GUN arbitrage explained
Right now Gunz (GUN) trades on 7 venues we scan: 7 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on KuCoin spot at $0.00311 and the highest bid on Bybit perp at $0.003118.
The widest GUN perpetual spread is between Binance and Bybit: long GUN on Binance at $0.003113 and short on Bybit at $0.003118 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 +0.043% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best GUN route is to buy spot on Binance and short the perpetual on Bybit: +0.26% gross, +0.06% net, with +0.073% a day of funding on the short leg.
Spot–spot GUN arbitrage (buy on Binance, withdraw, deposit and sell on Bitget) shows +0.26% 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 GUN 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: GUN funding rates · GUN spread charts · Gunz price · arbitrage scanner for all coins.