CTSI arbitrage explained
Right now Cartesi (CTSI) trades on 5 venues we scan: 5 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.0311 and the highest bid on Bitget spot at $0.0312.
The widest CTSI perpetual spread is between Gate and Binance: long CTSI on Gate at $0.0311 and short on Binance at $0.0312 for +0.03% gross, or -0.13% 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 +0.075% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best CTSI route is to buy spot on Gate and short the perpetual on Binance: -0.06% gross, -0.26% net, with +0.030% a day of funding on the short leg.
Spot–spot CTSI arbitrage (buy on Gate, withdraw, deposit and sell on Bitget) shows +0.06% 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 CTSI 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: CTSI funding rates · CTSI spread charts · Cartesi price · arbitrage scanner for all coins.