ArbTide

FIL Arbitrage: Live Price Spreads Across Exchanges

Live

As of 2026-10-03 01:39 UTC, ArbTide tracks FIL spot and perpetual prices across exchanges. On spot markets, the best route has a 0.07% gross spread, which fees turn into a -0.28% net loss. On perpetual markets, you can buy FIL on XT.COM at 1.0368 and sell on HTX at 1.0391, a 0.00% net spread after 0.22% in taker fees.

FIL spot prices by exchange

BuyOKX@ 1.0388SellGate@ 1.0395Net spread -0.28% after 0.35% feesTransfer cost unknown.
  • Gate
    1.0395
    Bid
    Market
    FIL/USDT
    Ask
    1.0396
    Book spread
    0.010%
    24h volume
    $3.8M
    Taker fee
    0.200%

  • Bybit
    1.0392
    Bid
    Market
    FIL/USDT
    Ask
    1.0395
    Book spread
    0.029%
    24h volume
    $1.7M
    Taker fee
    0.100%

  • LBank
    1.039
    Bid
    Market
    FIL/USDT
    Ask
    1.0391
    Book spread
    0.010%
    24h volume
    $3.9M
    Taker fee
    0.100%

  • Bitget
    1.039
    Bid
    Market
    FIL/USDT
    Ask
    1.0392
    Book spread
    0.019%
    24h volume
    $255.2K
    Taker fee
    0.200%

  • MEXC
    1.0389
    Bid
    Market
    FIL/USDT
    Ask
    1.039
    Book spread
    0.010%
    24h volume
    $3.6M
    Taker fee
    0.050%

  • DigiFinex
    1.0389
    Bid
    Market
    FIL/USDT
    Ask
    1.039
    Book spread
    0.010%
    24h volume
    $3.5M
    Taker fee
    0.200%

  • Binance
    1.0389
    Bid
    Market
    FIL/USDT
    Ask
    1.0391
    Book spread
    0.019%
    24h volume
    $12.2M
    Taker fee
    0.100%

  • WEEX
    1.0388
    Bid
    Market
    FIL/USDT
    Ask
    1.039
    Book spread
    0.019%
    24h volume
    $4.6M
    Taker fee
    0.100%

  • BingX
    1.0388
    Bid
    Market
    FIL/USDT
    Ask
    1.0391
    Book spread
    0.029%
    24h volume
    $403.6K
    Taker fee
    0.100%

  • OKX
    1.0387
    Bid
    Market
    FIL/USDT
    Ask
    1.0388
    Book spread
    0.010%
    24h volume
    $10.9M
    Taker fee
    0.150%

  • Crypto.com
    1.0387
    Bid
    Market
    FIL/USD
    Ask
    1.039
    Book spread
    0.029%
    24h volume
    $101.8K
    Taker fee
    0.500%

  • KuCoin
    1.0387
    Bid
    Market
    FIL/USDT
    Ask
    1.0393
    Book spread
    0.058%
    24h volume
    $1.4M
    Taker fee
    0.100%

  • Deepcoin
    1.0386
    Bid
    Market
    FIL/USDT
    Ask
    1.0394
    Book spread
    0.077%
    24h volume
    $11.7K
    Taker fee
    0.150%

  • WhiteBIT
    1.0386
    Bid
    Market
    FIL/USDT
    Ask
    1.0396
    Book spread
    0.096%
    24h volume
    $4.4M
    Taker fee
    0.100%

  • Toobit
    1.0385
    Bid
    Market
    FIL/USDT
    Ask
    1.0395
    Book spread
    0.096%
    24h volume
    $3.6M
    Taker fee
    0.100%

  • Bitfinex
    1.0384
    Bid
    Market
    FIL/USD
    Ask
    1.0399
    Book spread
    0.144%
    24h volume
    $56K
    Taker fee
    0.200%

  • HitBTC
    1.0381
    Bid
    Market
    FIL/USDT
    Ask
    1.0399
    Book spread
    0.173%
    24h volume
    $577.9K
    Taker fee
    0.250%

  • BigONE
    1.0381
    Bid
    Market
    FIL/USDT
    Ask
    1.04
    Book spread
    0.183%
    24h volume
    $233.9K
    Taker fee
    0.100%

