Ethena USDe (USDE) arbitrage
As of 2026-10-25 10:55 UTC, there is no USDE route between exchanges: no pair is in profit after taker fees. The closest to profit: buy on Hyperliquid, sell on MEXC, −0.09% after fees.
Futures: no USDE route is in profit after fees right now.
USDE on 18 exchanges spot and 2 in futures: live routes, past spreads and how long they last.
Prices at · open routes a minute older; real time in the scanners on paid plans · How we count
- Price
- $1.0008
- 24h volume
- $4M
- Exchanges
- 18
- 18 spot · 2 futures
- Routes now
- 0
- 0 take · 0 risky
- Gaps in 7 days
- 0
Ethena USDe (USDE) right now
USDE is cheapest on Hyperliquid ($1.0007) and dearest on Bitrue ($1.0016): 0.09% apart across 11 exchanges with a liquid spot market, before fees.
No route in profit after fees is worth a look right now.
Ethena USDe (USDE) arbitrage opportunities now
No route is profitable after fees right now.
Ethena USDe (USDE): net spread between exchanges
Where to buy and where to sell: the net spread after taker fees at the best book prices, for every pair of exchanges with a liquid spot market. A cell in profit with an open transfer leads to the route page.
| Buy ↓ / sell → | Bybit | Binance | LBank | Bitrue | MEXC | Toobit | XT | Hyperliquid | WEEX | Bitget | Kraken |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bybit | — | −0.31% | −0.31% | −0.31% | −0.24% | −0.41% | −0.43% | −0.29% | −0.32% | −0.31% | −0.45% |
| Binance | −0.27% | — | −0.21% | −0.21% | −0.14% | −0.31% | −0.33% | −0.20% | −0.22% | −0.21% | −0.35% |
| LBank | −0.27% | −0.21% | — | −0.21% | −0.14% | −0.31% | −0.33% | −0.20% | −0.22% | −0.21% | −0.35% |
| Bitrue | −0.31% | −0.25% | −0.25% | — | −0.18% | −0.35% | −0.37% | −0.23% | −0.26% | −0.25% | −0.39% |
| MEXC | −0.24% | −0.18% | −0.18% | −0.18% | — | −0.28% | −0.30% | −0.16% | −0.19% | −0.18% | −0.32% |
| Toobit | −0.37% | −0.31% | −0.31% | −0.31% | −0.24% | — | −0.43% | −0.30% | −0.32% | −0.31% | −0.45% |
| XT | −0.39% | −0.33% | −0.33% | −0.33% | −0.26% | −0.43% | — | −0.31% | −0.34% | −0.33% | −0.47% |
| Hyperliquid | −0.22% | −0.16% | −0.16% | −0.16% | −0.09% | −0.26% | −0.28% | — | −0.17% | −0.16% | −0.30% |
| WEEX | −0.26% | −0.20% | −0.20% | −0.20% | −0.13% | −0.30% | −0.32% | −0.19% | — | −0.20% | −0.34% |
| Bitget | −0.27% | −0.21% | −0.21% | −0.21% | −0.14% | −0.31% | −0.33% | −0.20% | −0.22% | — | −0.35% |
| Kraken | −0.50% | −0.44% | −0.44% | −0.44% | −0.37% | −0.54% | −0.56% | −0.43% | −0.45% | −0.44% | — |
- +0.00% ⊘ — transfer closed: withdrawal or deposit closed, no common network or different tokens under the ticker, do not count on that profit
- +0.00% ✕ — the engine flags the pair as suspect (price outlier, dead book), do not count on that profit
- +0.00% ! — verdict avoid
- +0.00% ? — the exchanges publish no network status, whether the coins can arrive is unknown
- −0.00% — not in profit after fees
Ethena USDe (USDE) arbitrage strategy
No USDE route worth taking with an open transfer right now. Fresh routes are in the scanner.
Ethena USDe (USDE) price on every exchange
Refreshed every 10 seconds. The best buy and sell prices are highlighted.
