# PUMP Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-03 07:43 UTC, ArbTide tracks PUMP spot and perpetual prices across exchanges. On spot markets, the best route has a 0.06% gross spread, which fees turn into a -0.24% net loss. On perpetual markets, you can buy PUMP on HTX at 0.005478 and sell on Backpack at 0.0054958, a 0.02% net spread after 0.30% in taker fees.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Gate | [PUMP/USDT](https://www.gate.com/trade/PUMP_USDT) | 0.0054865 | 0.0054897 | 0.058% | $11.2M | 0.200% |
| Crypto.com | [PUMP/USDT](https://crypto.com/exchange/trade/PUMP_USDT) | 0.0054881 | 0.0054909 | 0.051% | $77.4K | 0.500% |
| Bybit | [PUMP/USDT](https://www.bybit.com/en/trade/spot/PUMP/USDT) | 0.005489 | 0.005491 | 0.036% | $22M | 0.100% |
| Kraken | [PUMP/USD](https://pro.kraken.com/app/trade/pump-usd) | 0.005488 | 0.005491 | 0.055% | $21.9M | 0.260% |
| WEEX | [PUMP/USDT](https://www.weex.com/spot/PUMP-USDT) | 0.005489 | 0.005491 | 0.036% | $71.7K | 0.100% |
| Bitget | [PUMP/USDT](https://www.bitget.com/spot/PUMPUSDT) | 0.00549 | 0.005492 | 0.036% | $3.7M | 0.100% |
| DigiFinex | [PUMP/USDT](https://www.digifinex.com/en-ww/trade/USDT/PUMP) | 0.005482 | 0.005492 | 0.182% | $5.8M | 0.200% |
| Backpack | [PUMP/USDC](https://backpack.exchange/trade/PUMP_USDC) | 0.0054875 | 0.0054922 | 0.086% | $150.8K | 0.100% |
| Binance | [PUMP/USDC](https://www.binance.com/en/trade/PUMP_USDC?type=spot) | 0.005492 | 0.005493 | 0.018% | $170.9M | 0.100% |
| HTX | [PUMP/USDT](https://www.htx.com/trade/pump_usdt) | 0.005475 | 0.005493 | 0.328% | $502.2K | 0.200% |
| OKX | [PUMP/USDT](https://www.okx.com/trade-spot/pump-usdt) | 0.005491 | 0.005494 | 0.055% | $15.6M | 0.150% |
| KuCoin | [PUMP/USDT](https://www.kucoin.com/trade/PUMP-USDT) | 0.005492 | 0.005494 | 0.036% | $13.7M | 0.100% |
| MEXC | [PUMP/USDT](https://www.mexc.com/exchange/PUMP_USDT) | 0.005492 | 0.005494 | 0.036% | $37.5M | 0.050% |
| LBank | [PUMP/USDT](https://www.lbank.com/trade/pump_usdt) | 0.005493 | 0.005494 | 0.018% | $10.1M | 0.100% |
| BTSE | [PUMP/USDT](https://www.btse.com/en/trading/PUMP-USDT) | 0.005492 | 0.005495 | 0.055% | $629.8K | 0.020% |
| XT.COM | [PUMP/USDT](https://www.xt.com/en/trade/pump_usdt) | 0.005492 | 0.005495 | 0.055% | $4.7M | 0.200% |
| BingX | [PUMP/USDT](https://bingx.com/en/spot/PUMPUSDT) | 0.00549 | 0.005497 | 0.127% | $2.7M | 0.100% |
| CEX.IO | [PUMP/USD](https://trade.cex.io/spot/PUMP-USD) | 0.0054898 | 0.0054971 | 0.133% | $188.4 | 0.100% |
| WhiteBIT | PUMP/USDT | 0.005484 | 0.005499 | 0.273% | $9.7M | 0.100% |
| Revolut X | [PUMP/USD](https://exchange.revolut.com/trade/PUMP-USD) | 0.00547995 | 0.00550071 | 0.377% | $572K | 0.090% |
