ANKR arbitrage explained
Right now Ankr Network (ANKR) trades on 7 venues we scan: 7 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.004711 and the highest bid on Bybit spot at $0.00472.
The widest ANKR perpetual spread is between Gate and Bybit: long ANKR on Gate at $0.004711 and short on Bybit at $0.004713 for +0.04% gross, or -0.12% 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 +0.195% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best ANKR route is to buy spot on Gate and short the perpetual on Bybit: +0.02% gross, -0.18% net, with +0.030% a day of funding on the short leg.
Spot–spot ANKR arbitrage (buy on Gate, withdraw, deposit and sell on Bybit) shows +0.17% 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 ANKR 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: ANKR funding rates · ANKR spread charts · Ankr Network price · arbitrage scanner for all coins.