ALT arbitrage explained
Right now AltLayer (ALT) trades on 8 venues we scan: 8 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $0.007351 and the highest bid on Bybit spot at $0.007361.
The widest ALT perpetual spread is between Binance and KuCoin: long ALT on Binance at $0.007351 and short on KuCoin at $0.007359 for +0.11% gross, or -0.05% 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 0.000% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best ALT route is to buy spot on Gate and short the perpetual on KuCoin: -0.07% gross, -0.27% net, with +0.030% a day of funding on the short leg.
Spot–spot ALT arbitrage (buy on Gate, withdraw, deposit and sell on Bybit) shows -0.04% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small ALT 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: ALT funding rates · ALT spread charts · AltLayer price · arbitrage scanner for all coins.