| HitBTC | PUMP/USDT | 0.0054853 | 0.0055011 | 0.287% | — | 0.250% |
| BigONE | [PUMP/USDT](https://big.one/en/trade/PUMP-USDT) | 0.005457 | 0.005512 | 0.998% | $277.3K | 0.100% |
| BtcTurk | [PUMP/USDT](https://kripto.btcturk.com/pro/al-sat/PUMP_USDT) | 0.0054878 | 0.0055173 | 0.535% | $837.1K | 0.090% |

### Spot net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | LBank | Binance | KuCoin | MEXC | BTSE | XT.COM | OKX | Bitget | BingX | CEX.IO | Bybit | WEEX | Crypto.com | Kraken | BtcTurk | Backpack | Gate | HitBTC | WhiteBIT | DigiFinex | Revolut X | HTX | BigONE |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Gate | -0.24% | -0.26% | -0.26% | -0.21% | -0.18% | -0.36% | -0.33% | -0.29% | -0.29% | -0.30% | -0.31% | -0.31% | -0.73% | -0.49% | -0.32% | -0.34% | — | -0.53% | -0.40% | -0.54% | -0.47% | -0.67% | -0.90% |
| Crypto.com | -0.56% | -0.58% | -0.58% | -0.53% | -0.50% | -0.68% | -0.65% | -0.62% | -0.62% | -0.62% | -0.63% | -0.63% | — | -0.81% | -0.65% | -0.66% | -0.78% | -0.85% | -0.73% | -0.86% | -0.79% | -0.99% | -1.22% |
| Bybit | -0.16% | -0.18% | -0.18% | -0.13% | -0.10% | -0.28% | -0.25% | -0.22% | -0.22% | -0.22% | — | -0.24% | -0.65% | -0.41% | -0.25% | -0.26% | -0.38% | -0.45% | -0.33% | -0.46% | -0.39% | -0.59% | -0.82% |
| Kraken | -0.32% | -0.34% | -0.34% | -0.29% | -0.26% | -0.44% | -0.41% | -0.38% | -0.38% | -0.38% | -0.40% | -0.40% | -0.81% | — | -0.41% | -0.42% | -0.54% | -0.61% | -0.49% | -0.62% | -0.55% | -0.75% | -0.98% |
| WEEX | -0.16% | -0.18% | -0.18% | -0.13% | -0.10% | -0.28% | -0.25% | -0.22% | -0.22% | -0.22% | -0.24% | — | -0.65% | -0.41% | -0.25% | -0.26% | -0.38% | -0.45% | -0.33% | -0.46% | -0.39% | -0.59% | -0.82% |
| Bitget | -0.18% | -0.20% | -0.20% | -0.15% | -0.12% | -0.30% | -0.27% | — | -0.24% | -0.24% | -0.25% | -0.25% | -0.67% | -0.43% | -0.27% | -0.28% | -0.40% | -0.47% | -0.35% | -0.48% | -0.41% | -0.61% | -0.84% |
| DigiFinex | -0.28% | -0.30% | -0.30% | -0.25% | -0.22% | -0.40% | -0.37% | -0.34% | -0.34% | -0.34% | -0.35% | -0.35% | -0.77% | -0.53% | -0.37% | -0.38% | -0.50% | -0.57% | -0.45% | — | -0.51% | -0.71% | -0.94% |
| Backpack | -0.19% | -0.20% | -0.20% | -0.15% | -0.12% | -0.30% | -0.27% | -0.24% | -0.24% | -0.24% | -0.26% | -0.26% | -0.67% | -0.44% | -0.27% | — | -0.40% | -0.48% | -0.35% | -0.49% | -0.41% | -0.61% | -0.84% |
| Binance | -0.20% | — | -0.22% | -0.17% | -0.14% | -0.32% | -0.29% | -0.25% | -0.25% | -0.26% | -0.27% | -0.27% | -0.69% | -0.45% | -0.28% | -0.30% | -0.42% | -0.49% | -0.36% | -0.50% | -0.43% | -0.63% | -0.86% |
| HTX | -0.30% | -0.32% | -0.32% | -0.27% | -0.24% | -0.42% | -0.39% | -0.35% | -0.35% | -0.36% | -0.37% | -0.37% | -0.79% | -0.55% | -0.38% | -0.40% | -0.52% | -0.59% | -0.46% | -0.60% | -0.53% | — | -0.96% |