  • XT.COM
    1.038
    Bid
    Market
    FIL/USDT
    Ask
    1.039
    Book spread
    0.096%
    24h volume
    $4.7M
    Taker fee
    0.200%

  • Kraken
    1.038
    Bid
    Market
    FIL/USD
    Ask
    1.04
    Book spread
    0.192%
    24h volume
    $1.1M
    Taker fee
    0.260%

  • BTSE
    1.038
    Bid
    Market
    FIL/USD
    Ask
    1.04
    Book spread
    0.192%
    24h volume
    $521.8K
    Taker fee
    0.020%

  • CEX.IO
    1.03788
    Bid
    Market
    FIL/USD
    Ask
    1.03984
    Book spread
    0.188%
    24h volume
    $45.3K
    Taker fee
    0.100%

  • Revolut X
    1.0372
    Bid
    Market
    FIL/USD
    Ask
    1.0409
    Book spread
    0.355%
    24h volume
    $59.2K
    Taker fee
    0.090%

  • HTX
    1.0363
    Bid
    Market
    FIL/USDT
    Ask
    1.0402
    Book spread
    0.375%
    24h volume
    $1.3M
    Taker fee
    0.200%

  • BtcTurk
    1.033
    Bid
    Market
    FIL/USDT
    Ask
    1.037
    Book spread
    0.386%
    24h volume
    $87.7K
    Taker fee
    0.090%

