MAV arbitrage explained
Right now Maverick Protocol (MAV) trades on 7 venues we scan: 7 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.0118 and the highest bid on Bitget perp at $0.0118.
The widest MAV perpetual spread is between Gate and Bitget: long MAV on Gate at $0.0118 and short on Bitget at $0.0118 for +0.17% gross, or +0.01% 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 MAV route is to buy spot on Binance and short the perpetual on Bitget: 0.00% gross, -0.20% net, with +0.030% a day of funding on the short leg.
Spot–spot MAV arbitrage (buy on MEXC, withdraw, deposit and sell on Binance) 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 MAV 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: MAV funding rates · MAV spread charts · Maverick Protocol price · arbitrage scanner for all coins.