Why is the GBP spread so high on some exchanges?

No GBP 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 XT, Kraken and Bitfinex +1, so a transfer there cannot be checked.

Where is GBP cheapest to buy?

Cheapest now on XT: $1.3378; dearest on Kraken: $1.3379, 0.01% apart. 2 exchanges with a liquid GBP market compared, at the mid between bid and ask.

Is there an arbitrage opportunity in GBP right now?

Not on spot after fees: no spot route earns right now. The widest price gap is 0.01% (XT → Kraken), and trading fees and the withdrawal eat it.

What is the GBP spread now?

0.01% between the cheapest (XT) and the dearest (Kraken) exchange, before fees. No route worth taking with an open transfer right now.

GBP arbitrage

GBP on 4 exchanges spot and 5 in futures: live routes, past spreads and how long they last.

Prices at 00:48 UTC · open routes a minute older; real time in the scanners on paid plans · How we count

Price: $1.3379
24h volume: $39.9M
Exchanges: 7; 4 spot · 5 futures
Routes now: 0; 0 take · 0 risky
Gaps in 7 days: 8; 4 over a minute

GBP right now

GBP is cheapest on XT ($1.3378) and dearest on Kraken ($1.3379): 0.01% apart across 2 exchanges with a liquid spot market, before fees.

No route in profit after fees is worth a look right now.

Over 7 days a spread in profit opened 8 times, and 4 of them lasted a minute or longer; one usually closed within 2 min 08 s.

Funding per 8 hours runs from −0.0140% on WEEX to −0.0122% on MEXC, across 2 exchanges (outliers, markets under $50k a day and exchanges publishing no volume left out).

GBP arbitrage opportunities now

No route is profitable after fees right now.

GBP arbitrage strategy

No GBP route worth taking with an open transfer right now. Fresh routes are in the scanner.

GBP price on every exchange

Refreshed every 10 seconds. The best buy and sell prices are highlighted.

Spot · 4

Exchange	Bid	Ask	Book spread	24h volume
XTGBP/USDT	1.3358	1.3398	0.30%	$35.2M
KrakenGBP/USD	1.3362	1.3363	0.00%	$4.5M
BitfinexGBP/USDT	1.3266	1.3396	0.98%	$9,225
BitstampGBP/USD	1.3359	1.3363	0.03%	$7,080

Perpetual futures · 5

Exchange	Bid	Ask	Book spread	Funding	24h volume
MEXCGBP/USDT	1.3379	1.3382	0.02%	−0.0061%/4h	$105.8K
WEEXGBP/USDT	1.3381	1.3383	0.01%	−0.0070%/4h	$52.6K
BitfinexGBP/USDT	1.3262	1.3390	0.96%	0.0000%/8h	$6.66
KrakenGBP/USD	1.3200	1.9900	40.48%	0.0000%/1h	—
LBankGBP/USDT	no quote			−0.0090%/4h	—

How often GBP 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.

Market	Route	Over a minute	Gaps	Median lifetime
spot ↔ perp	Bitfinex spot → MEXC perp	2	3	2 min 08 s
spot ↔ perp	Bitfinex spot → WEEX perp	2	3	2 min 08 s
spot → spot	Kraken spot USD → Bitfinex spot	0	1	18 s
spot ↔ perp	Bitfinex spot → XT perp	0	1	30 s

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
FIATMONEY	BinanceFIAT_MONEY	open	open	0 GBP
GBP	HTXgbp	closed	closed	999 GBP
	LBankgbp	n/a	closed	—
	WhiteBIT	open	open	—

Gaps of a minute or longer, last 7 days

When (UTC)	Market	Route	Spread	Lasted	Transfer
Oct 24, 01:29 AM	spot ↔ perp	Bitfinex → MEXC	0.244%	2 min 09 s	—
Oct 24, 01:29 AM	spot ↔ perp	Bitfinex → WEEX	0.139%	2 min 09 s	—
Oct 22, 06:41 PM	spot ↔ perp	Bitfinex → MEXC	0.220%	8 h 49 min	—
Oct 22, 06:41 PM	spot ↔ perp	Bitfinex → WEEX	0.115%	8 h 49 min	—

Spread at the peak after taker fees. Lifetime is measured to about 3 s.

More on GBP

GBP funding rates by exchange →

GBP trades on: XT, Kraken, MEXC, WEEX, Bitfinex, Bitstamp

FAQ

Why is the GBP spread so high on some exchanges?: No GBP 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 XT, Kraken and Bitfinex +1, so a transfer there cannot be checked.
Where is GBP cheapest to buy?: Cheapest now on XT: $1.3378; dearest on Kraken: $1.3379, 0.01% apart. 2 exchanges with a liquid GBP market compared, at the mid between bid and ask.
Is there an arbitrage opportunity in GBP right now?: Not on spot after fees: no spot route earns right now. The widest price gap is 0.01% (XT → Kraken), and trading fees and the withdrawal eat it.
What is the GBP spread now?: 0.01% between the cheapest (XT) and the dearest (Kraken) exchange, before fees. No route worth taking with an open transfer right now.