PIPE arbitrage
live
Live Pipe Network price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.
Best net spread-1.24%KuCoin → Gate · Spot–Spot
Best perp–perp spread—no perp pair
Markets tracked22 venues · 0 perp · 2 spot · 0 DEX
Price range0.27%$0.0306 – $0.0307
PIPE price on every exchange
PIPE arbitrage explained
Right now Pipe Network (PIPE) trades on 2 venues we scan: 0 perpetual markets, 2 spot markets and 0 DEX pools. The lowest ask is on KuCoin spot at $0.0308 and the highest bid on Gate spot at $0.0305.
Spot–spot PIPE arbitrage (buy on KuCoin, withdraw, deposit and sell on Gate) shows -1.04% 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 PIPE 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: PIPE funding rates · PIPE spread charts · Pipe Network price · arbitrage scanner for all coins.
Is there a PIPE arbitrage opportunity right now?
The best PIPE route right now is to buy on KuCoin spot → sell on Gate spot (Spot–Spot): -1.04% gross and -1.24% after fees. After fees it is not profitable, which is normal for liquid coins.
Which exchange has the cheapest PIPE?
KuCoin (spot) has the lowest PIPE ask at $0.0308, and Gate (spot) the highest bid at $0.0305. Prices update every 15 seconds on this page.
How many exchanges list PIPE?
ArbiLayer tracks 2 PIPE markets on 2 venues: 0 perpetual, 2 spot and 0 DEX pools.
How do I arbitrage PIPE without transferring coins?
Open a long perpetual on the cheaper exchange and a short on the more expensive one, then close both when the prices converge. PIPE currently has fewer than two perpetual venues in the scanner.
Arbitrage for other coins