RLC arbitrage explained
Right now iExec RLC (RLC) trades on 7 venues we scan: 5 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.7355 and the highest bid on Binance spot at $0.739.
The widest RLC perpetual spread is between Variational and Binance: long RLC on Variational at $0.7355 and short on Binance at $0.7371 for +0.22% gross, or +0.06% 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 -0.045% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best RLC route is to buy spot on Gate and short the perpetual on Binance: -0.32% gross, -0.52% net, with -0.595% a day of funding on the short leg.
Spot–spot RLC arbitrage (buy on Gate, withdraw, deposit and sell on Binance) shows -0.07% 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 RLC 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: RLC funding rates · RLC spread charts · iExec RLC price · arbitrage scanner for all coins.