ArbiLayer

CIFR arbitrage

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Live Cipher Digital (Dinari Tokenized Stock) price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.50%Bybit → Gate · Perp–Perp
Best perp–perp spread-0.34%Bybit → Gate
Markets tracked33 venues · 3 perp · 0 spot · 0 DEX
Price range0.97%$14.90 – $15.04

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
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.

CIFR price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
HTX logoHTXPerpetual · CIFR-USDTPerpetual $14.64$15.15$14.90-0.93% 0.000%$165.0K
Bybit logoBybitPerpetual · CIFRUSDTPerpetual $15.02$15.05$15.040.00% 0.000%$122.8K
Gate logoGatePerpetual · CIFR_USDTPerpetual $15.00$15.08$15.04+0.04% 0.000%$4.1K
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

CIFR arbitrage explained

Right now Cipher Digital (Dinari Tokenized Stock) (CIFR) trades on 3 venues we scan: 3 perpetual markets, 0 spot markets and 0 DEX pools.

The widest CIFR perpetual spread is between Bybit and Gate: long CIFR on Bybit at $15.05 and short on Gate at $15.00 for -0.34% gross, or -0.50% 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.

Small CIFR 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: CIFR funding rates · CIFR spread charts · Cipher Digital (Dinari Tokenized Stock) price · arbitrage scanner for all coins.

Is there a CIFR arbitrage opportunity right now?

The best CIFR route right now is to buy on Bybit → sell on Gate (Perp–Perp): -0.34% gross and -0.50% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest CIFR?

Bybit (perp) has the lowest CIFR ask at $15.05. Prices update every 15 seconds on this page.

How many exchanges list CIFR?

ArbiLayer tracks 3 CIFR markets on 3 venues: 3 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage CIFR without transferring coins?

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

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