BIGTIME arbitrage explained
Right now Big Time (BIGTIME) trades on 9 venues we scan: 9 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Gate spot at $0.008222 and the highest bid on KuCoin spot at $0.00823.
The widest BIGTIME perpetual spread is between OKX and Bybit: long BIGTIME on OKX at $0.008226 and short on Bybit at $0.008229 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 0.000% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best BIGTIME route is to buy spot on Gate and short the perpetual on Bybit: +0.09% gross, -0.11% net, with +0.030% a day of funding on the short leg.
Spot–spot BIGTIME arbitrage (buy on Gate, withdraw, deposit and sell on KuCoin) 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 BIGTIME 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: BIGTIME funding rates · BIGTIME spread charts · Big Time price · arbitrage scanner for all coins.