Showing 25 of 25

Net spread for every exchange pair

Each cell buys FIL at one exchange’s ask and sells at another’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%.
FIL net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on ↓ sell on →GateBybitLBankBitgetMEXCDigiFinexBinanceWEEXBingXOKXCrypto.comKuCoinDeepcoinWhiteBITToobitBitfinexHitBTCBigONEXT.COMKrakenBTSECEX.IORevolut XHTXBtcTurk
BtcTurkask 1.037-0.05+0.020.00-0.10+0.04-0.11-0.01-0.02-0.02-0.08-0.43-0.03-0.09-0.04-0.05-0.15-0.23-0.08-0.19-0.25-0.01-0.11-0.16-0.36Same exchange
OKXask 1.0388-0.28-0.21-0.23-0.33-0.19-0.34-0.24-0.25-0.25Same exchange-0.66-0.26-0.32-0.27-0.28-0.39-0.47-0.32-0.43-0.49-0.25-0.34-0.39-0.59-0.80
MEXCask 1.039-0.20-0.13-0.15-0.25Same exchange-0.26-0.16-0.17-0.17-0.23-0.58-0.18-0.24-0.19-0.20-0.31-0.39-0.24-0.35-0.41-0.17-0.26-0.31-0.51-0.72
XT.COMask 1.039-0.35-0.28-0.30-0.40-0.26-0.41-0.31-0.32-0.32-0.38-0.73-0.33-0.39-0.34-0.35-0.46-0.54-0.39Same exchange-0.56-0.32-0.41-0.46-0.66-0.87
WEEXask 1.039-0.25-0.18-0.20-0.30-0.16-0.31-0.21Same exchange-0.22-0.28-0.63-0.23-0.29-0.24-0.25-0.36-0.44-0.29-0.40-0.46-0.22-0.31-0.36-0.56-0.77
Crypto.comask 1.039-0.65-0.58-0.60-0.70-0.56-0.71-0.61-0.62-0.62-0.68Same exchange-0.63-0.69-0.64-0.65-0.76-0.84-0.69-0.80-0.86-0.62-0.71-0.76-0.96-1.17
DigiFinexask 1.039-0.35-0.28-0.30-0.40-0.26Same exchange-0.31-0.32-0.32-0.38-0.73-0.33-0.39-0.34-0.35-0.46-0.54-0.39-0.50-0.56-0.32-0.41-0.46-0.66-0.87
Binanceask 1.0391-0.26-0.19-0.21-0.31-0.17-0.32Same exchange-0.23-0.23-0.29-0.64-0.24-0.30-0.25-0.26-0.37-0.45-0.30-0.41-0.47-0.23-0.32-0.37-0.57-0.78
BingXask 1.0391-0.26-0.19-0.21-0.31-0.17-0.32-0.22-0.23Same exchange-0.29-0.64-0.24-0.30-0.25-0.26-0.37-0.45-0.30-0.41-0.47-0.23-0.32-0.37-0.57-0.78
LBankask 1.0391-0.26-0.19Same exchange-0.31-0.17-0.32-0.22-0.23-0.23-0.29-0.64-0.24-0.30-0.25-0.26-0.37-0.45-0.30-0.41-0.47-0.23-0.32-0.37-0.57-0.78
Bitgetask 1.0392-0.37-0.30-0.32Same exchange-0.28-0.43-0.33-0.34-0.34-0.40-0.75-0.35-0.41-0.36-0.37-0.48-0.56-0.41-0.52-0.58-0.34-0.43-0.48-0.68-0.89
KuCoinask 1.0393-0.28-0.21-0.23-0.33-0.19-0.34-0.24-0.25-0.25-0.31-0.66Same exchange-0.32-0.27-0.28-0.39-0.47-0.32-0.43-0.49-0.25-0.34-0.39-0.59-0.80
Deepcoinask 1.0394-0.34-0.27-0.29-0.39-0.25-0.40-0.30-0.31-0.31-0.37-0.72-0.32Same exchange-0.33-0.34-0.45-0.53-0.38-0.48-0.54-0.30-0.40-0.45-0.65-0.86
Bybitask 1.0395-0.30Same exchange-0.25-0.35-0.21-0.36-0.26-0.27-0.27-0.33-0.68-0.28-0.34-0.29-0.30-0.41-0.48-0.33-0.44-0.50-0.26-0.36-0.41-0.61-0.82
Toobitask 1.0395-0.30-0.23-0.25-0.35-0.21-0.36-0.26-0.27-0.27-0.33-0.68-0.28-0.34-0.29Same exchange-0.41-0.48-0.33-0.44-0.50-0.26-0.36-0.41-0.61-0.82
Gateask 1.0396Same exchange-0.34-0.36-0.46-0.32-0.47-0.37-0.38-0.38-0.44-0.79-0.39-0.45-0.40-0.41-0.52-0.59-0.44-0.55-0.61-0.37-0.47-0.52-0.72-0.92
WhiteBITask 1.0396-0.31-0.24-0.26-0.36-0.22-0.37-0.27-0.28-0.28-0.34-0.69-0.29-0.35Same exchange-0.31-0.42-0.49-0.34-0.45-0.51-0.27-0.37-0.42-0.62-0.82
CEX.IOask 1.03984-0.33-0.26-0.28-0.38-0.24-0.39-0.29-0.30-0.30-0.36-0.71-0.31-0.37-0.32-0.33-0.44-0.52-0.37-0.48-0.54-0.30Same exchange-0.44-0.64-0.85
Bitfinexask 1.0399-0.44-0.37-0.39-0.49-0.35-0.50-0.40-0.41-0.41-0.47-0.82-0.42-0.48-0.43-0.43Same exchange-0.62-0.47-0.58-0.64-0.40-0.49-0.55-0.75-0.95
HitBTCask 1.0399-0.49-0.42-0.44-0.54-0.40-0.55-0.45-0.46-0.46-0.52-0.87-0.47-0.53-0.48-0.48-0.59Same exchange-0.52-0.63-0.69-0.45-0.54-0.60-0.80-1.00
Krakenask 1.04-0.51-0.44-0.46-0.56-0.42-0.57-0.47-0.48-0.48-0.54-0.89-0.49-0.54-0.49-0.50-0.61-0.69-0.54-0.65Same exchange-0.47-0.56-0.62-0.82-1.02
BTSEask 1.04-0.27-0.20-0.22-0.32-0.18-0.33-0.23-0.24-0.24-0.30-0.65-0.25-0.30-0.25-0.26-0.37-0.45-0.30-0.41-0.47Same exchange-0.32-0.38-0.58-0.78
BigONEask 1.04-0.35-0.28-0.30-0.40-0.26-0.41-0.31-0.32-0.32-0.38-0.73-0.33-0.38-0.33-0.34-0.45-0.53Same exchange-0.49-0.55-0.31-0.40-0.46-0.66-0.86
HTXask 1.0402-0.47-0.40-0.42-0.52-0.37-0.52-0.42-0.43-0.43-0.49-0.84-0.44-0.50-0.45-0.46-0.57-0.65-0.50-0.61-0.67-0.43-0.52-0.58Same exchange-0.98
Revolut Xask 1.0409-0.42-0.35-0.37-0.47-0.33-0.48-0.38-0.39-0.39-0.45-0.80-0.40-0.46-0.41-0.42-0.53-0.61-0.46-0.57-0.63-0.39-0.48Same exchange-0.73-0.94

