COW PROTOCOL (COW) price, where to buy & arbitrage

COW 16 exchanges

CoW Protocol (COW) trades on 16 exchanges that Finder tracks live, across 13 spot, 13 perpetual markets. CoW Protocol arbitrage means buying COW where it is priced lower and selling where it is higher, capturing the gap before it closes. The deepest liquidity is on Bingx ($6,724,858 of $20,529,132 total 24h volume). It can be moved between exchanges over ERC20, POLYGON. With both spot and perpetual COW markets live, the spot-versus-perp gap and the cross-exchange spread are both arbitrage opportunities. Finder compares every COW quote in real time to surface the best cross-exchange arbitrage spread, with live deposit and withdrawal status on each rail. Closed transfer rails are flagged before you act, so a wide spread on a stuck route is never shown as live.

Data refreshed 2026-08-28

View on dashboard CoinGecko ↗

Live · 16 exchanges Real-time ↗

$0.118655

≈ ₽10.19

-0.55%24h

Cross-exchange $0.01 · 11.46%

Asterdex → Htx · 24h high +35.66% · 17h ago

Most liquid Bingx futures · $6.7M/24h

Supported networks 6 chains

EErc20 PPolygon AArbitrum BBase BBep20 GGnosis

COW price · last 7d

+3.11%

low 0.11055 Bingx · 7d high 0.12665

Where to buy COW

CoW Protocol (COW) is listed on 16 exchanges Finder tracks — the most liquid is Bingx. Compare live prices below and buy where COW is cheapest; each link opens the exchange directly.

▸ BUY on Coinex

Where COW trades

26 markets

Exchange

Market

Funding

Bid

Ask

24h Vol

Vol%

NetworkD/WFee

Bingx

spot

—

$0.1181

$0.1184

—

ERC20DW$0.95

Bingx

futures

+0.0050%

$0.1179

$0.1184

$6.7M

32.8%

ERC20DW$0.95

Binance

spot

—

$0.1182

$0.1183

$543k

2.6%

ERC20DW$0.75

Binance

futures

+0.0050%

$0.118

$0.1181

$4.3M

21.0%

ERC20DW$0.75

Lbank

spot

—

$0.1181

$0.1184

$138k

0.7%

ERC20DW$0.99

Lbank

futures

+0.0050%

$0.118

$0.1181

$2.9M

14.2%

ERC20DW$0.99

Ourbit

spot

—

$0.1182

$0.1183

$30k

0.1%

ERC20DW$0.08

Ourbit

futures

+0.0050%

$0.118

$0.1181

$2.1M

10.2%

ERC20DW$0.08

Weex

spot

—

$0.1181

$0.1183

$158

<0.1%

❔

Weex

futures

$0.1173

$0.1187

$1.1M

5.6%

❔

Bitget

spot

—

$0.118

$0.1182

$59k

0.3%

ERC20DW$0.81

Bitget

futures

+0.0050%

$0.118

$0.1181

$540k

2.6%

ERC20DW$0.81

Mexc

spot

—

$0.1182

$0.1183

$63k

0.3%

ERC20DW$0.18

Mexc

futures

+0.0050%

$0.118

$0.1181

$215k

1.0%

ERC20DW$0.18

Gateio

spot

—

$0.118

$0.1182

$40k

0.2%

ERC20DW$0.98

Gateio

futures

+0.0050%

$0.1181

$0.1182

$90k

0.4%

ERC20DW$0.98

Kucoin

spot

—

$0.118

$0.1183

$34k

0.2%

ERC20DW$0.95

Kucoin

futures

+0.0050%

$0.1182

$0.1183

$49k

0.2%

ERC20DW$0.95

Kraken

spot

—

$0.1181

$0.1184

$11k

<0.1%

❔

Kraken

futures

+0.0156%

$0.11769

$0.11834

$9k

<0.1%

❔

Bybit

futures

+0.0050%

$0.11824

$0.11831

$817k

4.0%

❔

Phemex

spot

—

$0.118

$0.1186

$265k

1.3%

ERC20DW

futures

+0.0100%

$0.118

$0.1181

$255k

1.2%

POLYGONDW$47.46

Htx

spot

—

$0.118

$0.145

$180k

0.9%

ERC20DW$1.75

Asterdex

futures

+0.0013%

$0.1179

$0.1182

$9k

<0.1%

❔

Coinex

spot

—

$0.117628

$0.118334

$2k

<0.1%

ERC20DW$0.06

COW order-book walls

2 walls

Large resting limit orders sitting on COW order books right now: buy walls (support) and sell walls (resistance), ranked by size with distance from the mid price and the venue. Updated live.

Side

Price

Size

From mid

Of side

Exchange

Support

$0.1173

$315k

0.55%

65%

Lbank futures

Resistance

$0.1186

$312k

0.55%

68%

Lbank futures

About CoW Protocol spreads

Where can I buy COW?

COW is listed on 26 exchanges: Asterdex, Binance, Bingx, Bitget, Bybit, Coinex, Gateio, Htx, …. The highest-volume market is Bingx ($6,724,858 24h). Current lowest price: $0.117981 on Coinex (spot).

Where is COW cheapest to buy right now?

The lowest live COW price across the exchanges we track is $0.117981 on Coinex (spot). Prices move every second, so the cheapest exchange can change. The live table above is the source of truth.

Does COW trade on spot or futures?

COW is available across 13 spot markets, 13 perpetual markets. Both spot-versus-perp and cross-exchange spreads are surfaced on the dashboard.

How do I arbitrage COW between exchanges?

Buy COW on the cheaper exchange and sell on the dearer one, then settle the difference. You either transfer the coin (only when the deposit and withdrawal rail is open) or hold offsetting spot and perpetual legs. The main risks are transfer windows, fees and execution speed, all of which Finder surfaces per spread so you act only on routes that are actually open.

Which networks does COW support for deposit and withdrawal?

COW can be transferred via ERC20, POLYGON networks. Real-time deposit/withdrawal status per exchange is tracked in the table above. Rails change frequently and we refresh our data every few minutes.

How often are COW prices and arbitrage data updated?

Orderbook prices come from exchange WebSockets with per-symbol updates within seconds. Deposit/withdrawal status refreshes every few minutes. Arbitrage spreads are computed continuously from the same stream.