UMA arbitrage opportunities

UMA is cheapest to buy on Gate at 0.3750 and dearest to sell on Bybit · margin at 0.3757 right now — a +0.187% gap before fees; the scanner sees 102 live pairings.

Buy at

Gate

0.3750

Sell at

Bybit · margin

0.3757

Spread · USDT

+0.187%

Prices by exchange

live

Exchange	Market	Pair	Price	vs average	Bid	Ask
Aster	perp	UMA/USDT	0.3755	+0.074%	0.3747	0.3756
Binance	spot	UMA/USDC	0.3740	—	0.3750	0.3760
Binance	spot	UMA/USDT	0.3760	+0.199%	0.3750	0.3760
Binance	margin	UMA/USDT	0.3760	+0.199%	0.3750	0.3760
Binance	perp	UMA/USDT	0.3754	+0.027%	0.3750	0.3752
BingX	perp	UMA/USDT	0.3755	+0.065%	0.3753	0.3754
Bitget	perp	UMA/USDT	0.3755	+0.065%	0.3751	0.3757
Bybit	spot	UMA/USDT	0.3751	-0.041%	0.3757	0.3762
Bybit	margin	UMA/USDT	0.3751	-0.041%	0.3757	0.3762
Bybit	perp	UMA/USDT	0.3756	+0.092%	0.3752	0.3755
Gate	spot	UMA/USDT	0.3740	-0.334%	0.3737	0.3766
Gate	margin	UMA/USDT	0.3740	-0.334%	0.3737	0.3766
Gate	perp	UMA/USDT	0.3750	-0.068%	0.3749	0.3750
Hyperliquid	perp	UMA/USDC	0.3754	—	0.3751	0.3754
KuCoin	spot	UMA/USDT	0.3750	-0.068%	0.3750	0.3770
KuCoin	perp	UMA/USDT	0.3754	+0.039%	0.3750	0.3756
LBank	spot	UMA/USDT	0.3759	+0.172%	0.3744	0.3757
MEXC	spot	UMA/USDT	0.3756	+0.092%	0.3748	0.3759
MEXC	perp	UMA/USDT	0.3754	+0.039%	0.3751	0.3752
OKX	spot	UMA/USDC	0.3743	—	0.3742	0.3761
OKX	spot	UMA/USDT	0.3749	-0.094%	0.3751	0.3754
OKX	margin	UMA/USDC	0.3743	—	0.3742	0.3761
OKX	margin	UMA/USDT	0.3749	-0.094%	0.3751	0.3754
OKX	perp	UMA/USDT	0.3753	+0.012%	0.3752	0.3754

Perp vs spot

Exchange	Pair	perp	spot	Perp vs spot
Binance	UMA/USDT	0.3754	0.3760	-0.172%
Bybit	UMA/USDT	0.3756	0.3751	+0.133%
Gate	UMA/USDT	0.3750	0.3740	+0.267%
KuCoin	UMA/USDT	0.3754	0.3750	+0.107%
MEXC	UMA/USDT	0.3754	0.3756	-0.053%
OKX	UMA/USDT	0.3753	0.3749	+0.107%

Top pairings for UMA

Long	Short	Kind	Spread	Funding / 24h
Gate perp 0.3750	Binance margin 0.3760	hedge	+0.160%	-0.110%	Open in scanner
Gate perp 0.3750	Bybit margin 0.3751	hedge	+0.107%	-0.060%	Open in scanner
Binance perp 0.3754	Binance margin 0.3760	hedge	+0.106%	-0.098%	Open in scanner
Bybit perp 0.3756	Binance margin 0.3760	hedge	+0.080%	-0.110%	Open in scanner
LBank spot 0.3759	Binance margin 0.3760	hedge	+0.080%	-0.080%	Open in scanner

102 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 UMA, 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 UMA 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.

How to read this

The net spread: what you actually get at your size

The spread at the best prices, less the walk through the book, less both venues' fees — worked through on numbers.

Spread impact: how much your size eats of the spread

The share of the spread your deposit eats, the filter on it, and the max safe size.