FIL perpetual prices by exchange

BuyXT.COM@ 1.0368SellHTX@ 1.0391Net spread 0.00% after 0.22% fees
  • HTX
    1.0391
    Bid
    Ask
    1.0392
    Book spread
    0.010%
    24h volume
    $36.4M
    Taker fee
    0.050%

  • WOOFi Pro
    1.03888
    Bid
    Ask
    1.04091
    Book spread
    0.195%
    24h volume
    $1.1K
    Taker fee
    0.050%

  • Hyperliquid
    1.03882
    Bid
    Ask
    1.03952
    Book spread
    0.067%
    24h volume
    $1.6M
    Taker fee
    0.045%

  • WEEX
    1.0388
    Bid
    Ask
    1.0389
    Book spread
    0.010%
    24h volume
    $15M
    Taker fee
    0.080%

  • Kraken
    1.0388
    Bid
    Ask
    1.0396
    Book spread
    0.077%
    24h volume
    $357.2K
    Taker fee
    0.050%

  • Bitget
    1.0387
    Bid
    Ask
    1.0388
    Book spread
    0.010%
    24h volume
    $10.4M
    Taker fee
    0.060%

  • Binance
    1.0386
    Bid
    Ask
    1.0387
    Book spread
    0.010%
    24h volume
    $114.6M
    Taker fee
    0.050%

  • Deepcoin
    1.0386
    Bid
    Ask
    1.0387
    Book spread
    0.010%
    24h volume
    $8.4M
    Taker fee
    0.150%

  • Gate
    1.0386
    Bid
    Ask
    1.0388
    Book spread
    0.019%
    24h volume
    $9M
    Taker fee
    0.050%

  • BingX
    1.0386
    Bid
    Ask
    1.0388
    Book spread
    0.019%
    24h volume
    $7.2M
    Taker fee
    0.050%

  • Crypto.com
    1.0386
    Bid
    Ask
    1.0388
    Book spread
    0.019%
    24h volume
    $503.7
    Taker fee
    0.500%

  • Bitfinex
    1.0386
    Bid
    Ask
    1.0406
    Book spread
    0.192%
    24h volume
    $10.5K
    Taker fee
    0.200%

  • Bybit
    1.0385
    Bid
    Ask
    1.0386
    Book spread
    0.010%
    24h volume
    $10M
    Taker fee
    0.060%

  • OKX
    1.0382
    Bid
    Ask
    1.0383
    Book spread
    0.010%
    24h volume
    $60.2M
    Taker fee
    0.050%

  • MEXC
    1.038
    Bid
    Ask
    1.0385
    Book spread
    0.048%
    24h volume
    $116.7K
    Taker fee
    0.000%

  • KuCoin
    1.038
    Bid
    Ask
    1.039
    Book spread
    0.096%
    24h volume
    $19.4M
    Taker fee
    0.060%

  • BTSE
    1.038
    Bid
    Ask
    1.039
    Book spread
    0.096%
    24h volume
    $3.3M
    Taker fee
    0.055%

  • DigiFinex
    1.038
    Bid
    Ask
    1.039
    Book spread
    0.096%
    24h volume
    $2.6M
    Taker fee
    0.200%

  • Aster
    1.038
    Bid
    Ask
    1.04
    Book spread
    0.192%
    24h volume
    $345K
    Taker fee
    0.035%

  • HitBTC
    1.038
    Bid
    Market
    FIL/USDT:USDT
    Ask
    1.0401
    Book spread
    0.202%
    Taker fee
    0.070%

