TRUST arbitrage explained
Right now Intuition (TRUST) trades on 9 venues we scan: 9 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Bitget perp at $0.0561 and the highest bid on Bybit perp at $0.0564.
The widest TRUST perpetual spread is between Bitget and Bybit: long TRUST on Bitget at $0.0561 and short on Bybit at $0.0564 for +0.46% gross, or +0.30% 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 -0.089% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best TRUST route is to buy spot on Gate and short the perpetual on Bybit: +0.37% gross, +0.17% net, with -0.059% a day of funding on the short leg.
Spot–spot TRUST arbitrage (buy on Bitget, withdraw, deposit and sell on Gate) 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 TRUST 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: TRUST funding rates · TRUST spread charts · Intuition price · arbitrage scanner for all coins.