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%MEXC → Bitget · Perp–Perp
Best perp–perp spread+0.12%MEXC → Bitget
Markets tracked159 venues · 9 perp · 6 spot · 0 DEX
Price range0.38%$0.162 – $0.1626

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybitspot$0.1625Binance logoBinancespot$0.1625 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Bybit logoBybitspot$0.1625MEXC logoMEXCspot$0.1625 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.1625Binance logoBinancespot$0.1625 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.1625MEXC logoMEXCspot$0.1625 0.00%-0.20% 0.00%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.1625Binance logoBinancespot$0.1625 0.00%-0.20% 0.00%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.1625MEXC logoMEXCspot$0.1625 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$0.1626Binance logoBinancespot$0.1625 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Gate logoGatespot$0.1626MEXC logoMEXCspot$0.1625 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Bybit logoBybitspot$0.1625Gate logoGatespot$0.1624 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.1625Gate logoGatespot$0.1624 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.1625Gate logoGatespot$0.1624 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Binance logoBinancespot$0.1626MEXC logoMEXCspot$0.1625 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
Bybit logoBybitspot$0.1625Bitget logoBitgetspot$0.1624 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
Bybit logoBybitspot$0.1625KuCoin logoKuCoinspot$0.1624 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.1625Bybit logoBybitspot$0.1624 -0.06%-0.26% -0.06%— 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 $0.1624$0.1625$0.16240.00% +0.030%$2.73M
Bybit logoBybitPerpetual · IOUSDTPerpetual $0.1621$0.1623$0.1622-0.15% -0.004%$1.13M
Bitget logoBitgetPerpetual · IOUSDTPerpetual $0.1624$0.1625$0.16240.00% +0.030%$882.3K
Hyperliquid logoHyperliquidPerpetual · IOPerpetual $0.1623$0.1626$0.1624-0.01% +0.030%$497.8K
MEXC logoMEXCPerpetual · IO_USDTPerpetual $0.1621$0.1622$0.1622-0.18% -0.004%$297.5K
Bybit logoBybitSpot · IOUSDTSpot $0.1624$0.1625$0.16240.00% —$263.0K
Gate logoGateSpot · IO_USDTSpot $0.1624$0.1626$0.1625+0.03% —$158.1K
KuCoin logoKuCoinPerpetual · IOUSDTMPerpetual $0.1622$0.1623$0.1623-0.12% +0.030%$133.7K
KuCoin logoKuCoinSpot · IO-USDTSpot $0.1624$0.1625$0.16240.00% —$99.7K
Bitget logoBitgetSpot · IOUSDTSpot $0.1624$0.1625$0.16240.00% —$57.3K
Variational logoVariationalPerpetual · IOPerpetual $0.1617$0.1622$0.162-0.31% +0.018%$33.8K
Binance logoBinancePerpetual · IOUSDTPerpetual $0.1623$0.1624$0.1624-0.06% +0.030%—
Aster logoAsterPerpetual · IOUSDTPerpetual $0.1623$0.1626$0.16240.00% +0.030%—
Binance logoBinanceSpot · IOUSDTSpot $0.1625$0.1626$0.1626+0.06% ——
MEXC logoMEXCSpot · IOUSDTSpot $0.1625$0.1626$0.1626+0.07% ——
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 MEXC perp at $0.1622 and the highest bid on Binance spot at $0.1625.

The widest IO perpetual spread is between MEXC and Bitget: long IO on MEXC at $0.1622 and short on Bitget at $0.1624 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 +0.034% 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: -0.06% gross, -0.26% net, with +0.030% a day of funding on the short leg.

Spot–spot IO arbitrage (buy on Bybit, withdraw, deposit and sell on Binance) shows 0.00% 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 MEXC → 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?

MEXC (perp) has the lowest IO ask at $0.1622, and Binance (spot) the highest bid at $0.1625. 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 (MEXC 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