ArbTide

CRV Arbitrage: Live Price Spreads Across Exchanges

Live

As of 2026-10-03 05:30 UTC, ArbTide tracks CRV spot and perpetual prices across exchanges. On spot markets, the best route has a 0.03% gross spread, which fees turn into a -0.17% net loss. On perpetual markets, the best route has a 0.09% gross spread, which fees turn into a -0.12% net loss.

CRV spot prices by exchange

BuyBybit@ 0.3744SellBinance@ 0.3745Net spread -0.17% after 0.20% feesMove on Ethereum, $2.25 fee.
  • Binance
    0.3745
    Bid
    Market
    CRV/USDT
    Ask
    0.3746
    Book spread
    0.027%
    24h volume
    $5.7M
    Taker fee
    0.100%

  • Gate
    0.3745
    Bid
    Market
    CRV/USDT
    Ask
    0.3746
    Book spread
    0.027%
    24h volume
    $2M
    Taker fee
    0.200%

  • XT.COM
    0.3745
    Bid
    Market
    CRV/USDT
    Ask
    0.3746
    Book spread
    0.027%
    24h volume
    $1.1M
    Taker fee
    0.200%

  • Toobit
    0.3745
    Bid
    Market
    CRV/USDT
    Ask
    0.3746
    Book spread
    0.027%
    24h volume
    $953.3K
    Taker fee
    0.100%

  • DigiFinex
    0.3745
    Bid
    Market
    CRV/USDT
    Ask
    0.3746
    Book spread
    0.027%
    24h volume
    $349.6K
    Taker fee
    0.200%

  • OKX
    0.3744
    Bid
    Market
    CRV/USDT
    Ask
    0.3745
    Book spread
    0.027%
    24h volume
    $2.3M
    Taker fee
    0.150%

  • BingX
    0.3744
    Bid
    Market
    CRV/USDT
    Ask
    0.3746
    Book spread
    0.053%
    24h volume
    $316.2K
    Taker fee
    0.100%

  • KuCoin
    0.3744
    Bid
    Market
    CRV/USDT
    Ask
    0.3748
    Book spread
    0.107%
    24h volume
    $1.3M
    Taker fee
    0.100%

  • WEEX
    0.3744
    Bid
    Market
    CRV/USDT
    Ask
    0.3748
    Book spread
    0.107%
    24h volume
    $160.7K
    Taker fee
    0.100%

  • CEX.IO
    0.37436
    Bid
    Market
    CRV/USDT
    Ask
    0.37477
    Book spread
    0.109%
    24h volume
    $83.9
    Taker fee
    0.100%

  • Kraken
    0.37435
    Bid
    Market
    CRV/USD
    Ask
    0.37462
    Book spread
    0.072%
    24h volume
    $1.8M
    Taker fee
    0.260%

  • Bybit
    0.3743
    Bid
    Market
    CRV/USDT
    Ask
    0.3744
    Book spread
    0.027%
    24h volume
    $4M
    Taker fee
    0.100%

  • Bitget
    0.3743
    Bid
    Market
    CRV/USDT
    Ask
    0.3746
    Book spread
    0.080%
    24h volume
    $477.3K
    Taker fee
    0.200%

  • Revolut X
    0.3743
    Bid
    Market
    CRV/USD
    Ask
    0.37467
    Book spread
    0.099%
    24h volume
    $106.8K
    Taker fee
    0.090%

  • WhiteBIT
    0.3743
    Bid
    Market
    CRV/USDT
    Ask
    0.3747
    Book spread
    0.107%
    24h volume
    $1.6M
    Taker fee
    0.100%

  • Crypto.com
    0.3743
    Bid
    Market
    CRV/USD
    Ask
    0.3747
    Book spread
    0.107%
    24h volume
    $32.4K
    Taker fee
    0.500%

  • Bitstamp
    0.3742
    Bid
    Market
    CRV/USD
    Ask
    0.37461
    Book spread
    0.109%
    24h volume
    $365.8K
    Taker fee
    0.400%

  • MEXC
    0.3742
    Bid
    Market
    CRV/USDT
    Ask
    0.3749
    Book spread
    0.187%
    24h volume
    $1.2M
    Taker fee
    0.080%