  • Toobit
    1.0379
    Bid
    Ask
    1.0385
    Book spread
    0.058%
    24h volume
    $12.3M
    Taker fee
    0.100%

  • Extended
    1.03776
    Bid
    Ask
    1.03796
    Book spread
    0.019%
    24h volume
    $2.7M
    Taker fee
    0.200%

  • XT.COM
    1.0364
    Bid
    Ask
    1.0368
    Book spread
    0.039%
    24h volume
    $11.9M
    Taker fee
    0.060%

  • WhiteBIT
    1.0359
    Bid
    Ask
    1.0405
    Book spread
    0.442%
    24h volume
    $23.9M
    Taker fee
    0.055%

Showing 24 of 24

Net spread for every exchange pair

Each cell buys FIL at one exchange’s ask and sells at another’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%.
FIL net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on ↓ sell on →HTXWOOFi ProHyperliquidWEEXKrakenBitgetBinanceDeepcoinGateBingXCrypto.comBitfinexBybitOKXMEXCKuCoinBTSEDigiFinexAsterHitBTCToobitExtendedXT.COMWhiteBIT
XT.COMask 1.03680.00-0.02-0.02-0.09-0.03-0.06-0.05-0.25-0.05-0.05-0.95-0.35-0.08-0.080.00-0.12-0.11-0.40-0.07-0.14-0.21-0.43Same exchange-0.32
Extendedask 1.03796-0.39-0.41-0.41-0.48-0.42-0.45-0.44-0.64-0.44-0.44-1.34-0.74-0.47-0.48-0.40-0.52-0.51-0.80-0.47-0.54-0.61Same exchange-0.67-0.71
OKXask 1.0383-0.12-0.14-0.14-0.21-0.15-0.18-0.17-0.37-0.17-0.17-1.07-0.47-0.20Same exchange-0.13-0.25-0.24-0.53-0.20-0.27-0.34-0.55-0.40-0.44
MEXCask 1.0385-0.04-0.06-0.06-0.13-0.07-0.10-0.09-0.29-0.09-0.09-0.99-0.39-0.12-0.13Same exchange-0.17-0.16-0.45-0.12-0.19-0.26-0.47-0.32-0.36
Toobitask 1.0385-0.24-0.26-0.26-0.33-0.27-0.30-0.29-0.49-0.29-0.29-1.19-0.59-0.32-0.33-0.25-0.37-0.36-0.65-0.32-0.39Same exchange-0.67-0.52-0.56
Bybitask 1.0386-0.17-0.19-0.19-0.26-0.20-0.23-0.22-0.42-0.22-0.22-1.12-0.52Same exchange-0.26-0.18-0.30-0.29-0.58-0.25-0.32-0.39-0.60-0.45-0.49
Binanceask 1.0387-0.16-0.18-0.18-0.25-0.19-0.22Same exchange-0.41-0.21-0.21-1.11-0.51-0.24-0.25-0.17-0.29-0.28-0.57-0.24-0.31-0.38-0.59-0.44-0.48
Deepcoinask 1.0387-0.36-0.38-0.38-0.45-0.39-0.42-0.41Same exchange-0.41-0.41-1.31-0.71-0.44-0.45-0.37-0.49-0.48-0.77-0.44-0.51-0.58-0.79-0.64-0.68
Bitgetask 1.0388-0.19-0.21-0.21-0.28-0.22Same exchange-0.24-0.44-0.24-0.24-1.14-0.54-0.27-0.28-0.20-0.32-0.31-0.60-0.27-0.34-0.41-0.62-0.47-0.51
Gateask 1.0388-0.17-0.19-0.19-0.26-0.20-0.23-0.22-0.42Same exchange-0.22-1.12-0.52-0.25-0.26-0.18-0.30-0.29-0.58-0.25-0.32-0.39-0.60-0.45-0.49
BingXask 1.0388-0.17-0.19-0.19-0.26-0.20-0.23-0.22-0.42-0.22Same exchange-1.12-0.52-0.25-0.26-0.18-0.30-0.29-0.58-0.25-0.32-0.39-0.60-0.45-0.49
