HOME arbitrage explained
Right now HOME trades on 9 venues we scan: 9 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $0.005423 and the highest bid on KuCoin spot at $0.005441.
The widest HOME perpetual spread is between OKX and Bybit: long HOME on OKX at $0.005423 and short on Bybit at $0.005434 for +0.20% gross, or +0.04% 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 -0.048% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best HOME route is to buy spot on Bybit and short the perpetual on Bybit: -0.02% gross, -0.22% net, with -0.113% a day of funding on the short leg.
Spot–spot HOME arbitrage (buy on Bybit, withdraw, deposit and sell on KuCoin) shows +0.11% 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 HOME 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: HOME funding rates · HOME spread charts · HOME price · arbitrage scanner for all coins.