MYX arbitrage explained
Right now MYX Finance (MYX) trades on 9 venues we scan: 9 perpetual markets, 3 spot markets and 0 DEX pools. The lowest ask is on Bitget spot at $0.0711 and the highest bid on HTX perp at $0.0713.
The widest MYX perpetual spread is between KuCoin and HTX: long MYX on KuCoin at $0.0712 and short on HTX at $0.0713 for +0.20% gross, or +0.04% 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 MYX route is to buy spot on Bitget and short the perpetual on HTX: +0.27% gross, +0.07% net, with +0.015% a day of funding on the short leg.
Spot–spot MYX arbitrage (buy on Bitget, withdraw, deposit and sell on MEXC) shows 0.00% 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 MYX 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: MYX funding rates · MYX spread charts · MYX Finance price · arbitrage scanner for all coins.