GENIUS arbitrage explained
Right now Genius (GENIUS) trades on 8 venues we scan: 7 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Bitget spot at $0.3123 and the highest bid on MEXC perp at $0.3124.
The widest GENIUS perpetual spread is between Bybit and MEXC: long GENIUS on Bybit at $0.3123 and short on MEXC at $0.3124 for +0.03% gross, or -0.13% 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 GENIUS route is to buy spot on Bitget and short the perpetual on MEXC: +0.04% gross, -0.16% net, with +0.030% a day of funding on the short leg.
Spot–spot GENIUS arbitrage (buy on Bitget, withdraw, deposit and sell on Gate) shows +0.04% 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 GENIUS 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: GENIUS funding rates · GENIUS spread charts · Genius price · arbitrage scanner for all coins.