ArbiLayer

COOKIE arbitrage

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

Best net spread-0.08%KuCoin → Binance · Perp–Perp
Best perp–perp spread+0.08%KuCoin → Binance
Markets tracked137 venues · 7 perp · 6 spot · 0 DEX
Price range0.36%$0.0118 – $0.0119

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
KuCoin logoKuCoin$0.0119Binance logoBinance$0.0119 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0119MEXC logoMEXC$0.0119 +0.08%-0.08% +0.08%— 0.000%— LS Chart →
Bybit logoBybit$0.0119Binance logoBinance$0.0119 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
Bybit logoBybit$0.0119MEXC logoMEXC$0.0119 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
Bitget logoBitget$0.0119Binance logoBinance$0.0119 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bitget logoBitget$0.0119MEXC logoMEXC$0.0119 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Gate logoGate$0.0119Binance logoBinance$0.0119 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Gate logoGate$0.0119MEXC logoMEXC$0.0119 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Variational logoVariational$0.0119Binance logoBinance$0.0119 0.00%-0.16% +0.00%— +0.000%— LS Chart →
Variational logoVariational$0.0119MEXC logoMEXC$0.0119 0.00%-0.16% +0.00%— +0.000%— LS Chart →
KuCoin logoKuCoin$0.0119Bybit logoBybit$0.0118 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
Binance logoBinance$0.0119MEXC logoMEXC$0.0119 -0.03%-0.19% -0.03%— 0.000%-0.84% LS Chart →
MEXC logoMEXC$0.0119Binance logoBinance$0.0119 -0.08%-0.24% -0.08%— 0.000%+0.84% LS Chart →
KuCoin logoKuCoin$0.0119Bitget logoBitget$0.0118 -0.08%-0.24% -0.08%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0119Gate logoGate$0.0118 -0.08%-0.24% -0.08%— 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.

COOKIE price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · COOKIEUSDTPerpetual $0.0118$0.0119$0.0119-0.07% +0.030%$339.8K
Bybit logoBybitSpot · COOKIEUSDTSpot $0.0119$0.0119$0.0119+0.11% —$307.3K
Gate logoGatePerpetual · COOKIE_USDTPerpetual $0.0118$0.0119$0.0119-0.08% +0.030%$192.9K
Bitget logoBitgetPerpetual · COOKIEUSDTPerpetual $0.0118$0.0119$0.0119-0.08% +0.030%$179.1K
MEXC logoMEXCPerpetual · COOKIE_USDTPerpetual $0.0119$0.0119$0.0119+0.04% +0.030%$132.6K
KuCoin logoKuCoinPerpetual · COOKIEUSDTMPerpetual $0.0118$0.0119$0.0118-0.21% +0.030%$42.1K
Gate logoGateSpot · COOKIE_USDTSpot $0.0118$0.0119$0.0119-0.04% —$17.8K
KuCoin logoKuCoinSpot · COOKIE-USDTSpot $0.0119$0.0119$0.01190.00% —$17.6K
Bitget logoBitgetSpot · COOKIEUSDTSpot $0.0119$0.0119$0.01190.00% —$8.7K
Variational logoVariationalPerpetual · COOKIEPerpetual $0.0118$0.0119$0.0118-0.25% +0.030%$5.4K
Binance logoBinancePerpetual · COOKIEUSDTPerpetual $0.0119$0.0119$0.0119+0.02% +0.030%—
Binance logoBinanceSpot · COOKIEUSDTSpot $0.0119$0.0119$0.0119+0.04% ——
MEXC logoMEXCSpot · COOKIEUSDTSpot $0.0119$0.0119$0.0119+0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

COOKIE arbitrage explained

Right now Cookie DAO (COOKIE) trades on 7 venues we scan: 7 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on KuCoin perp at $0.0119 and the highest bid on Bybit spot at $0.0119.

The widest COOKIE perpetual spread is between KuCoin and Binance: long COOKIE on KuCoin at $0.0119 and short on Binance at $0.0119 for +0.08% gross, or -0.08% 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 COOKIE route is to buy spot on Gate and short the perpetual on Binance: -0.03% gross, -0.23% net, with +0.030% a day of funding on the short leg.

Spot–spot COOKIE arbitrage (buy on Gate, withdraw, deposit and sell on Bybit) shows +0.04% 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 COOKIE 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: COOKIE funding rates · COOKIE spread charts · Cookie DAO price · arbitrage scanner for all coins.

Is there a COOKIE arbitrage opportunity right now?

The best COOKIE route right now is to buy on KuCoin → sell on Binance (Perp–Perp): +0.08% gross and -0.08% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest COOKIE?

KuCoin (perp) has the lowest COOKIE ask at $0.0119, and Bybit (spot) the highest bid at $0.0119. Prices update every 15 seconds on this page.

How many exchanges list COOKIE?

ArbiLayer tracks 13 COOKIE markets on 7 venues: 7 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage COOKIE without transferring coins?

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

Arbitrage for other coins

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