Crypto arbitrage, and why most of it is already gone
Most crypto arbitrage is closed by bots before a person can act, so the useful question is not where the gaps are but why a visible gap has survived: halted withdrawals, congestion, a book too thin to fill, or fees that exceed the edge.
Crypto arbitrage is buying the same thing in one place and selling it higher in another. The idea is simple and the reason it is hard is not that the maths is difficult. It is that the gap closes faster than a person can move.
Start from a working app
Delta Neutral - Multi Dex
scans perpetual exchanges for funding rate mispricings, then opens and manages the positions.
Open the template
The gap is usually already taken
A price difference between two venues is visible to everyone with a connection, and bots act on it in milliseconds. By the time a difference is large enough to notice by eye, it usually survives for a reason: a withdrawal is halted, a chain is congested, one side is thin enough that filling it moves the price, or the fee eats the whole edge. The opportunity is real and the reason it is still there is the part worth reading.
What a scanner is actually for
Not finding free money. Finding the small set of routes where the difference is larger than the total cost of taking it, and telling you honestly what that cost is. Fees on both legs, slippage on the thinner side, and the pool depth that decides whether your size fits at all. A scanner that reports a spread without those is reporting a number that cannot be traded.
What ours returns right now
A live scan across Solana liquidity pools, filtered to a minimum depth so that thin pools do not produce phantom routes. It reports the round trips it can see, the venues each leg would use, and the depth behind them. It is a public endpoint and needs no key, so the same figures are available to you as to us.
Where this stops being a search and becomes a build
Reading a scanner is easy. Acting on it consistently means position sizing, fee accounting, handling a leg that fills at a worse price than quoted, and knowing when not to trade. That is an application rather than a query, and it is the thing worth generating. The market table further down is live, which is the same source such an app would read.
Live, right now, on this page
| Market | Price | Funding | 24h volume |
|---|---|---|---|
| BTC | $83,210.50 | 0.0011% | $499,939,978 |
| ETH | $2,504.95 | 0.0002% | $306,673,609 |
| SOL | $107.47 | 0.0013% | $84,376,083 |
| HYPE | $81.27 | 0.0013% | $6,058,276 |
Live perpetual market data, read at render. The Solana round-trip scanner is a separate public endpoint on the same infrastructure. Read at 2026-10-13 17:43 UTC; accurate as of that time and not afterwards.
Start from a working app
Open, change it, publish your own
Commodities Delta-Neutral
funding rate arbitrage on commodity perps including gold, silver, oil and copper, hedged across venues.
Open the template
Working templates built around what this page covers. Open one, change it, and publish your own.
- Delta Neutral - Multi Dex
scans perpetual exchanges for funding rate mispricings, then opens and manages the positions.
- Stocks Delta-Neutral
funding rate arbitrage on stock perps such as AAPL, NVDA and TSLA, long one venue and short the other.
- Commodities Delta-Neutral
funding rate arbitrage on commodity perps including gold, silver, oil and copper, hedged across venues.
Common questions
Is crypto arbitrage still possible?
Price differences between venues still appear, but bots usually close them in milliseconds. A gap that is still visible by eye usually survives for a reason, such as halted withdrawals, a congested chain, a book too thin to fill, or fees that exceed the edge.
What should an arbitrage scanner tell you?
The total cost of taking the trade, not only the spread: fees on both legs, slippage on the thinner side, and whether the pool is deep enough for your size. A spread reported without those costs is a number that cannot be traded.
Can I build my own arbitrage scanner?
Yes. The templates above are working delta-neutral scanners that find funding rate mispricings across venues, one for crypto perps, one for stock perps and one for commodity perps. Start from one and change the markets, the thresholds and the costs it accounts for.
See the number itself
Pages that read a live market and show what they read, updated while you look at them.
- Zcash price, live, and the shielded pool nobody quotes, a thin, sharp book where the spread matters more than the last price.
- Dogecoin price, live, and why its supply matters, an asset with no supply cap, where funding reads as crowding rather than value.
- Funding rate arbitrage, live, the live spreads between two venues, which is this trade in one table.
- Pacifica funding rates, live, the funding rates this page is about, live and updating.
- Perp spread in basis points, live, the spread that decides whether a gap is worth taking.
- AMD stock price, live, through the tokenised share, a tokenised share against its exchange close, which is the gap this trade is about.
- Coinbase stock, live, through the tokenised share, an exchange's own share, quoted as a token on a chain, against its Nasdaq close.
- Aster price, live, and the odd position of an exchange's own token, a perpetual venue's own token, quoted on a rival venue, which is the cleanest form of this trade.
Related reading
All guides · Live market pages · Components · Make Mithril a preferred source in Google