ArbiLayer

COOL arbitrage

live

Live HYPE3.cool price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+5.03%MEXC → MEXC · Spot–Perp
Best perp–perp spread+4.27%Gate → MEXC
Markets tracked32 venues · 2 perp · 1 spot · 0 DEX
Price range7.17%$0.001084 – $0.001163

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGate$0.0011MEXC logoMEXC$0.001147 +4.27%+4.11% +4.28%— +0.029%-2.98% LS Chart →
MEXC logoMEXC$0.001178Gate logoGate$0.001096 -6.96%-7.12% -6.97%— -0.029%+2.98% 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.

COOL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · COOL_USDTPerpetual $0.001096$0.0011$0.0010980.00% +0.015%$4.98M
MEXC logoMEXCPerpetual · COOL_USDTPerpetual $0.001147$0.001178$0.001163+5.87% +0.044%$464.2K
MEXC logoMEXCSpot · COOLUSDTSpot $0.001078$0.00109$0.001084-1.30% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

COOL arbitrage explained

Right now HYPE3.cool (COOL) trades on 2 venues we scan: 2 perpetual markets, 1 spot market and 0 DEX pools. The lowest ask is on MEXC spot at $0.00109 and the highest bid on MEXC perp at $0.001147.

The widest COOL perpetual spread is between Gate and MEXC: long COOL on Gate at $0.0011 and short on MEXC at $0.001147 for +4.27% gross, or +4.11% 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 +0.029% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best COOL route is to buy spot on MEXC and short the perpetual on MEXC: +5.23% gross, +5.03% net, with +0.044% a day of funding on the short leg.

Small COOL 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: COOL funding rates · COOL spread charts · HYPE3.cool price · arbitrage scanner for all coins.

Is there a COOL arbitrage opportunity right now?

The best COOL route right now is to buy on MEXC spot → sell on MEXC (Spot–Perp): +5.23% gross and +5.03% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest COOL?

MEXC (spot) has the lowest COOL ask at $0.00109, and MEXC (perp) the highest bid at $0.001147. Prices update every 15 seconds on this page.

How many exchanges list COOL?

ArbiLayer tracks 3 COOL markets on 2 venues: 2 perpetual, 1 spot and 0 DEX pools.

How do I arbitrage COOL without transferring coins?

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

Arbitrage for other coins