ArbiLayer

KERNEL arbitrage

live

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

Best net spread+0.04%Bitget → Gate · Perp–Perp
Best perp–perp spread+0.20%Bitget → Gate
Markets tracked127 venues · 7 perp · 5 spot · 0 DEX
Price range0.42%$0.0507 – $0.0509

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinancespot$0.0507Gate logoGatespot$0.0507 +0.08%-0.12% +0.08%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0507Gate logoGatespot$0.0507 +0.04%-0.16% +0.04%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.0507Gate logoGatespot$0.0507 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Binance logoBinancespot$0.0507Bitget logoBitgetspot$0.0507 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0507Bitget logoBitgetspot$0.0507 -0.10%-0.30% -0.10%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0508Gate logoGatespot$0.0507 -0.12%-0.32% -0.12%— 0.000%— LS Chart →
Gate logoGatespot$0.0508Bitget logoBitgetspot$0.0507 -0.16%-0.36% -0.16%— 0.000%— LS Chart →
Binance logoBinancespot$0.0507KuCoin logoKuCoinspot$0.0506 -0.16%-0.36% -0.16%— 0.000%— LS Chart →
Binance logoBinancespot$0.0507MEXC logoMEXCspot$0.0506 -0.22%-0.42% -0.22%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.0507KuCoin logoKuCoinspot$0.0506 -0.24%-0.44% -0.24%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0507Binance logoBinancespot$0.0506 -0.24%-0.44% -0.24%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0508Bitget logoBitgetspot$0.0507 -0.26%-0.46% -0.26%— 0.000%— LS Chart →
Gate logoGatespot$0.0508KuCoin logoKuCoinspot$0.0506 -0.26%-0.46% -0.26%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0507MEXC logoMEXCspot$0.0506 -0.26%-0.46% -0.26%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.0507Binance logoBinancespot$0.0506 -0.28%-0.48% -0.28%— 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 $0.0508$0.0508$0.0508+0.14% +0.030%$261.5K
Gate logoGatePerpetual · KERNEL_USDTPerpetual $0.0508$0.0508$0.0508+0.23% +0.030%$159.4K
MEXC logoMEXCPerpetual · KERNEL_USDTPerpetual $0.0507$0.0507$0.0507-0.01% +0.030%$97.8K
Bitget logoBitgetPerpetual · KERNELUSDTPerpetual $0.0507$0.0507$0.0507-0.05% +0.030%$72.3K
KuCoin logoKuCoinPerpetual · KERNELUSDTMPerpetual $0.0508$0.0508$0.0508+0.18% +0.030%$50.8K
Bitget logoBitgetSpot · KERNELUSDTSpot $0.0507$0.0507$0.0507+0.01% —$13.0K
KuCoin logoKuCoinSpot · KERNEL-USDTSpot $0.0506$0.0507$0.0507-0.06% —$8.9K
Gate logoGateSpot · KERNEL_USDTSpot $0.0507$0.0508$0.0507+0.09% —$2.2K
Variational logoVariationalPerpetual · KERNELPerpetual $0.0508$0.0509$0.0509+0.33% +0.030%$167
Binance logoBinancePerpetual · KERNELUSDTPerpetual $0.0507$0.0507$0.0507-0.01% +0.030%—
Binance logoBinanceSpot · KERNELUSDTSpot $0.0506$0.0507$0.0507-0.10% ——
MEXC logoMEXCSpot · KERNELUSDTSpot $0.0506$0.0508$0.0507-0.01% ——
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 $0.0507 and the highest bid on Gate perp at $0.0508.

The widest KERNEL perpetual spread is between Bitget and Gate: long KERNEL on Bitget at $0.0507 and short on Gate at $0.0508 for +0.20% 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 KERNEL route is to buy spot on Binance and short the perpetual on Gate: +0.18% gross, -0.02% net, with +0.030% a day of funding on the short leg.

Spot–spot KERNEL arbitrage (buy on Binance, withdraw, deposit and sell on Gate) shows +0.08% 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 Bitget → sell on Gate (Perp–Perp): +0.20% gross and +0.04% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest KERNEL?

Bitget (perp) has the lowest KERNEL ask at $0.0507, and Gate (perp) the highest bid at $0.0508. 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 (Bitget 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

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