CKB arbitrage explained
Right now Nervos Network (CKB) trades on 7 venues we scan: 7 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Bitget perp at $0.001307 and the highest bid on KuCoin perp at $0.001311.
The widest CKB perpetual spread is between Bitget and KuCoin: long CKB on Bitget at $0.001307 and short on KuCoin at $0.001311 for +0.31% gross, or +0.15% 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 CKB route is to buy spot on Bitget and short the perpetual on KuCoin: +0.15% gross, -0.05% net, with +0.030% a day of funding on the short leg.
Spot–spot CKB arbitrage (buy on Bitget, withdraw, deposit and sell on Binance) 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 CKB 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: CKB funding rates · CKB spread charts · Nervos Network price · arbitrage scanner for all coins.