LAPTOP arbitrage explained
Right now Hunter Biden's Laptop (LAPTOP) trades on 3 venues we scan: 2 perpetual markets, 2 spot markets and 0 DEX pools. The lowest ask is on Aster perp at $0.092 and the highest bid on Gate spot at $0.0942.
The widest LAPTOP perpetual spread is between Aster and Gate: long LAPTOP on Aster at $0.092 and short on Gate at $0.092 for 0.00% gross, or -0.16% 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 -0.011% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best LAPTOP route is to buy spot on Gate and short the perpetual on Gate: -2.34% gross, -2.54% net, with -1.940% a day of funding on the short leg.
Spot–spot LAPTOP arbitrage (buy on Gate, withdraw, deposit and sell on KuCoin) shows -0.11% 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 LAPTOP 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: LAPTOP funding rates · LAPTOP spread charts · Hunter Biden's Laptop price · arbitrage scanner for all coins.