GENIUS arbitrage explained
Right now Genius (GENIUS) trades on 8 venues we scan: 8 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.3193 and the highest bid on MEXC perp at $0.3198.
The widest GENIUS perpetual spread is between Gate and MEXC: long GENIUS on Gate at $0.3193 and short on MEXC at $0.3198 for +0.16% gross, or -0.00% 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 +0.031% 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 Binance and short the perpetual on MEXC: +0.09% gross, -0.11% net, with +0.030% a day of funding on the short leg.
Spot–spot GENIUS arbitrage (buy on Binance, withdraw, deposit and sell on MEXC) 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.