| OKX | -0.27% | -0.29% | -0.29% | -0.24% | -0.21% | -0.39% | — | -0.32% | -0.32% | -0.33% | -0.34% | -0.34% | -0.76% | -0.52% | -0.35% | -0.37% | -0.49% | -0.56% | -0.43% | -0.57% | -0.50% | -0.70% | -0.92% |
| KuCoin | -0.22% | -0.24% | — | -0.19% | -0.16% | -0.34% | -0.30% | -0.27% | -0.27% | -0.28% | -0.29% | -0.29% | -0.71% | -0.47% | -0.30% | -0.32% | -0.44% | -0.51% | -0.38% | -0.52% | -0.45% | -0.65% | -0.87% |
| MEXC | -0.17% | -0.19% | -0.19% | — | -0.11% | -0.29% | -0.25% | -0.22% | -0.22% | -0.23% | -0.24% | -0.24% | -0.66% | -0.42% | -0.25% | -0.27% | -0.39% | -0.46% | -0.33% | -0.47% | -0.40% | -0.60% | -0.82% |
| LBank | — | -0.24% | -0.24% | -0.19% | -0.16% | -0.34% | -0.30% | -0.27% | -0.27% | -0.28% | -0.29% | -0.29% | -0.71% | -0.47% | -0.30% | -0.32% | -0.44% | -0.51% | -0.38% | -0.52% | -0.45% | -0.65% | -0.87% |
| BTSE | -0.16% | -0.17% | -0.17% | -0.12% | — | -0.27% | -0.24% | -0.21% | -0.21% | -0.21% | -0.23% | -0.23% | -0.65% | -0.41% | -0.24% | -0.26% | -0.37% | -0.45% | -0.32% | -0.46% | -0.38% | -0.58% | -0.81% |
| XT.COM | -0.34% | -0.35% | -0.35% | -0.30% | -0.27% | — | -0.42% | -0.39% | -0.39% | -0.39% | -0.41% | -0.41% | -0.83% | -0.59% | -0.42% | -0.44% | -0.55% | -0.63% | -0.50% | -0.64% | -0.56% | -0.76% | -0.99% |
| BingX | -0.27% | -0.29% | -0.29% | -0.24% | -0.21% | -0.39% | -0.36% | -0.33% | — | -0.33% | -0.35% | -0.35% | -0.76% | -0.52% | -0.36% | -0.37% | -0.49% | -0.56% | -0.44% | -0.57% | -0.50% | -0.70% | -0.93% |
| CEX.IO | -0.27% | -0.29% | -0.29% | -0.24% | -0.21% | -0.39% | -0.36% | -0.33% | -0.33% | — | -0.35% | -0.35% | -0.76% | -0.53% | -0.36% | -0.37% | -0.49% | -0.56% | -0.44% | -0.57% | -0.50% | -0.70% | -0.93% |
| WhiteBIT | -0.31% | -0.33% | -0.33% | -0.28% | -0.25% | -0.43% | -0.40% | -0.36% | -0.36% | -0.37% | -0.38% | -0.38% | -0.80% | -0.56% | -0.39% | -0.41% | -0.53% | -0.60% | — | -0.61% | -0.54% | -0.74% | -0.96% |
| Revolut X | -0.33% | -0.35% | -0.35% | -0.30% | -0.27% | -0.45% | -0.42% | -0.38% | -0.38% | -0.39% | -0.40% | -0.40% | -0.82% | -0.58% | -0.41% | -0.43% | -0.55% | -0.62% | -0.49% | -0.63% | — | -0.76% | -0.98% |
| HitBTC | -0.50% | -0.52% | -0.52% | -0.47% | -0.44% | -0.62% | -0.58% | -0.55% | -0.55% | -0.56% | -0.57% | -0.57% | -0.99% | -0.75% | -0.58% | -0.60% | -0.72% | — | -0.66% | -0.80% | -0.72% | -0.92% | -1.15% |
| BigONE | -0.54% | -0.56% | -0.56% | -0.51% | -0.48% | -0.66% | -0.63% | -0.60% | -0.60% | -0.60% | -0.62% | -0.62% | -1.03% | -0.80% | -0.63% | -0.64% | -0.76% | -0.83% | -0.71% | -0.84% | -0.77% | -0.97% | — |
