ArbiLayer

IO arbitrage

live

Live io.net price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.04%Bybit → Bitget · Perp–Perp
Best perp–perp spread+0.12%Bybit → Bitget
Markets tracked159 venues · 9 perp · 6 spot · 0 DEX
Price range0.17%$0.172 – $0.1723

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$0.172Bitget logoBitget$0.1722 +0.12%-0.04% +0.12%— 0.000%— LS Chart →
MEXC logoMEXC$0.172Bitget logoBitget$0.1722 +0.12%-0.04% +0.12%— 0.000%— LS Chart →
Bybit logoBybit$0.172Binance logoBinance$0.1721 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
MEXC logoMEXC$0.172Binance logoBinance$0.1721 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.1721Bitget logoBitget$0.1722 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
Bybit logoBybit$0.172Hyperliquid logoHyperliquid$0.1721 +0.05%-0.11% +0.04%— 0.000%— LS Chart →
MEXC logoMEXC$0.172Hyperliquid logoHyperliquid$0.1721 +0.05%-0.11% +0.04%— 0.000%— LS Chart →
Bybit logoBybit$0.172Gate logoGate$0.172 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
MEXC logoMEXC$0.172Gate logoGate$0.172 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Gate logoGate$0.1722Bitget logoBitget$0.1722 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
Binance logoBinance$0.1722Bitget logoBitget$0.1722 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bybit logoBybit$0.172KuCoin logoKuCoin$0.172 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bybit logoBybit$0.172Aster logoAster$0.172 0.00%-0.16% 0.00%— 0.000%— LS Chart →
MEXC logoMEXC$0.172KuCoin logoKuCoin$0.172 0.00%-0.16% 0.00%— 0.000%— LS Chart →
MEXC logoMEXC$0.172Aster logoAster$0.172 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

IO price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · IO_USDTPerpetual $0.172$0.1722$0.1721-0.05% +0.030%$2.66M
Bybit logoBybitPerpetual · IOUSDTPerpetual $0.1719$0.172$0.172-0.15% +0.030%$714.5K
Bitget logoBitgetPerpetual · IOUSDTPerpetual $0.1722$0.1723$0.1723+0.03% +0.030%$563.8K
Hyperliquid logoHyperliquidPerpetual · IOPerpetual $0.1721$0.1724$0.1722+0.01% +0.030%$329.2K
MEXC logoMEXCPerpetual · IO_USDTPerpetual $0.1719$0.172$0.172-0.15% +0.030%$245.2K
Bybit logoBybitSpot · IOUSDTSpot $0.1721$0.1722$0.1722-0.03% —$205.9K
KuCoin logoKuCoinPerpetual · IOUSDTMPerpetual $0.172$0.1721$0.172-0.09% +0.030%$106.6K
Gate logoGateSpot · IO_USDTSpot $0.1722$0.1723$0.1722+0.01% —$104.7K
KuCoin logoKuCoinSpot · IO-USDTSpot $0.1721$0.1723$0.17220.00% —$80.3K
Bitget logoBitgetSpot · IOUSDTSpot $0.1721$0.1723$0.17220.00% —$51.6K
Variational logoVariationalPerpetual · IOPerpetual $0.1716$0.1723$0.172-0.15% +0.030%$17.3K
Binance logoBinancePerpetual · IOUSDTPerpetual $0.1721$0.1722$0.1722-0.03% +0.030%—
Aster logoAsterPerpetual · IOUSDTPerpetual $0.172$0.1725$0.1723+0.03% +0.030%—
Binance logoBinanceSpot · IOUSDTSpot $0.1721$0.1723$0.17220.00% ——
MEXC logoMEXCSpot · IOUSDTSpot $0.1721$0.1723$0.1722+0.01% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

IO arbitrage explained

Right now io.net (IO) trades on 9 venues we scan: 9 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.172 and the highest bid on Bitget perp at $0.1722.

The widest IO perpetual spread is between Bybit and Bitget: long IO on Bybit at $0.172 and short on Bitget at $0.1722 for +0.12% 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 0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best IO route is to buy spot on Bybit and short the perpetual on Bitget: 0.00% gross, -0.20% net, with +0.030% a day of funding on the short leg.

Spot–spot IO arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows -0.02% 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 IO 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: IO funding rates · IO spread charts · io.net price · arbitrage scanner for all coins.

Is there a IO arbitrage opportunity right now?

The best IO route right now is to buy on Bybit → sell on Bitget (Perp–Perp): +0.12% gross and -0.04% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest IO?

Bybit (perp) has the lowest IO ask at $0.172, and Bitget (perp) the highest bid at $0.1722. Prices update every 15 seconds on this page.

How many exchanges list IO?

ArbiLayer tracks 15 IO markets on 9 venues: 9 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage IO without transferring coins?

Use two perpetual contracts: go long IO on the cheaper exchange (Bybit now) and short it on the more expensive one (Bitget), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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