FLUX arbitrage explained
Right now Flux (FLUX) trades on 8 venues we scan: 8 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $0.0849 and the highest bid on Gate spot at $0.085.
The widest FLUX perpetual spread is between MEXC and Bybit: long FLUX on MEXC at $0.0849 and short on Bybit at $0.0849 for +0.02% gross, or -0.14% 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 FLUX route is to buy spot on MEXC and short the perpetual on Bybit: -0.07% gross, -0.27% net, with +0.030% a day of funding on the short leg.
Spot–spot FLUX arbitrage (buy on MEXC, withdraw, deposit and sell on Gate) shows +0.01% 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 FLUX 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: FLUX funding rates · FLUX spread charts · Flux price · arbitrage scanner for all coins.