  • Deepcoin
    0.3742
    Bid
    Market
    CRV/USDT
    Ask
    0.3749
    Book spread
    0.187%
    24h volume
    $42K
    Taker fee
    0.150%

  • BTSE
    0.3741
    Bid
    Market
    CRV/USD
    Ask
    0.3748
    Book spread
    0.187%
    24h volume
    $135.9K
    Taker fee
    0.020%

  • BtcTurk
    0.374
    Bid
    Market
    CRV/USDT
    Ask
    0.3763
    Book spread
    0.611%
    24h volume
    $28.7K
    Taker fee
    0.090%

  • Bitfinex
    0.37398
    Bid
    Market
    CRV/USD
    Ask
    0.3748
    Book spread
    0.219%
    24h volume
    $6K
    Taker fee
    0.200%

  • HitBTC
    0.373907
    Bid
    Market
    CRV/USDT
    Ask
    0.375012
    Book spread
    0.295%
    24h volume
    $294.9K
    Taker fee
    0.250%

  • HTX
    0.3737
    Bid
    Market
    CRV/USDT
    Ask
    0.3759
    Book spread
    0.585%
    24h volume
    $762.4K
    Taker fee
    0.200%

  • BigONE
    0.3734
    Bid
    Market
    CRV/USDT
    Ask
    0.3758
    Book spread
    0.639%
    24h volume
    $190.5K
    Taker fee
    0.100%

Showing 25 of 25

Net spread for every exchange pair

Each cell buys CRV at one exchangeโ€™s ask and sells at anotherโ€™s bid, less taker fees on every fill. Cheapest asks are at the top, richest bids on the left, so profitable pairs gather in the top-left corner.