Spot · 18
| Exchange | Bid | Ask | Book spread | 24h volume |
|---|---|---|---|---|
| BybitUSDE/USDT | 1.0010 | 1.0011 | 0.01% | $803.4K |
| BinanceUSDE/USDT | 1.0008 | 1.0009 | 0.01% | $627.5K |
| TokocryptoUSDE/USDT | 1.0008 | 1.0009 | 0.01% | $627.5K |
| LBankUSDE/USDT | 1.0008 | 1.0009 | 0.01% | $538.2K |
| BitrueUSDE/USDT | 1.0008 | 1.0013 | 0.05% | $304.2K |
| MEXCUSDE/USDT | 1.0010 | 1.0011 | 0.01% | $267.9K |
| BitrueUSDE/USDC | 1.0008 | 1.0013 | 0.05% | $176.3K |
| BybitUSDE/USDC | 0.999800 | 1.0000 | 0.02% | $154K |
| ToobitUSDE/USDT | 1.0008 | 1.0009 | 0.01% | $108.5K |
| BinanceUSDE/USDC | 0.999700 | 0.999800 | 0.01% | $79.7K |
| TokocryptoUSDE/USDC | 0.999700 | 0.999800 | 0.01% | $79.7K |
| XTUSDE/USDT | 1.0006 | 1.0011 | 0.05% | $58.7K |
Perpetual futures · 2
| Exchange | Bid | Ask | Book spread | Funding | 24h volume |
|---|---|---|---|---|---|
| BybitUSDE/USDT | 0.998900 | 0.999300 | 0.04% | 0.0043%/8h | $33.1K |
| LBankUSDE/USDT | no quote | 0.0100%/8h | — | ||
How often Ethena USDe (USDE) spreads open
Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.
No gaps in the last 7 days.
Networks, deposits and withdrawals
Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.
| Network | Exchange | Deposit | Withdraw | Withdrawal fee |
|---|---|---|---|---|
| BSC | Binance | open | open | 0.2 USDE |
| ETH | Binance | open | open | 0.5 USDE |
| BitgetERC20 | open | n/a | 1.998 USDE | |
| Bitrue | open | open | 0.76 USDE | |
| BTSEERC20 | open | open | 0.6127 USDE | |
| Bybit | open | open | 1 USDE | |
| Gate | open | open | — | |
| HitBTC | open | open | 23.24 USDE | |
| HTXusde | open | open | 1.789 USDE | |
| KuCoineth | open | open | 5 USDE | |
| LBankerc20 | n/a | open | 0.9992 USDE | |
| MEXC | open | open | 1 USDE | |
| Phemex | n/a | n/a | — | |
| Poloniex | open | open | 0.7533 USDE | |
| Toobit | open | open | 16.8 USDE | |
| XTEthereum | open | open | 7 USDE | |
| GRAM | Gate | open | closed | — |
| MANTLE | Bybit | open | open | 0 USDE |
| MORPH | BitgetMorph | closed | n/a | 0.09991 USDE |
| TON | Bybit | open | open | 1 USDE |
| Gate | open | open | — | |
| MEXCTONCOIN | open | open | 0 USDE |
Gaps of a minute or longer, last 7 days
None of the recent gaps held for a minute or longer.
Spread at the peak after taker fees. Lifetime is measured to about 3 s.
More on Ethena USDe (USDE)
USDE funding rates by exchange →
USDE trades on: Binance, Bybit, LBank, Bitrue, MEXC, Toobit, XT, Hyperliquid, WEEX, Bitget, Kraken, Gate and 6 more
FAQ
- Why is the Ethena USDe (USDE) spread so high on some exchanges?
No USDE route is in profit after fees now; a wide gap usually means a thin book, closed withdrawals or another token under the ticker. We have no network status from Tokocrypto, Hyperliquid and WEEX +2, so a transfer there cannot be checked.
- Where is Ethena USDe (USDE) cheapest to buy?
Cheapest now on Hyperliquid: $1.0007; dearest on Bitrue: $1.0016, 0.09% apart. 11 exchanges with a liquid USDE market compared, at the mid between bid and ask.
- Can I transfer Ethena USDe (USDE) between Binance and Bitrue?
Yes: withdrawals from Binance and deposits to Bitrue are open now on ETH, a withdrawal fee of 0.5 USDE. The networks' status is checked every 5 minutes; every network is in the table below.
- Is there an arbitrage opportunity in Ethena USDe (USDE) right now?
Not on spot after fees: no spot route earns right now. The widest price gap is 0.09% (Hyperliquid → Bitrue), and trading fees and the withdrawal eat it.
- What is the Ethena USDe (USDE) spread now?
0.09% between the cheapest (Hyperliquid) and the dearest (Bitrue) exchange, before fees. No route worth taking with an open transfer right now.