SOLV arbitrage explained
Right now Solv Protocol (SOLV) trades on 7 venues we scan: 5 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on KuCoin perp at $0.004067 and the highest bid on Gate spot at $0.004073.
The widest SOLV perpetual spread is between KuCoin and Binance: long SOLV on KuCoin at $0.004067 and short on Binance at $0.004067 for 0.00% gross, or -0.16% 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 -0.008% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best SOLV route is to buy spot on Gate and short the perpetual on Binance: -0.17% gross, -0.37% net, with +0.022% a day of funding on the short leg.
Spot–spot SOLV arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows -0.05% 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 SOLV 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: SOLV funding rates · SOLV spread charts · Solv Protocol price · arbitrage scanner for all coins.