Loses after feesProfits after feesFigures are the net spread in % after taker fees on every fill; steps at 0.1%, 0.25%, 0.5%, 1%.
CRV net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on โ†“ sell on โ†’BinanceGateXT.COMToobitDigiFinexOKXBingXKuCoinWEEXCEX.IOKrakenBybitBitgetRevolut XWhiteBITCrypto.comBitstampMEXCDeepcoinBTSEBtcTurkBitfinexHitBTCHTXBigONE
Bybitask 0.3744-0.17-0.27-0.27-0.17-0.27-0.25-0.20-0.20-0.20-0.21-0.37Same exchange-0.33-0.22-0.23-0.63-0.55-0.23-0.30-0.20-0.30-0.41-0.48-0.49-0.47
OKXask 0.3745-0.25-0.35-0.35-0.25-0.35Same exchange-0.28-0.28-0.28-0.29-0.45-0.30-0.40-0.29-0.30-0.70-0.63-0.31-0.38-0.28-0.37-0.49-0.56-0.56-0.54
Binanceask 0.3746Same exchange-0.33-0.33-0.23-0.33-0.30-0.25-0.25-0.25-0.26-0.43-0.28-0.38-0.27-0.28-0.68-0.61-0.29-0.36-0.25-0.35-0.47-0.53-0.54-0.52
Bitgetask 0.3746-0.33-0.43-0.43-0.33-0.43-0.40-0.35-0.35-0.35-0.36-0.53-0.38Same exchange-0.37-0.38-0.78-0.71-0.39-0.46-0.35-0.45-0.57-0.63-0.64-0.62
Gateask 0.3746-0.33Same exchange-0.43-0.33-0.43-0.40-0.35-0.35-0.35-0.36-0.53-0.38-0.48-0.37-0.38-0.78-0.71-0.39-0.46-0.35-0.45-0.57-0.63-0.64-0.62
BingXask 0.3746-0.23-0.33-0.33-0.23-0.33-0.30Same exchange-0.25-0.25-0.26-0.43-0.28-0.38-0.27-0.28-0.68-0.61-0.29-0.36-0.25-0.35-0.47-0.53-0.54-0.52
XT.COMask 0.3746-0.33-0.43Same exchange-0.33-0.43-0.40-0.35-0.35-0.35-0.36-0.53-0.38-0.48-0.37-0.38-0.78-0.71-0.39-0.46-0.35-0.45-0.57-0.63-0.64-0.62
Toobitask 0.3746-0.23-0.33-0.33Same exchange-0.33-0.30-0.25-0.25-0.25-0.26-0.43-0.28-0.38-0.27-0.28-0.68-0.61-0.29-0.36-0.25-0.35-0.47-0.53-0.54-0.52
DigiFinexask 0.3746-0.33-0.43-0.43-0.33Same exchange-0.40-0.35-0.35-0.35-0.36-0.53-0.38-0.48-0.37-0.38-0.78-0.71-0.39-0.46-0.35-0.45-0.57-0.63-0.64-0.62
Bitstampask 0.37461-0.53-0.63-0.63-0.53-0.63-0.61-0.56-0.56-0.56-0.57-0.73-0.58-0.68-0.57-0.58-0.98Same exchange-0.59-0.66-0.56-0.65-0.77-0.84-0.84-0.82
Krakenask 0.37462-0.39-0.49-0.49-0.39-0.49-0.47-0.42-0.42-0.42-0.43Same exchange-0.45-0.55-0.44-0.45-0.85-0.77-0.45-0.52-0.42-0.52-0.63-0.70-0.71-0.69
Revolut Xask 0.37467-0.24-0.34-0.34-0.24-0.34-0.31-0.26-0.26-0.26-0.27-0.44-0.29-0.39Same exchange-0.29-0.69-0.62-0.30-0.37-0.26-0.36-0.47-0.54-0.55-0.53
WhiteBITask 0.3747-0.25-0.35-0.35-0.25-0.35-0.33-0.28-0.28-0.28-0.29-0.45-0.31-0.41-0.30Same exchange-0.71-0.63-0.31-0.38-0.28-0.38-0.49-0.56-0.57-0.55
Crypto.comask 0.3747-0.65-0.75-0.75-0.65-0.75-0.73-0.68-0.68-0.68-0.69-0.85-0.71-0.81-0.70-0.71Same exchange-1.03-0.71-0.78-0.68-0.78-0.89-0.96-0.97-0.95
CEX.IOask 0.37477-0.27-0.37-0.37-0.27-0.37-0.35-0.30-0.30-0.30Same exchange-0.47-0.33-0.43-0.32-0.33-0.73-0.65-0.33-0.40-0.30-0.40-0.51-0.58-0.59-0.57
KuCoinask 0.3748-0.28-0.38-0.38-0.28-0.38-0.36-0.31Same exchange-0.31-0.32-0.48-0.33-0.43-0.32-0.33-0.73-0.66-0.34-0.41-0.31-0.40-0.52-0.59-0.59-0.57
BTSEask 0.3748-0.20-0.30-0.30-0.20-0.30-0.28-0.23-0.23-0.23-0.24-0.40-0.25-0.35-0.24-0.25-0.65-0.58-0.26-0.33Same exchange-0.32-0.44-0.51-0.51-0.49
WEEXask 0.3748-0.28-0.38-0.38-0.28-0.38-0.36-0.31-0.31Same exchange-0.32-0.48-0.33-0.43-0.32-0.33-0.73-0.66-0.34-0.41-0.31-0.40-0.52-0.59-0.59-0.57
Bitfinexask 0.3748-0.38-0.48-0.48-0.38-0.48-0.46-0.41-0.41-0.41-0.42-0.58-0.43-0.53-0.42-0.43-0.83-0.76-0.44-0.51-0.41-0.50Same exchange-0.69-0.69-0.67
MEXCask 0.3749-0.29-0.39-0.39-0.29-0.39-0.36-0.31-0.31-0.31-0.32-0.49-0.34-0.44-0.33-0.34-0.74-0.67Same exchange-0.42-0.31-0.41-0.53-0.59-0.60-0.58
Deepcoinask 0.3749-0.36-0.46-0.46-0.36-0.46-0.43-0.38-0.38-0.38-0.39-0.56-0.41-0.51-0.40-0.41-0.81-0.74-0.42Same exchange-0.38-0.48-0.60-0.66-0.67-0.65
HitBTCask 0.375012-0.49-0.59-0.59-0.49-0.59-0.56-0.51-0.51-0.51-0.52-0.69-0.54-0.64-0.53-0.54-0.94-0.87-0.55-0.62-0.51-0.61-0.73Same exchange-0.80-0.78
BigONEask 0.3758-0.55-0.65-0.65-0.55-0.65-0.62-0.57-0.57-0.57-0.58-0.75-0.60-0.70-0.59-0.60-1.00-0.93-0.61-0.68-0.57-0.67-0.78-0.85-0.86Same exchange
HTXask 0.3759-0.67-0.77-0.77-0.67-0.77-0.75-0.70-0.70-0.70-0.71-0.87-0.73-0.83-0.72-0.73-1.13-1.05-0.73-0.80-0.70-0.80-0.91-0.98Same exchange-0.97
BtcTurkask 0.3763-0.67-0.77-0.77-0.67-0.77-0.74-0.69-0.69-0.69-0.71-0.87-0.72-0.82-0.71-0.72-1.12-1.05-0.73-0.80-0.69Same exchange-0.91-0.98-0.98-0.96

