# TEL Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-03 11:36 UTC, ArbTide tracks TEL spot prices across exchanges. On spot markets, you can buy TEL on MEXC at 0.001946 and sell on Kraken at 0.001959, a 0.33% net spread after 0.34% in taker fees.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| MEXC | [TEL/USDT](https://www.mexc.com/exchange/TEL_USDT) | 0.001943 | 0.001946 | 0.154% | $141.2K | 0.080% |
| Bybit | [TEL/USDT](https://www.bybit.com/en/trade/spot/TEL/USDT) | 0.001944 | 0.001949 | 0.257% | $64.4K | 0.100% |
| KuCoin | [TEL/USDT](https://www.kucoin.com/trade/TEL-USDT) | 0.001948 | 0.00195 | 0.103% | $584.4K | 0.200% |
| BingX | [TEL/USDT](https://bingx.com/en/spot/TELUSDT) | 0.001947 | 0.001951 | 0.205% | $34.1K | 0.100% |
| Kraken | [TEL/USD](https://pro.kraken.com/app/trade/tel-usd) | 0.001959 | 0.001966 | 0.356% | $132.2K | 0.260% |

### 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 → | Kraken | KuCoin | BingX | Bybit | MEXC |
| --- | --- | --- | --- | --- | --- |
| MEXC | +0.33% | -0.18% | -0.13% | -0.28% | — |
| Bybit | +0.15% | -0.35% | -0.30% | — | -0.49% |
| KuCoin | +0.00% | — | -0.45% | -0.61% | -0.64% |
| BingX | +0.05% | -0.45% | — | -0.56% | -0.59% |
| Kraken | — | -1.38% | -1.33% | -1.48% | -1.51% |

## Frequently asked questions

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

Yes. On spot markets, you can buy TEL on MEXC at 0.001946 and sell on Kraken at 0.001959, a 0.33% net spread after 0.34% in taker fees.

### Which exchange has the cheapest TEL?

Lowest ask price: Spot: MEXC at 0.001946.

### 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.