LSK arbitrage explained
Right now Lisk (LSK) trades on 10 venues we scan: 8 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Binance perp at $0.2379 and the highest bid on HTX perp at $0.2386.
The widest LSK perpetual spread is between Binance and HTX: long LSK on Binance at $0.2379 and short on HTX at $0.2386 for +0.26% gross, or +0.10% 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 -0.015% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best LSK route is to buy spot on OKX and short the perpetual on HTX: +0.22% gross, +0.02% net, with +0.015% a day of funding on the short leg.
Spot–spot LSK arbitrage (buy on OKX, withdraw, deposit and sell on Gate) shows +0.03% 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 LSK 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: LSK funding rates · LSK spread charts · Lisk price · arbitrage scanner for all coins.