ArbiLayer

FLUID arbitrage

live

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

Best net spread+0.09%Bitget → Variational · Perp–Perp
Best perp–perp spread+0.25%Bitget → Variational
Markets tracked118 venues · 7 perp · 4 spot · 0 DEX
Price range0.40%$1.86 – $1.86

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
OKX logoOKXspot$1.86Variational logoVariational$1.86 +0.07%-0.13% +0.07%— +0.030%— LS Chart →
Bybit logoBybitspot$1.86Variational logoVariational$1.86 +0.05%-0.15% +0.05%— +0.030%— LS Chart →
Gate logoGatespot$1.86Variational logoVariational$1.86 +0.01%-0.19% +0.01%— +0.030%— LS Chart →
MEXC logoMEXCspot$1.86Variational logoVariational$1.86 -0.02%-0.22% -0.01%— +0.030%— LS Chart →
OKX logoOKXspot$1.86Bybit logoBybit$1.86 -0.02%-0.22% -0.02%— +0.030%+0.49% LS Chart →
OKX logoOKXspot$1.86MEXC logoMEXC$1.86 -0.02%-0.22% -0.02%— +0.030%— LS Chart →
Bybit logoBybitspot$1.86Bybit logoBybit$1.86 -0.04%-0.24% -0.04%— +0.030%+0.49% LS Chart →
Bybit logoBybitspot$1.86MEXC logoMEXC$1.86 -0.04%-0.24% -0.04%— +0.030%— LS Chart →
OKX logoOKXspot$1.86Binance logoBinance$1.86 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
OKX logoOKXspot$1.86KuCoin logoKuCoin$1.86 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
Gate logoGatespot$1.86Bybit logoBybit$1.86 -0.09%-0.29% -0.08%— +0.030%+0.49% LS Chart →
Gate logoGatespot$1.86MEXC logoMEXC$1.86 -0.09%-0.29% -0.08%— +0.030%— LS Chart →
Bybit logoBybitspot$1.86Binance logoBinance$1.86 -0.10%-0.30% -0.09%— +0.030%— LS Chart →
Bybit logoBybitspot$1.86KuCoin logoKuCoin$1.86 -0.10%-0.30% -0.09%— +0.030%— LS Chart →
MEXC logoMEXCspot$1.86Bybit logoBybit$1.86 -0.11%-0.31% -0.10%— +0.030%+0.49% 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.

FLUID price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · FLUIDUSDTPerpetual $1.86$1.86$1.86+0.02% +0.030%$2.66M
Bitget logoBitgetPerpetual · FLUIDUSDTPerpetual $1.86$1.86$1.86-0.19% +0.030%$1.23M
Bybit logoBybitSpot · FLUIDUSDTSpot $1.86$1.86$1.86-0.01% —$685.2K
MEXC logoMEXCPerpetual · FLUID_USDTPerpetual $1.86$1.86$1.86+0.03% +0.030%$656.4K
OKX logoOKXSpot · FLUID-USDTSpot $1.86$1.86$1.86-0.03% —$307.5K
Gate logoGateSpot · FLUID_USDTSpot $1.86$1.86$1.86+0.02% —$172.1K
Gate logoGatePerpetual · FLUID_USDTPerpetual $1.86$1.86$1.86-0.08% -0.058%$113.4K
KuCoin logoKuCoinPerpetual · FLUIDUSDTMPerpetual $1.86$1.86$1.86+0.08% +0.030%$66.7K
Variational logoVariationalPerpetual · FLUIDPerpetual $1.86$1.87$1.86+0.21% +0.030%$4.6K
Binance logoBinancePerpetual · FLUIDUSDTPerpetual $1.86$1.86$1.86-0.00% +0.030%—
MEXC logoMEXCSpot · FLUIDUSDTSpot $1.86$1.86$1.860.00% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

FLUID arbitrage explained

Right now Fluid (FLUID) trades on 8 venues we scan: 7 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Bitget perp at $1.86 and the highest bid on Variational perp at $1.86.

The widest FLUID perpetual spread is between Bitget and Variational: long FLUID on Bitget at $1.86 and short on Variational at $1.86 for +0.25% gross, or +0.09% 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 pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best FLUID route is to buy spot on OKX and short the perpetual on Variational: +0.07% gross, -0.13% net, with +0.030% a day of funding on the short leg.

Spot–spot FLUID arbitrage (buy on OKX, withdraw, deposit and sell on Gate) shows -0.07% 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 FLUID 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: FLUID funding rates · FLUID spread charts · Fluid price · arbitrage scanner for all coins.

Is there a FLUID arbitrage opportunity right now?

The best FLUID route right now is to buy on Bitget → sell on Variational (Perp–Perp): +0.25% gross and +0.09% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest FLUID?

Bitget (perp) has the lowest FLUID ask at $1.86, and Variational (perp) the highest bid at $1.86. Prices update every 15 seconds on this page.

How many exchanges list FLUID?

ArbiLayer tracks 11 FLUID markets on 8 venues: 7 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage FLUID without transferring coins?

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

Arbitrage for other coins