MUBARAK arbitrage explained
Right now Mubarak (MUBARAK) trades on 10 venues we scan: 10 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.0739 and the highest bid on Gate perp at $0.0739.
The widest MUBARAK perpetual spread is between Variational and Gate: long MUBARAK on Variational at $0.0739 and short on Gate at $0.0739 for +0.11% gross, or -0.05% 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 +0.134% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best MUBARAK route is to buy spot on Gate and short the perpetual on Gate: +0.09% gross, -0.11% net, with +0.164% a day of funding on the short leg.
Spot–spot MUBARAK arbitrage (buy on Gate, withdraw, deposit and sell on KuCoin) shows +0.02% 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 MUBARAK 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: MUBARAK funding rates · MUBARAK spread charts · Mubarak price · arbitrage scanner for all coins.