ArbiLayer

C98 arbitrage

live

Live Coin98 price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.04%Bitget → Bybit · Perp–Perp
Best perp–perp spread+0.12%Bitget → Bybit
Markets tracked127 venues · 7 perp · 5 spot · 0 DEX
Price range0.29%$0.0172 – $0.0172

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bitget logoBitget$0.0172Bybit logoBybit$0.0172 +0.12%-0.04% +0.12%— 0.000%— LS Chart →
Bitget logoBitget$0.0172Gate logoGate$0.0172 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Bitget logoBitget$0.0172Variational logoVariational$0.0172 +0.06%-0.10% +0.06%— -0.000%— LS Chart →
Binance logoBinance$0.0172Bybit logoBybit$0.0172 +0.06%-0.10% +0.06%— +0.008%— LS Chart →
MEXC logoMEXC$0.0172Bybit logoBybit$0.0172 +0.06%-0.10% +0.06%— +0.008%— LS Chart →
Binance logoBinance$0.0172Gate logoGate$0.0172 0.00%-0.16% +0.00%— +0.008%— LS Chart →
Binance logoBinance$0.0172Variational logoVariational$0.0172 0.00%-0.16% +0.00%— +0.008%— LS Chart →
Bitget logoBitget$0.0172Binance logoBinance$0.0172 0.00%-0.16% -0.00%— -0.008%— LS Chart →
Bitget logoBitget$0.0172MEXC logoMEXC$0.0172 0.00%-0.16% -0.00%— -0.008%— LS Chart →
MEXC logoMEXC$0.0172Gate logoGate$0.0172 0.00%-0.16% +0.00%— +0.008%— LS Chart →
MEXC logoMEXC$0.0172Variational logoVariational$0.0172 0.00%-0.16% +0.00%— +0.008%— LS Chart →
Gate logoGate$0.0172Bybit logoBybit$0.0172 -0.06%-0.22% -0.06%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0172Bybit logoBybit$0.0172 -0.06%-0.22% -0.06%— 0.000%— LS Chart →
Binance logoBinance$0.0172MEXC logoMEXC$0.0172 -0.06%-0.22% -0.06%— -0.000%— LS Chart →
MEXC logoMEXC$0.0172Binance logoBinance$0.0172 -0.06%-0.22% -0.06%— +0.000%— LS Chart →
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.

C98 price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · C98_USDTPerpetual $0.0172$0.0172$0.0172-0.03% +0.030%$12.65M
Bybit logoBybitPerpetual · C98USDTPerpetual $0.0172$0.0172$0.0172+0.03% +0.030%$1.53M
Bitget logoBitgetPerpetual · C98USDTPerpetual $0.0172$0.0172$0.0172-0.17% +0.030%$1.23M
MEXC logoMEXCPerpetual · C98_USDTPerpetual $0.0172$0.0172$0.0172-0.12% +0.022%$253.0K
KuCoin logoKuCoinPerpetual · C98USDTMPerpetual $0.0172$0.0172$0.0172-0.09% +0.030%$225.6K
Bybit logoBybitSpot · C98USDTSpot $0.0172$0.0172$0.0172+0.06% —$149.6K
KuCoin logoKuCoinSpot · C98-USDTSpot $0.0172$0.0172$0.0172+0.06% —$141.5K
Gate logoGateSpot · C98_USDTSpot $0.0172$0.0172$0.0172+0.06% —$74.1K
Variational logoVariationalPerpetual · C98Perpetual $0.0172$0.0173$0.0172+0.12% +0.030%$1.5K
Binance logoBinancePerpetual · C98USDTPerpetual $0.0172$0.0172$0.0172-0.12% +0.022%—
Binance logoBinanceSpot · C98USDTSpot $0.0172$0.0172$0.01720.00% ——
MEXC logoMEXCSpot · C98USDTSpot $0.0172$0.0172$0.01720.00% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

C98 arbitrage explained

Right now Coin98 (C98) trades on 7 venues we scan: 7 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Bitget perp at $0.0172 and the highest bid on Bybit spot at $0.0172.

The widest C98 perpetual spread is between Bitget and Bybit: long C98 on Bitget at $0.0172 and short on Bybit at $0.0172 for +0.12% gross, or -0.04% 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 C98 route is to buy spot on Binance and short the perpetual on Bybit: -0.06% gross, -0.26% net, with +0.030% a day of funding on the short leg.

Spot–spot C98 arbitrage (buy on Binance, withdraw, deposit and sell on Bybit) shows 0.00% 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 C98 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: C98 funding rates · C98 spread charts · Coin98 price · arbitrage scanner for all coins.

Is there a C98 arbitrage opportunity right now?

The best C98 route right now is to buy on Bitget → sell on Bybit (Perp–Perp): +0.12% gross and -0.04% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest C98?

Bitget (perp) has the lowest C98 ask at $0.0172, and Bybit (spot) the highest bid at $0.0172. Prices update every 15 seconds on this page.

How many exchanges list C98?

ArbiLayer tracks 12 C98 markets on 7 venues: 7 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage C98 without transferring coins?

Use two perpetual contracts: go long C98 on the cheaper exchange (Bitget now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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