CTC arbitrage explained
Right now Creditcoin (CTC) trades on 7 venues we scan: 4 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.1119 and the highest bid on OKX spot at $0.1121.
The widest CTC perpetual spread is between Bybit and MEXC: long CTC on Bybit at $0.1119 and short on MEXC at $0.1118 for -0.13% gross, or -0.29% 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 -0.007% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best CTC route is to buy spot on Bybit and short the perpetual on Bybit: -0.29% gross, -0.49% net, with -0.085% a day of funding on the short leg.
Spot–spot CTC arbitrage (buy on Bybit, withdraw, deposit and sell on OKX) 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 CTC 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: CTC funding rates · CTC spread charts · Creditcoin price · arbitrage scanner for all coins.