PROMPT arbitrage explained
Right now Wayfinder (PROMPT) trades on 7 venues we scan: 3 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on OKX spot at $0.019 and the highest bid on Gate perp at $0.0192.
The widest PROMPT perpetual spread is between Bybit and Gate: long PROMPT on Bybit at $0.0191 and short on Gate at $0.0192 for +0.37% gross, or +0.21% 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 PROMPT route is to buy spot on OKX and short the perpetual on Gate: +0.74% gross, +0.54% net, with +0.030% a day of funding on the short leg.
Spot–spot PROMPT arbitrage (buy on OKX, withdraw, deposit and sell on Gate) shows -0.11% 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 PROMPT 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: PROMPT funding rates · PROMPT spread charts · Wayfinder price · arbitrage scanner for all coins.