KII arbitrage explained
Right now KiiChain (KII) trades on 6 venues we scan: 4 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on MEXC spot at $0.0882 and the highest bid on OKX perp at $0.0885.
The widest KII perpetual spread is between Bybit and OKX: long KII on Bybit at $0.0883 and short on OKX at $0.0885 for +0.27% gross, or +0.11% 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 +0.099% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best KII route is to buy spot on MEXC and short the perpetual on OKX: +0.35% gross, +0.15% net, with +0.129% a day of funding on the short leg.
Spot–spot KII arbitrage (buy on MEXC, withdraw, deposit and sell on Bitget) shows +0.10% 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 KII 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: KII funding rates · KII spread charts · KiiChain price · arbitrage scanner for all coins.