IN arbitrage explained
Right now INFINIT (IN) trades on 8 venues we scan: 8 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Bitget spot at $0.0342 and the highest bid on Bybit perp at $0.0343.
The widest IN perpetual spread is between Bitget and Bybit: long IN on Bitget at $0.0343 and short on Bybit at $0.0343 for -0.03% gross, or -0.19% 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 +0.127% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best IN route is to buy spot on Bitget and short the perpetual on Bybit: +0.18% gross, -0.02% net, with +0.157% a day of funding on the short leg.
Spot–spot IN arbitrage (buy on Bitget, withdraw, deposit and sell on KuCoin) shows +0.03% 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 IN 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: IN funding rates · IN spread charts · INFINIT price · arbitrage scanner for all coins.