ArbiLayer

POD arbitrage

live

Live Dolphin price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.43%Aster → MEXC · Perp–Perp
Best perp–perp spread+0.59%Aster → MEXC
Markets tracked32 venues · 2 perp · 1 spot · 0 DEX
Price range1.84%$0.6551 – $0.6671

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
MEXC logoMEXCspot$0.6596MEXC logoMEXC$0.662 +0.36%+0.16% +0.38%— +0.077%-0.01% LS Chart →
MEXC logoMEXCspot$0.6596Aster logoAster$0.652 -1.15%-1.35% -1.15%— +0.030%-4.45% LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

POD price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
MEXC logoMEXCPerpetual · POD_USDTPerpetual $0.662$0.6722$0.6671+1.66% +0.077%$94.2K
Aster logoAsterPerpetual · PODUSDTPerpetual $0.652$0.6581$0.6551-0.18% +0.030%—
MEXC logoMEXCSpot · PODUSDTSpot $0.6528$0.6596$0.65620.00% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

POD arbitrage explained

Right now Dolphin (POD) trades on 2 venues we scan: 2 perpetual markets, 1 spot market and 0 DEX pools. The lowest ask is on Aster perp at $0.6581 and the highest bid on MEXC perp at $0.662.

The widest POD perpetual spread is between Aster and MEXC: long POD on Aster at $0.6581 and short on MEXC at $0.662 for +0.59% gross, or +0.43% 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 +0.047% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best POD route is to buy spot on MEXC and short the perpetual on MEXC: +0.36% gross, +0.16% net, with +0.077% a day of funding on the short leg.

Small POD 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: POD funding rates · POD spread charts · Dolphin price · arbitrage scanner for all coins.

Is there a POD arbitrage opportunity right now?

The best POD route right now is to buy on Aster → sell on MEXC (Perp–Perp): +0.59% gross and +0.43% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest POD?

Aster (perp) has the lowest POD ask at $0.6581, and MEXC (perp) the highest bid at $0.662. Prices update every 15 seconds on this page.

How many exchanges list POD?

ArbiLayer tracks 3 POD markets on 2 venues: 2 perpetual, 1 spot and 0 DEX pools.

How do I arbitrage POD without transferring coins?

Use two perpetual contracts: go long POD on the cheaper exchange (Aster now) and short it on the more expensive one (MEXC), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins