ArbiLayer

AGENCY arbitrage

live

Live Agency price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+1.90%MEXC → Gate · Perp–Perp
Best perp–perp spread+2.06%MEXC → Gate
Markets tracked32 venues · 2 perp · 1 spot · 0 DEX
Price range2.50%$0.006455 – $0.006619

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

AGENCY price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · AGENCY_USDTPerpetual $0.006603$0.006635$0.006619+0.78% +0.030%$2.36M
MEXC logoMEXCPerpetual · AGENCY_USDTPerpetual $0.00644$0.00647$0.006455-1.72% +0.120%$237.5K
MEXC logoMEXCSpot · AGENCYUSDTSpot $0.006536$0.0066$0.0065680.00% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

AGENCY arbitrage explained

Right now Agency (AGENCY) trades on 2 venues we scan: 2 perpetual markets, 1 spot market and 0 DEX pools. The lowest ask is on MEXC perp at $0.00647 and the highest bid on Gate perp at $0.006603.

The widest AGENCY perpetual spread is between MEXC and Gate: long AGENCY on MEXC at $0.00647 and short on Gate at $0.006603 for +2.06% gross, or +1.90% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is -0.090% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best AGENCY route is to buy spot on MEXC and short the perpetual on Gate: +0.05% gross, -0.15% net, with +0.030% a day of funding on the short leg.

Small AGENCY gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: AGENCY funding rates · AGENCY spread charts · Agency price · arbitrage scanner for all coins.

Is there a AGENCY arbitrage opportunity right now?

The best AGENCY route right now is to buy on MEXC → sell on Gate (Perp–Perp): +2.06% gross and +1.90% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest AGENCY?

MEXC (perp) has the lowest AGENCY ask at $0.00647, and Gate (perp) the highest bid at $0.006603. Prices update every 15 seconds on this page.

How many exchanges list AGENCY?

ArbiLayer tracks 3 AGENCY markets on 2 venues: 2 perpetual, 1 spot and 0 DEX pools.

How do I arbitrage AGENCY without transferring coins?

Use two perpetual contracts: go long AGENCY on the cheaper exchange (MEXC now) and short it on the more expensive one (Gate), then close both legs when the spread converges. The coins never move between exchanges.

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