ArbiLayer

ELSA arbitrage

live

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

Best net spread-0.01%Bybit → Gate · Perp–Perp
Best perp–perp spread+0.15%Bybit → Gate
Markets tracked128 venues · 8 perp · 4 spot · 0 DEX
Price range0.26%$0.0518 – $0.0519

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$0.0518Gate logoGate$0.0519 +0.17%-0.03% +0.18%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0519Gate logoGate$0.0519 +0.15%-0.05% +0.16%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.0519Gate logoGate$0.0519 +0.10%-0.10% +0.10%— +0.030%— LS Chart →
Gate logoGatespot$0.0518Binance logoBinance$0.0519 +0.06%-0.14% +0.06%— +0.030%— LS Chart →
Gate logoGatespot$0.0518MEXC logoMEXC$0.0519 +0.06%-0.14% +0.06%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0519Binance logoBinance$0.0519 +0.04%-0.16% +0.04%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0519MEXC logoMEXC$0.0519 +0.04%-0.16% +0.04%— +0.030%— LS Chart →
Gate logoGatespot$0.0518Bitget logoBitget$0.0519 +0.02%-0.18% +0.02%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0519Bitget logoBitget$0.0519 0.00%-0.20% +0.01%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.0519Binance logoBinance$0.0519 -0.02%-0.22% -0.01%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.0519MEXC logoMEXC$0.0519 -0.02%-0.22% -0.01%— +0.030%— LS Chart →
Gate logoGatespot$0.0518Bybit logoBybit$0.0518 -0.04%-0.24% -0.03%— +0.030%— LS Chart →
Gate logoGatespot$0.0518Aster logoAster$0.0518 -0.04%-0.24% -0.03%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.0519Bitget logoBitget$0.0519 -0.06%-0.26% -0.05%— +0.030%— LS Chart →
Bybit logoBybitspot$0.0519Bybit logoBybit$0.0518 -0.06%-0.26% -0.05%— +0.030%— 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.

ELSA price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · ELSAUSDTPerpetual $0.0518$0.0519$0.0518-0.05% +0.030%$247.0K
Bybit logoBybitSpot · ELSAUSDTSpot $0.0518$0.0519$0.0518-0.05% —$123.0K
MEXC logoMEXCPerpetual · ELSA_USDTPerpetual $0.0519$0.0519$0.0519+0.03% +0.030%$98.5K
Bitget logoBitgetPerpetual · ELSAUSDTPerpetual $0.0519$0.0519$0.0519+0.00% +0.030%$77.4K
Gate logoGatePerpetual · ELSA_USDTPerpetual $0.0519$0.052$0.0519+0.16% +0.030%$74.9K
KuCoin logoKuCoinSpot · ELSA-USDTSpot $0.0519$0.052$0.0519+0.14% —$20.1K
KuCoin logoKuCoinPerpetual · ELSAUSDTMPerpetual $0.0518$0.0521$0.0519+0.14% +0.030%$19.5K
Gate logoGateSpot · ELSA_USDTSpot $0.0518$0.0518$0.0518-0.10% —$13.1K
Variational logoVariationalPerpetual · ELSAPerpetual $0.0518$0.0519$0.0519-0.00% +0.030%$379
Binance logoBinancePerpetual · ELSAUSDTPerpetual $0.0519$0.0519$0.0519+0.03% +0.030%—
Aster logoAsterPerpetual · ELSAUSDTPerpetual $0.0518$0.0519$0.0519-0.00% +0.030%—
MEXC logoMEXCSpot · ELSAUSDTSpot $0.0518$0.0519$0.0518-0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

ELSA arbitrage explained

Right now Elsa (ELSA) trades on 8 venues we scan: 8 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Gate spot at $0.0518 and the highest bid on Gate perp at $0.0519.

The widest ELSA perpetual spread is between Bybit and Gate: long ELSA on Bybit at $0.0519 and short on Gate at $0.0519 for +0.15% gross, or -0.01% 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 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best ELSA route is to buy spot on Gate and short the perpetual on Gate: +0.17% gross, -0.03% net, with +0.030% a day of funding on the short leg.

Spot–spot ELSA arbitrage (buy on Gate, withdraw, deposit and sell on KuCoin) shows +0.12% 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 ELSA 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: ELSA funding rates · ELSA spread charts · Elsa price · arbitrage scanner for all coins.

Is there a ELSA arbitrage opportunity right now?

The best ELSA route right now is to buy on Bybit → sell on Gate (Perp–Perp): +0.15% gross and -0.01% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest ELSA?

Gate (spot) has the lowest ELSA ask at $0.0518, and Gate (perp) the highest bid at $0.0519. Prices update every 15 seconds on this page.

How many exchanges list ELSA?

ArbiLayer tracks 12 ELSA markets on 8 venues: 8 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage ELSA without transferring coins?

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

Arbitrage for other coins

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