Crypto.comask 1.0388-1.07-1.09-1.09-1.16-1.10-1.13-1.12-1.32-1.12-1.12Same exchange-1.42-1.15-1.16-1.08-1.20-1.19-1.48-1.15-1.22-1.29-1.50-1.35-1.39
WEEXask 1.0389-0.24-0.26-0.26Same exchange-0.27-0.30-0.29-0.49-0.29-0.29-1.19-0.59-0.32-0.33-0.25-0.37-0.36-0.65-0.32-0.39-0.46-0.67-0.52-0.56
KuCoinask 1.039-0.21-0.23-0.23-0.30-0.24-0.27-0.26-0.46-0.26-0.26-1.16-0.56-0.29-0.30-0.22Same exchange-0.33-0.62-0.29-0.36-0.43-0.64-0.49-0.53
BTSEask 1.039-0.20-0.22-0.22-0.29-0.23-0.26-0.25-0.45-0.25-0.25-1.15-0.55-0.28-0.29-0.21-0.33Same exchange-0.61-0.28-0.35-0.42-0.63-0.48-0.52
DigiFinexask 1.039-0.49-0.51-0.51-0.58-0.52-0.55-0.54-0.74-0.54-0.54-1.44-0.84-0.57-0.58-0.50-0.62-0.61Same exchange-0.57-0.64-0.71-0.92-0.77-0.81
HTXask 1.0392Same exchange-0.23-0.23-0.30-0.24-0.27-0.26-0.46-0.26-0.26-1.16-0.56-0.29-0.30-0.22-0.34-0.33-0.62-0.29-0.36-0.43-0.64-0.49-0.53
Hyperliquidask 1.03952-0.23-0.25Same exchange-0.32-0.26-0.29-0.28-0.48-0.28-0.28-1.18-0.58-0.31-0.32-0.24-0.36-0.35-0.64-0.31-0.38-0.45-0.66-0.51-0.55
Krakenask 1.0396-0.25-0.27-0.27-0.34Same exchange-0.31-0.30-0.50-0.30-0.30-1.20-0.60-0.33-0.33-0.25-0.37-0.36-0.65-0.32-0.39-0.46-0.68-0.53-0.57
Asterask 1.04-0.26-0.28-0.27-0.35-0.29-0.32-0.30-0.50-0.30-0.30-1.20-0.60-0.33-0.34-0.26-0.38-0.37-0.66Same exchange-0.40-0.47-0.69-0.54-0.57
HitBTCask 1.0401-0.34-0.36-0.35-0.42-0.36-0.39-0.38-0.58-0.38-0.38-1.28-0.68-0.41-0.42-0.34-0.46-0.45-0.74-0.41Same exchange-0.55-0.76-0.62-0.65
WhiteBITask 1.0405-0.34-0.37-0.36-0.43-0.37-0.40-0.39-0.59-0.39-0.39-1.29-0.69-0.42-0.43-0.35-0.47-0.46-0.75-0.42-0.49-0.56-0.77-0.62Same exchange
Bitfinexask 1.0406-0.64-0.67-0.66-0.73-0.67-0.70-0.69-0.89-0.69-0.69-1.59Same exchange-0.72-0.73-0.65-0.77-0.76-1.05-0.72-0.79-0.86-1.07-0.92-0.96
WOOFi Proask 1.04091-0.37Same exchange-0.39-0.46-0.40-0.43-0.42-0.62-0.42-0.42-1.32-0.72-0.45-0.46-0.38-0.50-0.49-0.78-0.45-0.52-0.59-0.80-0.65-0.69

Holding perpetual positions? Compare FIL funding rates across exchanges.

Frequently asked questions

Is there a FIL arbitrage opportunity right now?
Yes. On perpetual markets, you can buy FIL on XT.COM at 1.0368 and sell on HTX at 1.0391, a 0.00% net spread after 0.22% in taker fees.
Which exchange has the cheapest FIL?
Lowest ask price: Spot: BtcTurk at 1.037; Perpetual: XT.COM at 1.0368.
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.

How the net spread is calculated

New to this? Read what crypto arbitrage is.