CRV perpetual prices by exchange

BuyBybit@ 0.3741SellHyperliquid@ 0.37442Net spread -0.12% after 0.21% fees
  • Crypto.com
    0.3746
    Bid
    Ask
    0.3748
    Book spread
    0.053%
    24h volume
    $76.1K
    Taker fee
    0.500%

  • Hyperliquid
    0.37442
    Bid
    Ask
    0.37471
    Book spread
    0.077%
    24h volume
    $12.6M
    Taker fee
    0.045%

  • Backpack
    0.3744
    Bid
    Ask
    0.37449
    Book spread
    0.024%
    24h volume
    $141.1K
    Taker fee
    0.100%

  • Kraken
    0.3744
    Bid
    Ask
    0.3748
    Book spread
    0.107%
    24h volume
    $1.6M
    Taker fee
    0.050%

  • Binance
    0.3741
    Bid
    Ask
    0.3742
    Book spread
    0.027%
    24h volume
    $39.3M
    Taker fee
    0.050%

  • DigiFinex
    0.3741
    Bid
    Ask
    0.3742
    Book spread
    0.027%
    24h volume
    $5.2M
    Taker fee
    0.200%

  • Extended
    0.37406
    Bid
    Ask
    0.37444
    Book spread
    0.101%
    24h volume
    $228.7K
    Taker fee
    0.200%

  • Bitfinex
    0.37403
    Bid
    Ask
    0.375
    Book spread
    0.259%
    24h volume
    $744.9
    Taker fee
    0.200%

  • Bybit
    0.374
    Bid
    Ask
    0.3741
    Book spread
    0.027%
    24h volume
    $16.5M
    Taker fee
    0.060%

  • OKX
    0.374
    Bid
    Ask
    0.3741
    Book spread
    0.027%
    24h volume
    $19.6M
    Taker fee
    0.050%

  • MEXC
    0.374
    Bid
    Ask
    0.3741
    Book spread
    0.027%
    24h volume
    $13.5M
    Taker fee
    0.020%

  • BingX
    0.374
    Bid
    Ask
    0.3741
    Book spread
    0.027%
    24h volume
    $3.3M
    Taker fee
    0.050%

  • XT.COM
    0.374
    Bid
    Ask
    0.3741
    Book spread
    0.027%
    24h volume
    $8.3M
    Taker fee
    0.060%

  • Deepcoin
    0.374
    Bid
    Ask
    0.3741
    Book spread
    0.027%
    24h volume
    $10.2M
    Taker fee
    0.150%

  • Gate
    0.374
    Bid
    Ask
    0.3742
    Book spread
    0.053%
    24h volume
    $729.3K
    Taker fee
    0.050%

  • KuCoin
    0.374
    Bid
    Ask
    0.3743
    Book spread
    0.080%
    24h volume
    $17M
    Taker fee
    0.060%

  • WOOFi Pro
    0.374
    Bid
    Ask
    0.3744
    Book spread
    0.107%
    24h volume
    $12.5K
    Taker fee
    0.050%

  • HitBTC
    0.374
    Bid
    Market
    CRV/USDT:USDT
    Ask
    0.3745
    Book spread
    0.134%
    Taker fee
    0.070%

  • Aster
    0.374
    Bid
    Ask
    0.375
    Book spread
    0.267%
    24h volume
    $31.3K
    Taker fee
    0.035%

  • WEEX
    0.3739
    Bid
    Ask
    0.3741
    Book spread
    0.053%
    24h volume
    $2.8M
    Taker fee
    0.080%

