COLLECT arbitrage explained
Right now Collect on Fanable (COLLECT) trades on 6 venues we scan: 5 perpetual markets, 2 spot markets and 0 DEX pools. The lowest ask is on Bitget spot at $0.0201 and the highest bid on MEXC perp at $0.0201.
The widest COLLECT perpetual spread is between Gate and Binance: long COLLECT on Gate at $0.0201 and short on Binance at $0.0201 for 0.00% gross, or -0.16% 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 COLLECT route is to buy spot on Bitget and short the perpetual on Binance: +0.11% gross, -0.09% net, with +0.030% a day of funding on the short leg.
Spot–spot COLLECT arbitrage (buy on MEXC, withdraw, deposit and sell on Bitget) shows -0.17% 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 COLLECT 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: COLLECT funding rates · COLLECT spread charts · Collect on Fanable price · arbitrage scanner for all coins.