DATA arbitrage explained
Right now Data Network (DATA) trades on 6 venues we scan: 6 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.2011 and the highest bid on KuCoin spot at $0.2014.
The widest DATA perpetual spread is between Bybit and Bitget: long DATA on Bybit at $0.2011 and short on Bitget at $0.2013 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 +0.006% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best DATA route is to buy spot on OKX and short the perpetual on Bitget: +0.05% gross, -0.15% net, with +0.030% a day of funding on the short leg.
Spot–spot DATA arbitrage (buy on OKX, withdraw, deposit and sell on KuCoin) shows +0.10% 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 DATA 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: DATA funding rates · DATA spread charts · Data Network price · arbitrage scanner for all coins.