ANIME arbitrage explained
Right now Animecoin (ANIME) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.003146 and the highest bid on Binance perp at $0.003166.
The widest ANIME perpetual spread is between Variational and Binance: long ANIME on Variational at $0.003146 and short on Binance at $0.003166 for +0.64% gross, or +0.48% 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 ANIME route is to buy spot on OKX and short the perpetual on Binance: +0.35% gross, +0.15% net, with +0.030% a day of funding on the short leg.
Spot–spot ANIME arbitrage (buy on OKX, withdraw, deposit and sell on Bitget) shows +0.10% 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 ANIME 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: ANIME funding rates · ANIME spread charts · Animecoin price · arbitrage scanner for all coins.