ArbiLayer

PUNDIX arbitrage

live

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

Best net spread+0.10%Gate → Bybit · Perp–Perp
Best perp–perp spread+0.26%Gate → Bybit
Markets tracked107 venues · 6 perp · 4 spot · 0 DEX
Price range0.39%$0.1161 – $0.1165

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGate$0.1161Bybit logoBybit$0.1164 +0.26%+0.10% +0.26%— 0.000%— LS Chart →
Gate logoGate$0.1161Variational logoVariational$0.1163 +0.17%+0.01% +0.17%— -0.000%— LS Chart →
Gate logoGate$0.1161MEXC logoMEXC$0.1163 +0.15%-0.01% +0.15%— 0.000%— LS Chart →
Binance logoBinance$0.1163Bybit logoBybit$0.1164 +0.13%-0.03% +0.13%— 0.000%— LS Chart →
Gate logoGate$0.1161Binance logoBinance$0.1162 +0.12%-0.04% +0.12%— 0.000%— LS Chart →
MEXC logoMEXC$0.1163Bybit logoBybit$0.1164 +0.09%-0.07% +0.09%— 0.000%— LS Chart →
Gate logoGate$0.1161Bitget logoBitget$0.1162 +0.09%-0.07% +0.09%— 0.000%— LS Chart →
Binance logoBinance$0.1163Variational logoVariational$0.1163 +0.04%-0.12% +0.04%— -0.000%— LS Chart →
Binance logoBinance$0.1163MEXC logoMEXC$0.1163 +0.02%-0.14% +0.02%— 0.000%— LS Chart →
MEXC logoMEXC$0.1163Variational logoVariational$0.1163 +0.01%-0.15% +0.01%— -0.000%— LS Chart →
Bitget logoBitget$0.1164Bybit logoBybit$0.1164 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
MEXC logoMEXC$0.1163Binance logoBinance$0.1162 -0.04%-0.20% -0.04%— 0.000%— LS Chart →
Binance logoBinance$0.1163Bitget logoBitget$0.1162 -0.04%-0.20% -0.04%— 0.000%— LS Chart →
Bitget logoBitget$0.1164Variational logoVariational$0.1163 -0.08%-0.24% -0.08%— -0.000%— LS Chart →
MEXC logoMEXC$0.1163Bitget logoBitget$0.1162 -0.08%-0.24% -0.08%— 0.000%— 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.

PUNDIX price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · PUNDIXUSDTPerpetual $0.1164$0.1165$0.1164+0.10% +0.030%$162.9K
MEXC logoMEXCPerpetual · PUNDIX_USDTPerpetual $0.1163$0.1163$0.1163-0.04% +0.030%$93.7K
Bitget logoBitgetPerpetual · PUNDIXUSDTPerpetual $0.1162$0.1164$0.1163-0.02% +0.030%$49.1K
Gate logoGatePerpetual · PUNDIX_USDTPerpetual $0.116$0.1161$0.1161-0.23% +0.030%$19.9K
KuCoin logoKuCoinSpot · PUNDIX-USDTSpot $0.1163$0.1165$0.1164+0.07% —$6.1K
Variational logoVariationalPerpetual · PUNDIXPerpetual $0.1163$0.1167$0.1165+0.15% +0.030%$1.1K
Gate logoGateSpot · PUNDIX_USDTSpot $0.1161$0.1163$0.1162-0.13% —$294
Binance logoBinancePerpetual · PUNDIXUSDTPerpetual $0.1162$0.1163$0.1162-0.07% +0.030%—
Binance logoBinanceSpot · PUNDIXUSDTSpot $0.1163$0.1164$0.1164+0.02% ——
MEXC logoMEXCSpot · PUNDIXUSDTSpot $0.1161$0.1167$0.1164+0.07% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

PUNDIX arbitrage explained

Right now Pundi X (PUNDIX) trades on 7 venues we scan: 6 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.1161 and the highest bid on Bybit perp at $0.1164.

The widest PUNDIX perpetual spread is between Gate and Bybit: long PUNDIX on Gate at $0.1161 and short on Bybit at $0.1164 for +0.26% gross, or +0.10% 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 PUNDIX route is to buy spot on Gate and short the perpetual on Bybit: +0.10% gross, -0.10% net, with +0.030% a day of funding on the short leg.

Spot–spot PUNDIX arbitrage (buy on Gate, withdraw, deposit and sell on Binance) 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 PUNDIX 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: PUNDIX funding rates · PUNDIX spread charts · Pundi X price · arbitrage scanner for all coins.

Is there a PUNDIX arbitrage opportunity right now?

The best PUNDIX route right now is to buy on Gate → sell on Bybit (Perp–Perp): +0.26% gross and +0.10% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest PUNDIX?

Gate (perp) has the lowest PUNDIX ask at $0.1161, and Bybit (perp) the highest bid at $0.1164. Prices update every 15 seconds on this page.

How many exchanges list PUNDIX?

ArbiLayer tracks 10 PUNDIX markets on 7 venues: 6 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage PUNDIX without transferring coins?

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

Arbitrage for other coins

CRO +18.72%BLAST +17.01%UPC +7.25%BDX +6.82%ONE +6.71%ESPORTS +6.37%OPENAI +5.14%AI +3.79%SPCX +3.72%ANTHROPIC +3.67%CATE +3.62%H100 +3.47%BEN +3.29%ZIL +3.10%OURA +2.88%APPSTOCK +2.12%EGLD +2.02%2U2 +1.87%