Why is the SOFTBANK spread so high on some exchanges?

No SOFTBANK route is in profit after fees now; a wide gap usually means a thin book, closed withdrawals or another token under the ticker.

SOFTBANK arbitrage

SOFTBANK on 0 exchanges spot and 6 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: $27.6560
24h volume: $392.8K
Exchanges: 6; 0 spot · 6 futures
Routes now: 0; 0 take · 0 risky
Gaps in 7 days: 35; 27 over a minute

SOFTBANK right now

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

Over 7 days a spread in profit opened 35 times, and 27 of them lasted a minute or longer; one usually closed within 3 min 18 s.

Funding per 8 hours runs from 0.0000% on Bitget to 0.0109% on WEEX, across 3 exchanges (outliers, markets under $50k a day and exchanges publishing no volume left out).

SOFTBANK arbitrage opportunities now

No route is profitable after fees right now.

SOFTBANK arbitrage strategy

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

SOFTBANK price on every exchange

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

Perpetual futures · 6

Exchange	Bid	Ask	Book spread	Funding	24h volume
HTXSOFTBANK/USDT	27.3950	27.7910	1.44%	0.0000%/1h	$179.9K
WEEXSOFTBANK/USDT	27.6210	27.7170	0.35%	0.0109%/8h	$113.8K
BitgetSOFTBANK/USDT	27.6290	27.6570	0.10%	0.0000%/8h	$78.5K
OKXSOFTBANK/USDT	27.6900	27.7100	0.07%	0.0000%/8h	$19.3K
GateSOFTBANK/USDT	27.6600	28.0000	1.22%	0.0000%/8h	$1,339
LBankSOFTBANK/USDT	no quote			0.0000%/8h	—

How often SOFTBANK 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
perp ↔ perp	Bitget perp → OKX perp	11	11	7 min 18 s
perp ↔ perp	Bitget perp → HTX perp	5	11	42 s
perp ↔ perp	OKX perp → HTX perp	3	4	11 min 54 s
perp ↔ perp	OKX perp → Gate perp	3	3	1 min 09 s
perp ↔ perp	Bitget perp → Gate perp	2	3	1 min 18 s
perp ↔ perp	WEEX perp → HTX perp	1	1	1 min 54 s
perp ↔ perp	HTX perp → OKX perp	1	1	2 min 27 s
perp ↔ perp	HTX perp → Gate perp	1	1	4 min 18 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
ETH	Gate	closed	closed	—
SOFTBANK	LBanksoftbank	n/a	closed	—

Gaps of a minute or longer, last 7 days

When (UTC)	Market	Route	Spread	Lasted	Transfer
Oct 23, 05:02 AM	perp ↔ perp	Bitget → Gate	0.249%	4 min 51 s	—
Oct 23, 04:34 AM	perp ↔ perp	OKX → Gate	0.138%	1 min 45 s	—
Oct 23, 04:14 AM	perp ↔ perp	Bitget → HTX	0.316%	5 min 33 s	—
Oct 23, 03:59 AM	perp ↔ perp	OKX → Gate	0.480%	1 min 09 s	—
Oct 23, 03:55 AM	perp ↔ perp	OKX → HTX	0.722%	11 min 54 s	—
Oct 23, 03:00 AM	perp ↔ perp	HTX → Gate	0.206%	4 min 18 s	—
Oct 23, 02:31 AM	perp ↔ perp	OKX → Gate	0.342%	1 min 03 s	—
Oct 23, 02:11 AM	perp ↔ perp	Bitget → OKX	0.150%	5 min 12 s	—
Oct 23, 02:02 AM	perp ↔ perp	Bitget → OKX	0.103%	5 min 09 s	—
Oct 23, 01:44 AM	perp ↔ perp	Bitget → Gate	0.209%	1 min 18 s	—
Oct 22, 11:30 PM	perp ↔ perp	Bitget → OKX	0.247%	26 min 21 s	—
Oct 22, 11:25 PM	perp ↔ perp	Bitget → HTX	0.560%	4 min 42 s	—
Oct 22, 09:38 PM	perp ↔ perp	Bitget → OKX	0.158%	22 min 36 s	—
Oct 22, 08:34 PM	perp ↔ perp	Bitget → OKX	0.312%	42 min 03 s	—
Oct 22, 07:35 PM	perp ↔ perp	HTX → OKX	0.516%	2 min 27 s	—
Oct 22, 07:06 PM	perp ↔ perp	OKX → HTX	0.683%	23 min 48 s	—
Oct 22, 05:25 PM	perp ↔ perp	Bitget → OKX	0.287%	1 h 19 min	—
Oct 22, 12:13 PM	perp ↔ perp	Bitget → OKX	0.134%	7 min 18 s	—
Oct 21, 03:33 PM	perp ↔ perp	Bitget → OKX	0.329%	6 min 42 s	—
Oct 20, 09:22 PM	perp ↔ perp	Bitget → HTX	0.128%	1 min 21 s	—
Oct 20, 12:40 AM	perp ↔ perp	Bitget → OKX	0.210%	3 min 18 s	—
Oct 19, 11:41 PM	perp ↔ perp	Bitget → OKX	0.308%	23 min 39 s	—
Oct 19, 02:02 PM	perp ↔ perp	Bitget → OKX	0.212%	5 min 00 s	—
Oct 19, 07:56 AM	perp ↔ perp	Bitget → HTX	1.013%	1 min 54 s	—
Oct 19, 07:56 AM	perp ↔ perp	WEEX → HTX	0.429%	1 min 54 s	—
Oct 19, 07:56 AM	perp ↔ perp	OKX → HTX	0.763%	1 min 54 s	—
Oct 19, 12:29 AM	perp ↔ perp	Bitget → HTX	0.133%	6 min 42 s	—

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

More on SOFTBANK

SOFTBANK funding rates by exchange →

SOFTBANK trades on: HTX, WEEX, Bitget, OKX, Gate

FAQ

Why is the SOFTBANK spread so high on some exchanges?: No SOFTBANK route is in profit after fees now; a wide gap usually means a thin book, closed withdrawals or another token under the ticker.