ArbTide

SPELL Arbitrage: Live Price Spreads Across Exchanges

Live

As of 2026-10-03 17:23 UTC, ArbTide tracks SPELL spot and perpetual prices across exchanges. Spot prices are listed on 11 exchanges without a liquid route. On perpetual markets, the best route has a -0.10% gross spread, which fees turn into a -0.24% net loss.

SPELL spot prices by exchange

  • Gate
    0.00009746
    Bid
    Ask
    0.00009762
    Book spread
    0.164%
    24h volume
    $1.3K
    Taker fee
    0.200%

  • Binance
    0.0000974
    Bid
    Ask
    0.0000975
    Book spread
    0.103%
    24h volume
    $224.4K
    Taker fee
    0.100%

  • MEXC
    0.00009737
    Bid
    Ask
    0.00009752
    Book spread
    0.154%
    24h volume
    $58.9K
    Taker fee
    0.200%

  • CEX.IO
    0.00009731
    Bid
    Ask
    0.00009776
    Book spread
    0.460%
    24h volume
    $25.1
    Taker fee
    0.100%

  • WEEX
    0.0000973
    Bid
    Ask
    0.0000975
    Book spread
    0.205%
    24h volume
    $3.2K
    Taker fee
    0.100%

  • Kraken
    0.0000973
    Bid
    Market
    SPELL/USD
    Ask
    0.0000976
    Book spread
    0.307%
    24h volume
    $5.4K
    Taker fee
    0.260%

  • DigiFinex
    0.0000973
    Bid
    Ask
    0.0000976
    Book spread
    0.307%
    24h volume
    $31.6K
    Taker fee
    0.200%

  • HTX
    0.000097
    Bid
    Ask
    0.000098
    Book spread
    1.020%
    24h volume
    $530.5
    Taker fee
    0.200%

  • BtcTurk
    0.000097
    Bid
    Ask
    0.000098
    Book spread
    1.020%
    24h volume
    $10.9K
    Taker fee
    0.090%

  • Crypto.com
    0.00009693
    Bid
    Market
    SPELL/USD
    Ask
    0.000098017
    Book spread
    1.109%
    24h volume
    $717.3
    Taker fee
    0.500%

  • Revolut X
    0.00009682
    Bid
    Market
    SPELL/USD
    Ask
    0.00009798
    Book spread
    1.184%
    24h volume
    $227.1
    Taker fee
    0.090%

Showing 11 of 11

Net spread for every exchange pair

Each cell buys SPELL 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%.
SPELL net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on ↓ sell on →GateBinanceMEXCCEX.IOWEEXKrakenDigiFinexHTXBtcTurkCrypto.comRevolut X
Binanceask 0.0000975-0.34Same exchange-0.43-0.39-0.41-0.57-0.51-0.81-0.70-1.18-0.89
WEEXask 0.0000975-0.34-0.30-0.43-0.39Same exchange-0.57-0.51-0.81-0.70-1.18-0.89
MEXCask 0.00009752-0.46-0.42Same exchange-0.52-0.53-0.69-0.63-0.93-0.82-1.31-1.01
Krakenask 0.0000976-0.60-0.56-0.70-0.66-0.67Same exchange-0.77-1.07-0.96-1.45-1.15
DigiFinexask 0.0000976-0.54-0.50-0.64-0.60-0.61-0.77Same exchange-1.01-0.90-1.39-1.09
Gateask 0.00009762Same exchange-0.53-0.66-0.62-0.63-0.79-0.73-1.04-0.93-1.41-1.11
CEX.IOask 0.00009776-0.61-0.57-0.70Same exchange-0.67-0.83-0.77-1.08-0.97-1.45-1.15
Revolut Xask 0.00009798-0.82-0.78-0.91-0.87-0.88-1.04-0.98-1.29-1.18-1.66Same exchange
HTXask 0.000098-0.95-0.91-1.04-1.00-1.01-1.17-1.11Same exchange-1.31-1.79-1.49
BtcTurkask 0.000098-0.84-0.80-0.93-0.89-0.90-1.06-1.00-1.31Same exchange-1.68-1.38
Crypto.comask 0.000098017-1.27-1.23-1.36-1.32-1.33-1.49-1.43-1.74-1.63Same exchange-1.81

