VTHO arbitrage explained
Right now VeThor (VTHO) trades on 6 venues we scan: 3 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Bitget perp at $0.000686 and the highest bid on Bybit spot at $0.000687.
The widest VTHO perpetual spread is between Bitget and Binance: long VTHO on Bitget at $0.000686 and short on Binance at $0.000686 for +0.09% gross, or -0.07% 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 -0.062% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best VTHO route is to buy spot on Gate and short the perpetual on Binance: -0.12% gross, -0.32% net, with -0.118% a day of funding on the short leg.
Spot–spot VTHO arbitrage (buy on Gate, withdraw, deposit and sell on Bybit) 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 VTHO 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: VTHO funding rates · VTHO spread charts · VeThor price · arbitrage scanner for all coins.