| BtcTurk | -0.63% | -0.65% | -0.65% | -0.60% | -0.57% | -0.75% | -0.72% | -0.68% | -0.68% | -0.69% | -0.70% | -0.70% | -1.12% | -0.88% | — | -0.73% | -0.85% | -0.92% | -0.79% | -0.93% | -0.86% | -1.06% | -1.28% |

## Perpetual prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| HTX | [PUMP/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=PUMP-USDT&contract_type=swap&type=cross) | 0.005463 | 0.005478 | 0.274% | $913.7K | 0.050% |
| Gate | [PUMP/USDT:USDT](https://www.gate.com/futures/USDT/PUMP_USDT) | 0.005484 | 0.005485 | 0.018% | $20.1M | 0.050% |
| XT.COM | [PUMP/USDT:USDT](https://www.xt.com/en/futures/trade/pump_usdt) | 0.005483 | 0.005486 | 0.055% | $573.2K | 0.060% |
| Paradex | [PUMP/USD:USDC](https://app.paradex.trade/trade/PUMP-USD-PERP) | 0.0054825 | 0.0054869 | 0.080% | $2.9K | 0.030% |
| OKX | [PUMP/USDT:USDT](https://www.okx.com/trade-swap/pump-usdt-swap) | 0.005487 | 0.005488 | 0.018% | $292.1M | 0.050% |
| BingX | [PUMP/USDT:USDT](https://bingx.com/en/perpetual/PUMP-USDT) | 0.005487 | 0.005488 | 0.018% | $34.4M | 0.050% |
| Crypto.com | [PUMP/USD:USD](https://crypto.com/exchange/trade/PUMPUSD-PERP) | 0.0054871 | 0.0054884 | 0.024% | $283.8K | 0.500% |
| Binance | [PUMP/USDT:USDT](https://www.binance.com/en/futures/PUMPUSDT) | 0.005488 | 0.005489 | 0.018% | $411.6M | 0.050% |
| WEEX | [PUMP/USDT:USDT](https://www.weex.com/futures/PUMP-USDT) | 0.005487 | 0.005489 | 0.036% | $4.2M | 0.080% |
| BTSE | [PUMP/USDT:USDT](https://www.btse.com/en/futures/PUMP-PERP) | 0.005486 | 0.00549 | 0.073% | $4.5M | 0.055% |
| WhiteBIT | [PUMP/USDT:USDT](https://whitebit.com/trade/PUMP-PERP?type=futures) | 0.00548 | 0.005491 | 0.200% | $33.3M | 0.055% |
| Pacifica | [PUMP/USDC:USDC](https://app.pacifica.fi/trade/PUMP) | 0.00549 | 0.005491 | 0.018% | $581.6K | 0.040% |
| Bitget | [PUMP/USDT:USDT](https://www.bitget.com/futures/usdt/PUMPUSDT) | 0.00549 | 0.005492 | 0.036% | $30.6M | 0.060% |
| Lighter | [PUMP/USDC:USDC](https://app.lighter.xyz/trade/PUMP) | 0.00549 | 0.005492 | 0.036% | $10.6M | 0.000% |
| WOOFi Pro | [PUMP/USDC:USDC](https://pro.woofi.com/en/trade/PUMP_PERP) | 0.005486 | 0.005492 | 0.109% | $223.1K | 0.050% |
| Aster | [PUMP/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/PUMPUSDT) | 0.005489 | 0.005494 | 0.091% | $3.6M | 0.035% |
| Extended | [PUMP/USDC:USDC](https://app.extended.exchange/perp/PUMP-USD) | 0.005493 | 0.005494 | 0.018% | $6M | 0.200% |
| Hyperliquid | [PUMP/USDC:USDC](https://app.hyperliquid.xyz/trade/PUMP) | 0.005491 | 0.005495 | 0.073% | $229.1M | 0.045% |
| Backpack | [PUMP/USDC:USDC](https://backpack.exchange/trade/PUMP_USDC_PERP) | 0.0054958 | 0.0054965 | 0.013% | $1.4M | 0.100% |