SPELL perpetual prices by exchange

BuyBinance@ 0.0000975SellMEXC@ 0.0000974Net spread -0.24% after 0.14% fees
  • Binance
    0.0000974
    Bid
    Ask
    0.0000975
    Book spread
    0.103%
    24h volume
    $1.6M
    Taker fee
    0.050%

  • MEXC
    0.0000974
    Bid
    Ask
    0.0000975
    Book spread
    0.103%
    24h volume
    $108.3K
    Taker fee
    0.020%

  • XT.COM
    0.0000974
    Bid
    Ask
    0.0000975
    Book spread
    0.103%
    24h volume
    $157.3K
    Taker fee
    0.060%

  • Toobit
    0.0000974
    Bid
    Ask
    0.0000975
    Book spread
    0.103%
    24h volume
    $964.4K
    Taker fee
    0.100%

  • Deepcoin
    0.0000974
    Bid
    Ask
    0.0000975
    Book spread
    0.103%
    24h volume
    $67.5K
    Taker fee
    0.150%

  • Gate
    0.0000973
    Bid
    Ask
    0.0000974
    Book spread
    0.103%
    24h volume
    $21.4K
    Taker fee
    0.050%

  • KuCoin
    0.0000973
    Bid
    Ask
    0.0000974
    Book spread
    0.103%
    24h volume
    $16.2K
    Taker fee
    0.060%

  • WEEX
    0.0000973
    Bid
    Ask
    0.0000974
    Book spread
    0.103%
    24h volume
    $20.6K
    Taker fee
    0.080%

  • Bitget
    0.00009725
    Bid
    Ask
    0.0000975
    Book spread
    0.256%
    24h volume
    $50.5K
    Taker fee
    0.060%

Showing 9 of 9

Net spread for every exchange pair

Each cell buys SPELL 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%.
SPELL net spread after fees for every pair of exchanges: rows are where you buy, columns are where you sell
Buy on ↓ sell on →BinanceMEXCXT.COMToobitDeepcoinGateKuCoinWEEXBitget
Gateask 0.0000974-0.20-0.14-0.22-0.30-0.40Same exchange-0.32-0.36-0.37
KuCoinask 0.0000974-0.22-0.16-0.24-0.32-0.42-0.32Same exchange-0.38-0.39
WEEXask 0.0000974-0.26-0.20-0.28-0.36-0.46-0.36-0.38Same exchange-0.43
Binanceask 0.0000975Same exchange-0.24-0.32-0.40-0.50-0.41-0.43-0.47-0.48
Bitgetask 0.0000975-0.32-0.26-0.34-0.42-0.52-0.43-0.45-0.49Same exchange
MEXCask 0.0000975-0.24Same exchange-0.26-0.34-0.44-0.35-0.37-0.41-0.42
XT.COMask 0.0000975-0.32-0.26Same exchange-0.42-0.52-0.43-0.45-0.49-0.50
Toobitask 0.0000975-0.40-0.34-0.42Same exchange-0.60-0.51-0.53-0.57-0.58
Deepcoinask 0.0000975-0.50-0.44-0.52-0.60Same exchange-0.61-0.63-0.67-0.68

Holding perpetual positions? Compare SPELL funding rates across exchanges.

Frequently asked questions

Is there a SPELL arbitrage opportunity right now?
No. The best SPELL routes do not cover taker fees at the moment.
Which exchange has the cheapest SPELL?
Lowest ask price: Spot: Binance at 0.0000975; Perpetual: Gate at 0.0000974.
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.