  • Bitget
    0.3739
    Bid
    Ask
    0.3742
    Book spread
    0.080%
    24h volume
    $4.3M
    Taker fee
    0.060%

  • WhiteBIT
    0.3739
    Bid
    Ask
    0.3748
    Book spread
    0.240%
    24h volume
    $9.8M
    Taker fee
    0.055%

  • BTSE
    0.3738
    Bid
    Ask
    0.3746
    Book spread
    0.214%
    24h volume
    $530.2K
    Taker fee
    0.055%

  • Toobit
    0.3736
    Bid
    Ask
    0.3748
    Book spread
    0.320%
    24h volume
    $4.4M
    Taker fee
    0.100%

Showing 24 of 24

Net spread for every exchange pair

Each cell buys CRV at one exchangeโ€™s ask and sells at anotherโ€™s bid, less taker fees on every fill. Cheapest asks are at the top, richest bids on the left, so profitable pairs gather in the top-left corner.

Loses after feesProfits after feesFigures are the net spread in % after taker fees on every fill; steps at 0.1%, 0.25%, 0.5%, 1%.
CRV net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on โ†“ sell on โ†’Crypto.comHyperliquidBackpackKrakenBinanceDigiFinexExtendedBitfinexBybitOKXMEXCBingXXT.COMDeepcoinGateKuCoinWOOFi ProHitBTCAsterWEEXBitgetWhiteBITBTSEToobit
Bybitask 0.3741-0.99-0.12-0.24-0.14-0.22-0.52-0.53-0.54Same exchange-0.25-0.19-0.25-0.27-0.45-0.25-0.27-0.25-0.29-0.22-0.33-0.29-0.28-0.31-0.45
OKXask 0.3741-0.97-0.10-0.22-0.12-0.20-0.50-0.51-0.52-0.25Same exchange-0.17-0.23-0.25-0.43-0.23-0.25-0.23-0.27-0.20-0.31-0.27-0.26-0.29-0.43
MEXCask 0.3741-0.91-0.04-0.16-0.06-0.14-0.44-0.45-0.46-0.19-0.17Same exchange-0.17-0.19-0.37-0.17-0.19-0.17-0.21-0.14-0.25-0.21-0.20-0.23-0.37
BingXask 0.3741-0.97-0.10-0.22-0.12-0.20-0.50-0.51-0.52-0.25-0.23-0.17Same exchange-0.25-0.43-0.23-0.25-0.23-0.27-0.20-0.31-0.27-0.26-0.29-0.43
XT.COMask 0.3741-0.99-0.12-0.24-0.14-0.22-0.52-0.53-0.54-0.27-0.25-0.19-0.25Same exchange-0.45-0.25-0.27-0.25-0.29-0.22-0.33-0.29-0.28-0.31-0.45
WEEXask 0.3741-1.03-0.16-0.28-0.18-0.26-0.56-0.57-0.58-0.31-0.29-0.23-0.29-0.31-0.49-0.29-0.31-0.29-0.33-0.26Same exchange-0.33-0.32-0.35-0.49
Deepcoinask 0.3741-1.17-0.30-0.42-0.32-0.40-0.70-0.71-0.72-0.45-0.43-0.37-0.43-0.45Same exchange-0.43-0.45-0.43-0.47-0.40-0.51-0.47-0.46-0.49-0.63
Binanceask 0.3742-0.99-0.13-0.25-0.15Same exchange-0.53-0.54-0.55-0.27-0.25-0.19-0.25-0.27-0.45-0.25-0.27-0.25-0.29-0.22-0.34-0.30-0.29-0.32-0.46
Bitgetask 0.3742-1.01-0.15-0.27-0.17-0.25-0.55-0.56-0.57-0.29-0.27-0.21-0.27-0.29-0.47-0.27-0.29-0.27-0.31-0.24-0.36Same exchange-0.31-0.34-0.48
Gateask 0.3742-0.99-0.13-0.25-0.15-0.23-0.53-0.54-0.55-0.27-0.25-0.19-0.25-0.27-0.45Same exchange-0.27-0.25-0.29-0.22-0.34-0.30-0.29-0.32-0.46