| KuCoin | [PUMP/USDT:USDT](https://www.kucoin.com/trade/futures/PUMPUSDTM) | 0.005494 | 0.005497 | 0.055% | $40.6M | 0.060% |
| Kraken | [PUMP/USD:USD](https://pro.kraken.com/app/trade/futures-pump-usd-perp) | 0.005491 | 0.005497 | 0.109% | $11.3M | 0.050% |

### Perpetual net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | Backpack | KuCoin | Extended | Hyperliquid | Kraken | Pacifica | Bitget | Lighter | Aster | Binance | Crypto.com | OKX | BingX | WEEX | BTSE | WOOFi Pro | Gate | XT.COM | Paradex | WhiteBIT | HTX |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| HTX | +0.02% | +0.07% | -0.23% | +0.05% | +0.04% | +0.04% | 0.00% | +0.12% | +0.03% | -0.02% | -0.93% | -0.04% | -0.04% | -0.10% | -0.06% | -0.05% | -0.09% | -0.13% | -0.08% | -0.17% | — |
| Gate | -0.10% | -0.06% | -0.35% | -0.08% | -0.09% | -0.09% | -0.13% | -0.01% | -0.10% | -0.15% | -1.06% | -0.16% | -0.16% | -0.22% | -0.19% | -0.18% | — | -0.26% | -0.21% | -0.30% | -0.60% |
| XT.COM | -0.14% | -0.09% | -0.39% | -0.12% | -0.13% | -0.13% | -0.17% | -0.05% | -0.14% | -0.18% | -1.10% | -0.20% | -0.20% | -0.26% | -0.23% | -0.22% | -0.26% | — | -0.24% | -0.34% | -0.64% |
| Paradex | -0.10% | -0.05% | -0.35% | -0.08% | -0.09% | -0.08% | -0.12% | 0.00% | -0.09% | -0.14% | -1.06% | -0.16% | -0.16% | -0.22% | -0.19% | -0.18% | -0.21% | -0.25% | — | -0.30% | -0.60% |
| OKX | -0.16% | -0.11% | -0.41% | -0.14% | -0.15% | -0.14% | -0.18% | -0.06% | -0.15% | -0.20% | -1.12% | — | -0.22% | -0.28% | -0.25% | -0.24% | -0.27% | -0.31% | -0.26% | -0.36% | -0.66% |
| BingX | -0.16% | -0.11% | -0.41% | -0.14% | -0.15% | -0.14% | -0.18% | -0.06% | -0.15% | -0.20% | -1.12% | -0.22% | — | -0.28% | -0.25% | -0.24% | -0.27% | -0.31% | -0.26% | -0.36% | -0.66% |
| Crypto.com | -1.07% | -1.02% | -1.32% | -1.04% | -1.05% | -1.05% | -1.09% | -0.97% | -1.06% | -1.11% | — | -1.13% | -1.13% | -1.19% | -1.15% | -1.14% | -1.18% | -1.22% | -1.17% | -1.26% | -1.56% |
| Binance | -0.18% | -0.13% | -0.43% | -0.15% | -0.16% | -0.16% | -0.20% | -0.08% | -0.17% | — | -1.13% | -0.24% | -0.24% | -0.30% | -0.26% | -0.25% | -0.29% | -0.33% | -0.28% | -0.37% | -0.67% |
| WEEX | -0.24% | -0.19% | -0.49% | -0.21% | -0.22% | -0.22% | -0.26% | -0.14% | -0.23% | -0.28% | -1.19% | -0.30% | -0.30% | — | -0.32% | -0.31% | -0.35% | -0.39% | -0.34% | -0.43% | -0.73% |
| BTSE | -0.20% | -0.16% | -0.46% | -0.18% | -0.19% | -0.19% | -0.23% | -0.11% | -0.20% | -0.25% | -1.16% | -0.26% | -0.26% | -0.32% | — | -0.28% | -0.32% | -0.36% | -0.31% | -0.40% | -0.70% |
| WhiteBIT | -0.22% | -0.18% | -0.47% | -0.20% | -0.21% | -0.21% | -0.25% | -0.13% | -0.22% | -0.26% | -1.18% | -0.28% | -0.28% | -0.34% | -0.31% | -0.30% | -0.34% | -0.38% | -0.32% | — | -0.72% |
