CHILLGUY arbitrage explained
Right now Just a chill guy (CHILLGUY) trades on 8 venues we scan: 8 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on KuCoin perp at $0.0117 and the highest bid on Binance perp at $0.0117.
The widest CHILLGUY perpetual spread is between KuCoin and Binance: long CHILLGUY on KuCoin at $0.0117 and short on Binance at $0.0117 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 -0.067% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best CHILLGUY route is to buy spot on Gate and short the perpetual on Binance: +0.05% gross, -0.15% net, with +0.030% a day of funding on the short leg.
Spot–spot CHILLGUY arbitrage (buy on Gate, withdraw, deposit and sell on Bybit) shows -0.05% 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 CHILLGUY 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: CHILLGUY funding rates · CHILLGUY spread charts · Just a chill guy price · arbitrage scanner for all coins.