DigiFinexask 0.3742-1.29-0.43-0.55-0.45-0.53Same exchange-0.84-0.85-0.57-0.55-0.49-0.55-0.57-0.75-0.55-0.57-0.55-0.59-0.52-0.64-0.60-0.59-0.62-0.76
KuCoinask 0.3743-1.04-0.18-0.29-0.19-0.27-0.57-0.58-0.59-0.32-0.30-0.24-0.30-0.32-0.50-0.30Same exchange-0.30-0.34-0.27-0.39-0.35-0.34-0.36-0.51
WOOFi Proask 0.3744-1.05-0.18-0.30-0.20-0.28-0.58-0.59-0.60-0.33-0.31-0.25-0.31-0.33-0.51-0.31-0.33Same exchange-0.35-0.28-0.39-0.35-0.34-0.37-0.51
Extendedask 0.37444-1.36-0.50-0.61-0.51-0.59-0.89Same exchange-0.91-0.64-0.62-0.56-0.62-0.64-0.82-0.62-0.64-0.62-0.66-0.59-0.70-0.66-0.65-0.68-0.82
Backpackask 0.37449-1.17-0.31Same exchange-0.32-0.40-0.70-0.71-0.72-0.45-0.43-0.37-0.43-0.45-0.63-0.43-0.45-0.43-0.47-0.40-0.52-0.48-0.47-0.49-0.64
HitBTCask 0.3745-1.11-0.25-0.37-0.27-0.35-0.65-0.66-0.67-0.39-0.37-0.31-0.37-0.39-0.57-0.37-0.39-0.37Same exchange-0.34-0.46-0.42-0.41-0.44-0.58
BTSEask 0.3746-1.11-0.25-0.36-0.26-0.34-0.64-0.65-0.66-0.39-0.37-0.31-0.37-0.39-0.57-0.37-0.39-0.37-0.41-0.34-0.46-0.42-0.41Same exchange-0.58
Hyperliquidask 0.37471-1.12Same exchange-0.37-0.27-0.35-0.65-0.66-0.67-0.40-0.38-0.32-0.38-0.40-0.58-0.38-0.40-0.38-0.42-0.35-0.47-0.43-0.42-0.44-0.59
Krakenask 0.3748-1.15-0.29-0.41Same exchange-0.39-0.69-0.70-0.71-0.43-0.41-0.35-0.41-0.43-0.61-0.41-0.43-0.41-0.45-0.38-0.50-0.46-0.45-0.48-0.62
WhiteBITask 0.3748-1.16-0.30-0.42-0.32-0.40-0.70-0.71-0.72-0.44-0.42-0.36-0.42-0.44-0.62-0.42-0.44-0.42-0.46-0.39-0.51-0.47Same exchange-0.49-0.63
Toobitask 0.3748-1.25-0.39-0.51-0.41-0.49-0.79-0.80-0.81-0.53-0.51-0.45-0.51-0.53-0.71-0.51-0.53-0.51-0.55-0.48-0.60-0.56-0.55-0.58Same exchange
Crypto.comask 0.3748Same exchange-1.19-1.31-1.21-1.29-1.59-1.60-1.61-1.33-1.31-1.25-1.31-1.33-1.51-1.31-1.33-1.31-1.35-1.28-1.40-1.36-1.35-1.38-1.52
Bitfinexask 0.375-1.51-0.64-0.76-0.66-0.74-1.04-1.05Same exchange-0.79-0.77-0.71-0.77-0.79-0.97-0.77-0.79-0.77-0.81-0.74-0.85-0.81-0.80-0.83-0.97
Asterask 0.375-1.18-0.31-0.43-0.33-0.41-0.71-0.72-0.73-0.46-0.44-0.38-0.44-0.46-0.64-0.44-0.46-0.44-0.48Same exchange-0.52-0.48-0.47-0.50-0.64

Holding perpetual positions? Compare CRV funding rates across exchanges.

Frequently asked questions

Is there a CRV arbitrage opportunity right now?
No. The best CRV routes do not cover taker fees at the moment.
Which exchange has the cheapest CRV?
Lowest ask price: Spot: Bybit at 0.3744; Perpetual: Bybit at 0.3741.
How is the net spread calculated?
Net spread = (best bid on the sell exchange โˆ’ best ask on the buy exchange) รท best ask โˆ’ 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.

How the net spread is calculated

New to this? Read what crypto arbitrage is.