VET arbitrage explained
Right now VeChain (VET) trades on 7 venues we scan: 7 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Bybit perp at $0.008258 and the highest bid on Binance spot at $0.00827.
The widest VET perpetual spread is between Bybit and Bitget: long VET on Bybit at $0.008258 and short on Bitget at $0.008268 for +0.12% gross, or -0.04% 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 +0.053% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best VET route is to buy spot on Gate and short the perpetual on Bitget: -0.04% gross, -0.24% net, with +0.030% a day of funding on the short leg.
Spot–spot VET arbitrage (buy on Gate, withdraw, deposit and sell on Binance) shows -0.01% 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 VET 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: VET funding rates · VET spread charts · VeChain price · arbitrage scanner for all coins.