ArbiLayer

KERNEL arbitrage

live

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

Best net spread-0.02%Binance → Gate · Perp–Perp
Best perp–perp spread+0.14%Binance → Gate
Markets tracked127 venues · 7 perp · 5 spot · 0 DEX
Price range0.23%$0.0514 – $0.0516

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinance$0.0515Gate logoGate$0.0515 +0.14%-0.02% +0.14%— 0.000%— LS Chart →
Bitget logoBitget$0.0515Gate logoGate$0.0515 +0.14%-0.02% +0.14%— 0.000%— LS Chart →
MEXC logoMEXC$0.0515Gate logoGate$0.0515 +0.14%-0.02% +0.14%— 0.000%— LS Chart →
Binance logoBinance$0.0515Bybit logoBybit$0.0515 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
Bitget logoBitget$0.0515Bybit logoBybit$0.0515 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
MEXC logoMEXC$0.0515Bybit logoBybit$0.0515 +0.10%-0.06% +0.10%— 0.000%— LS Chart →
Binance logoBinance$0.0515Variational logoVariational$0.0515 +0.02%-0.14% +0.02%— -0.000%— LS Chart →
Bitget logoBitget$0.0515Variational logoVariational$0.0515 +0.02%-0.14% +0.02%— -0.000%— LS Chart →
MEXC logoMEXC$0.0515Variational logoVariational$0.0515 +0.02%-0.14% +0.02%— -0.000%— LS Chart →
KuCoin logoKuCoin$0.0515Gate logoGate$0.0515 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
Binance logoBinance$0.0515KuCoin logoKuCoin$0.0515 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bitget logoBitget$0.0515KuCoin logoKuCoin$0.0515 0.00%-0.16% 0.00%— 0.000%— LS Chart →
MEXC logoMEXC$0.0515KuCoin logoKuCoin$0.0515 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bybit logoBybit$0.0515Gate logoGate$0.0515 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0515Bybit logoBybit$0.0515 -0.02%-0.18% -0.02%— 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.

KERNEL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · KERNELUSDTPerpetual $0.0515$0.0515$0.0515+0.13% +0.030%$256.8K
Gate logoGatePerpetual · KERNEL_USDTPerpetual $0.0515$0.0516$0.0516+0.20% +0.030%$126.9K
Bitget logoBitgetPerpetual · KERNELUSDTPerpetual $0.0514$0.0515$0.0514-0.02% +0.030%$99.5K
MEXC logoMEXCPerpetual · KERNEL_USDTPerpetual $0.0514$0.0515$0.0514-0.00% +0.030%$96.3K
KuCoin logoKuCoinPerpetual · KERNELUSDTMPerpetual $0.0515$0.0515$0.0515+0.06% +0.030%$46.6K
Bitget logoBitgetSpot · KERNELUSDTSpot $0.0514$0.0515$0.0514-0.01% —$11.4K
KuCoin logoKuCoinSpot · KERNEL-USDTSpot $0.0514$0.0515$0.0514-0.03% —$7.3K
Variational logoVariationalPerpetual · KERNELPerpetual $0.0515$0.0516$0.0515+0.15% +0.030%$2.6K
Gate logoGateSpot · KERNEL_USDTSpot $0.0514$0.0515$0.0514-0.02% —$1.5K
Binance logoBinancePerpetual · KERNELUSDTPerpetual $0.0514$0.0515$0.0514-0.00% +0.030%—
Binance logoBinanceSpot · KERNELUSDTSpot $0.0514$0.0515$0.0514+0.00% ——
MEXC logoMEXCSpot · KERNELUSDTSpot $0.0514$0.0515$0.0515+0.01% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

KERNEL arbitrage explained

Right now KernelDAO (KERNEL) trades on 7 venues we scan: 7 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Bitget perp at $0.0515 and the highest bid on Gate perp at $0.0515.

The widest KERNEL perpetual spread is between Binance and Gate: long KERNEL on Binance at $0.0515 and short on Gate at $0.0515 for +0.14% gross, or -0.02% 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 KERNEL route is to buy spot on Bitget and short the perpetual on Gate: +0.10% gross, -0.10% net, with +0.030% a day of funding on the short leg.

Spot–spot KERNEL arbitrage (buy on Gate, withdraw, deposit and sell on Bitget) shows -0.14% 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 KERNEL 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: KERNEL funding rates · KERNEL spread charts · KernelDAO price · arbitrage scanner for all coins.

Is there a KERNEL arbitrage opportunity right now?

The best KERNEL route right now is to buy on Binance → sell on Gate (Perp–Perp): +0.14% gross and -0.02% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest KERNEL?

Bitget (perp) has the lowest KERNEL ask at $0.0515, and Gate (perp) the highest bid at $0.0515. Prices update every 15 seconds on this page.

How many exchanges list KERNEL?

ArbiLayer tracks 12 KERNEL markets on 7 venues: 7 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage KERNEL without transferring coins?

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

Arbitrage for other coins

CRO +18.55%BLAST +18.55%BP +7.46%ONE +7.43%UPC +7.25%ESPORTS +7.16%BDX +7.14%OPENAI +5.07%AI +3.70%SPCX +3.68%ANTHROPIC +3.51%H100 +3.47%EGLD +3.33%CATE +3.15%ZIL +3.12%OURA +2.95%BONER +2.62%BEN +2.38%