102%0.12980.1299
BitgetspotCOW/USDT0.1300-0.052%0.12980.1301
BitgetperpCOW/USDT0.1300-0.052%0.12960.1297
BybitperpCOW/USDT0.1302+0.071%0.13000.1300
GatespotCOW/USDT0.1303+0.179%0.13000.1301
GatemarginCOW/USDT0.1303+0.179%0.13000.1301
GateperpCOW/USDT0.1300-0.052%0.12980.1300
KuCoinspotCOW/USDT0.1294-0.513%0.12990.1303
KuCoinperpCOW/USDT0.1301+0.025%0.12980.1300
LBankspotCOW/USDT0.1302+0.102%0.13010.1303
LBankperpCOW/USDT0.1298-0.206%0.12970.1298
MEXCspotCOW/USDT0.1300-0.052%0.13000.1302
MEXCperpCOW/USDT0.1297-0.282%0.12970.1298

Perp vs spot

ExchangePairperpspotPerp vs spot
BinanceCOW/USDT0.12980.1304-0.448%
BingXCOW/USDT0.13020.1303-0.077%
BitgetCOW/USDT0.13000.13000.000%
GateCOW/USDT0.13000.1303-0.230%
KuCoinCOW/USDT0.13010.1294+0.541%
LBankCOW/USDT0.12980.1302-0.307%
MEXCCOW/USDT0.12970.1300-0.231%

Top pairings for COW

LongShortKindSpreadFunding / 24h
Binance perp 0.1298Binance margin 0.1304hedge+0.154%-0.126%Open in scanner
Binance perp 0.1298Gate margin 0.1303hedge+0.154%-0.040%Open in scanner
Bitget perp 0.1300Binance margin 0.1304hedge+0.154%-0.105%Open in scanner
Bitget perp 0.1300Gate margin 0.1303hedge+0.154%-0.019%Open in scanner
LBank perp 0.1298Binance margin 0.1304hedge+0.154%-0.126%Open in scanner

84 pairings in the scanner

See every pairing live

The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.

Open the scanner

Below are the venues the scanner watches for COW, each against the average of them all, and the perpetual’s premium over spot where one exchange quotes both. The best buy and the best sell are picked among venues in one quote currency.

A gap at the touch is not what you get: the book under it, the fees of both legs and the time to move funds eat into it. The pairings the scanner ranks are measured through the book at a given size and after fees — that is the net spread, and that is what to compare.

The first pairings are shown here as they stand right now; the whole list with filters, alerts and the journal is in the scanner.

FAQ

Why is COW priced differently on each exchange?

Every exchange is its own market with its own buyers and sellers; prices converge through arbitrage, not by decree, so a gap is always there and never exactly zero.

Is the best spread shown here what I would get?

No — it is the gap at the touch before fees. The scanner measures each pairing through the order book at your size and after both legs’ fees.

How fresh are these numbers?

The page is rendered from the scanner’s own data and refreshed in the browser every couple of seconds, the same freshness the scanner has.

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