FHE arbitrage opportunities

FHE is cheapest to buy on LBank · spot at 0.01741 and dearest to sell on Binance at 0.01752 right now — a +0.632% gap before fees; the scanner sees 45 live pairings.

Buy at
LBank · spot
0.01741
Sell at
Binance
0.01752
Spread · USDT
+0.632%

Prices by exchange

live
ExchangeMarketPairPricevs averageBidAsk
AsterperpFHE/USDT0.01749+0.075%0.017480.01757
BinanceperpFHE/USDT0.01752+0.228%0.017520.01753
BingXspotFHE/USDT0.01748-0.001%0.017450.01749
BingXperpFHE/USDT0.01750+0.113%0.017500.01753
BitgetspotFHE/USDT0.01747-0.058%0.017450.01748
BybitspotFHE/USDT0.01746-0.116%0.017480.01753
BybitperpFHE/USDT0.01748-0.001%0.017490.01751
GatespotFHE/USDT0.01745-0.173%0.017460.01749
GatemarginFHE/USDT0.01745-0.173%0.017460.01749
GateperpFHE/USDT0.01746-0.116%0.017490.01753
KuCoinperpFHE/USDT0.01748-0.001%0.017500.01752
LBankspotFHE/USDT0.01745-0.173%0.017350.01741
LBankperpFHE/USDT0.01752+0.228%0.017520.01753
MEXCspotFHE/USDT0.01748-0.001%0.017470.01750
MEXCperpFHE/USDT0.01751+0.170%0.017520.01754

Perp vs spot

ExchangePairperpspotPerp vs spot
BingXFHE/USDT0.017500.01748+0.114%
BybitFHE/USDT0.017480.01746+0.115%
GateFHE/USDT0.017460.01745+0.057%
LBankFHE/USDT0.017520.01745+0.401%
MEXCFHE/USDT0.017510.01748+0.172%

Top pairings for FHE

LongShortKindSpreadFunding / 24h
LBank spot 0.01745Binance perp 0.01752spot-perp+0.460%+0.030%Open in scanner
LBank spot 0.01745MEXC perp 0.01751spot-perp+0.460%+0.030%Open in scanner
LBank spot 0.01745BingX perp 0.01750spot-perp+0.402%+0.030%Open in scanner
LBank spot 0.01745LBank perp 0.01752spot-perp+0.402%+0.030%Open in scanner
LBank spot 0.01745Aster perp 0.01749spot-perp+0.345%+0.030%Open in scanner

45 pairings in the scanner

See every pairing live

The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.

Open the scanner

Below are the venues the scanner watches for FHE, each against the average of them all, and the perpetual’s premium over spot where one exchange quotes both. The best buy and the best sell are picked among venues in one quote currency.

A gap at the touch is not what you get: the book under it, the fees of both legs and the time to move funds eat into it. The pairings the scanner ranks are measured through the book at a given size and after fees — that is the net spread, and that is what to compare.

The first pairings are shown here as they stand right now; the whole list with filters, alerts and the journal is in the scanner.

FAQ

Why is FHE priced differently on each exchange?

Every exchange is its own market with its own buyers and sellers; prices converge through arbitrage, not by decree, so a gap is always there and never exactly zero.

Is the best spread shown here what I would get?

No — it is the gap at the touch before fees. The scanner measures each pairing through the order book at your size and after both legs’ fees.

How fresh are these numbers?

The page is rendered from the scanner’s own data and refreshed in the browser every couple of seconds, the same freshness the scanner has.

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