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-0.03%Bybit → Bitget · Perp–Perp
Best perp–perp spread+0.13%Bybit → Bitget
Markets tracked159 venues · 9 perp · 6 spot · 0 DEX
Price range0.24%$0.1546 – $0.1549

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinancespot$0.1549Bitget logoBitget$0.1548 -0.06%-0.26% -0.06%— +0.030%— LS Chart →
Bybit logoBybitspot$0.1549Bitget logoBitget$0.1548 -0.06%-0.26% -0.06%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.1549Bitget logoBitget$0.1548 -0.06%-0.26% -0.06%— +0.030%— LS Chart →
Gate logoGatespot$0.155Bitget logoBitget$0.1548 -0.10%-0.30% -0.09%— +0.030%— LS Chart →
Bitget logoBitgetspot$0.155Bitget logoBitget$0.1548 -0.13%-0.33% -0.12%— +0.030%— LS Chart →
Binance logoBinancespot$0.1549Binance logoBinance$0.1547 -0.13%-0.33% -0.12%— +0.030%+0.83% LS Chart →
Bybit logoBybitspot$0.1549Binance logoBinance$0.1547 -0.13%-0.33% -0.12%— +0.030%+0.83% LS Chart →
KuCoin logoKuCoinspot$0.1549Binance logoBinance$0.1547 -0.13%-0.33% -0.12%— +0.030%+0.83% LS Chart →
MEXC logoMEXCspot$0.155Bitget logoBitget$0.1548 -0.14%-0.34% -0.13%— +0.030%— LS Chart →
Binance logoBinancespot$0.1549Gate logoGate$0.1547 -0.14%-0.34% -0.13%— +0.030%— LS Chart →
Bybit logoBybitspot$0.1549Gate logoGate$0.1547 -0.14%-0.34% -0.13%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.1549Gate logoGate$0.1547 -0.14%-0.34% -0.13%— +0.030%— LS Chart →
Binance logoBinancespot$0.1549Hyperliquid logoHyperliquid$0.1547 -0.14%-0.34% -0.14%— +0.030%— LS Chart →
Bybit logoBybitspot$0.1549Hyperliquid logoHyperliquid$0.1547 -0.14%-0.34% -0.14%— +0.030%— LS Chart →
KuCoin logoKuCoinspot$0.1549Hyperliquid logoHyperliquid$0.1547 -0.14%-0.34% -0.14%— +0.030%— 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 $0.1547$0.1548$0.1547-0.07% +0.030%$2.60M
Bybit logoBybitPerpetual · IOUSDTPerpetual $0.1545$0.1546$0.1546-0.19% +0.030%$1.34M
Bitget logoBitgetPerpetual · IOUSDTPerpetual $0.1548$0.1549$0.15490.00% +0.030%$985.9K
Hyperliquid logoHyperliquidPerpetual · IOPerpetual $0.1547$0.155$0.1548-0.02% +0.030%$515.6K
MEXC logoMEXCPerpetual · IO_USDTPerpetual $0.1545$0.1547$0.1546-0.16% +0.030%$317.4K
Bybit logoBybitSpot · IOUSDTSpot $0.1548$0.1549$0.15490.00% —$313.9K
KuCoin logoKuCoinSpot · IO-USDTSpot $0.1548$0.1549$0.15490.00% —$230.5K
KuCoin logoKuCoinPerpetual · IOUSDTMPerpetual $0.1545$0.1548$0.1547-0.13% +0.030%$213.1K
Gate logoGateSpot · IO_USDTSpot $0.1548$0.155$0.1549+0.02% —$189.5K
Bitget logoBitgetSpot · IOUSDTSpot $0.1548$0.155$0.1549+0.03% —$55.2K
Variational logoVariationalPerpetual · IOPerpetual $0.1546$0.1551$0.15490.00% +0.030%$38.2K
Binance logoBinancePerpetual · IOUSDTPerpetual $0.1547$0.1548$0.1548-0.06% +0.030%—
Aster logoAsterPerpetual · IOUSDTPerpetual $0.1546$0.155$0.1548-0.03% +0.030%—
Binance logoBinanceSpot · IOUSDTSpot $0.1548$0.1549$0.15490.00% ——
MEXC logoMEXCSpot · IOUSDTSpot $0.1548$0.155$0.1549+0.04% ——
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 $0.1546 and the highest bid on Gate spot at $0.1548.

The widest IO perpetual spread is between Bybit and Bitget: long IO on Bybit at $0.1546 and short on Bitget at $0.1548 for +0.13% gross, or -0.03% 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 Binance and short the perpetual on Bitget: -0.06% gross, -0.26% net, with +0.030% a day of funding on the short leg.

Spot–spot IO arbitrage (buy on Binance, withdraw, deposit and sell on Gate) shows -0.05% 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): +0.13% gross and -0.03% 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 $0.1546, and Gate (spot) the highest bid at $0.1548. 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