CYBER arbitrage explained
Right now CYBER trades on 8 venues we scan: 8 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $0.3115 and the highest bid on Bybit spot at $0.312.
The widest CYBER perpetual spread is between Binance and Bybit: long CYBER on Binance at $0.3115 and short on Bybit at $0.3118 for +0.10% gross, or -0.06% 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 -0.086% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best CYBER route is to buy spot on Gate and short the perpetual on Bybit: -0.06% gross, -0.26% net, with -0.094% a day of funding on the short leg.
Spot–spot CYBER arbitrage (buy on Gate, withdraw, deposit and sell on Binance) 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 CYBER 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: CYBER funding rates · CYBER spread charts · CYBER price · arbitrage scanner for all coins.