| Pacifica | -0.19% | -0.15% | -0.44% | -0.17% | -0.18% | — | -0.22% | -0.10% | -0.19% | -0.23% | -1.15% | -0.25% | -0.25% | -0.31% | -0.28% | -0.27% | -0.31% | -0.35% | -0.29% | -0.39% | -0.69% |
| Bitget | -0.25% | -0.20% | -0.50% | -0.23% | -0.24% | -0.24% | — | -0.16% | -0.24% | -0.29% | -1.21% | -0.31% | -0.31% | -0.37% | -0.34% | -0.33% | -0.37% | -0.40% | -0.35% | -0.45% | -0.75% |
| Lighter | -0.13% | -0.08% | -0.38% | -0.11% | -0.12% | -0.12% | -0.16% | — | -0.12% | -0.17% | -1.09% | -0.19% | -0.19% | -0.25% | -0.22% | -0.21% | -0.25% | -0.28% | -0.23% | -0.33% | -0.63% |
| WOOFi Pro | -0.23% | -0.18% | -0.48% | -0.21% | -0.22% | -0.22% | -0.26% | -0.14% | -0.22% | -0.27% | -1.19% | -0.29% | -0.29% | -0.35% | -0.32% | — | -0.35% | -0.38% | -0.33% | -0.43% | -0.73% |
| Aster | -0.24% | -0.19% | -0.49% | -0.21% | -0.22% | -0.22% | -0.26% | -0.14% | — | -0.28% | -1.20% | -0.30% | -0.30% | -0.36% | -0.33% | -0.32% | -0.35% | -0.39% | -0.34% | -0.43% | -0.73% |
| Extended | -0.57% | -0.52% | — | -0.54% | -0.55% | -0.55% | -0.59% | -0.47% | -0.56% | -0.61% | -1.53% | -0.63% | -0.63% | -0.69% | -0.66% | -0.65% | -0.68% | -0.72% | -0.67% | -0.76% | -1.06% |
| Hyperliquid | -0.28% | -0.23% | -0.53% | — | -0.26% | -0.26% | -0.30% | -0.18% | -0.27% | -0.32% | -1.23% | -0.34% | -0.34% | -0.40% | -0.36% | -0.35% | -0.39% | -0.43% | -0.38% | -0.47% | -0.77% |
| Backpack | — | -0.37% | -0.66% | -0.39% | -0.40% | -0.40% | -0.44% | -0.32% | -0.41% | -0.45% | -1.37% | -0.47% | -0.47% | -0.53% | -0.50% | -0.49% | -0.53% | -0.57% | -0.51% | -0.61% | -0.91% |
| KuCoin | -0.34% | — | -0.59% | -0.32% | -0.33% | -0.33% | -0.37% | -0.25% | -0.34% | -0.38% | -1.30% | -0.40% | -0.40% | -0.46% | -0.43% | -0.42% | -0.46% | -0.49% | -0.44% | -0.54% | -0.84% |
| Kraken | -0.32% | -0.27% | -0.57% | -0.30% | — | -0.31% | -0.35% | -0.23% | -0.32% | -0.36% | -1.28% | -0.38% | -0.38% | -0.44% | -0.41% | -0.40% | -0.44% | -0.47% | -0.42% | -0.52% | -0.82% |

## Frequently asked questions

### Is there a PUMP arbitrage opportunity right now?

Yes. On perpetual markets, you can buy PUMP on HTX at 0.005478 and sell on Backpack at 0.0054958, a 0.02% net spread after 0.30% in taker fees.

### Which exchange has the cheapest PUMP?

Lowest ask price: Spot: Gate at 0.0054897; Perpetual: HTX at 0.005478.

### How is the net spread calculated?

Net spread = (best bid on the sell exchange − best ask on the buy exchange) ÷ best ask − taker fees. Spot routes pay one taker fee per exchange. Perpetual routes pay two per exchange, to open and to close. Max profit is read from both order books, so it includes slippage, and spot routes also subtract the withdrawal fee.
