Why is the PAIR spread so high on some exchanges?

Hyperliquid quotes another token on spot under the PAIR ticker; those markets are left out of the price. No route is worth a look right now; the engine's commonest warnings: profit under $1; low 24h volume. We have no network status from WEEX, so a transfer there cannot be checked.

Where is PAIR cheapest to buy?

Cheapest now on WEEX: $0.0012815; dearest on LBank: $0.00133, 3.78% apart. 3 exchanges with a liquid PAIR market compared, at the mid between bid and ask.

Can I transfer PAIR between MEXC and LBank?

Unknown: one of the exchanges does not publish PAIR withdrawal and deposit status by network. Check on MEXC and LBank before a transfer.

Is there an arbitrage opportunity in PAIR right now?

On spot, yes, but none worth taking: 1 spot route earns after fees, and the engine marks each "avoid": profit under $1; low 24h volume.

What is the PAIR spread now?

3.78% between the cheapest (WEEX) and the dearest (LBank) exchange, before fees. No route worth taking with an open transfer right now.

PAIR arbitrage

PAIR on 4 exchanges spot and 2 in futures: live routes, past spreads and how long they last.

Prices at 22:58 UTC · open routes a minute older; real time in the scanners on paid plans · How we count

Price: $0.00132750
24h volume: $260.2K
Exchanges: 6; 4 spot · 2 futures
Routes now: 0; 0 take · 0 risky
Gaps in 7 days: 12; 7 over a minute

PAIR right now

PAIR is cheapest on WEEX ($0.0012815) and dearest on LBank ($0.00133): 3.78% apart across 3 exchanges with a liquid spot market, before fees.

Hyperliquid lists another token on spot under the PAIR ticker: its spot is left out of the price and the spot exchange count (perps are counted on their own).

No route in profit after fees is worth a look right now.

Over 7 days a spread in profit opened 12 times, and 7 of them lasted a minute or longer; one usually closed within 1 min 12 s.

PAIR arbitrage opportunities now

Spot → spot, with a transfer

Route	Spread	Size at best price	Transfer	Verdict
WEEX → MEXC	2.414%	$6.67	WEEX does not publish network status	Avoid

PAIR arbitrage strategy

No PAIR route worth taking with an open transfer right now. Fresh routes are in the scanner.

PAIR price on every exchange

Refreshed every 10 seconds. The best buy and sell prices are highlighted.

Spot · 4

Exchange	Bid	Ask	Book spread	24h volume
WEEXPAIR/USDT	0.00127600	0.00128700	0.86%	$85.1K
MEXCPAIR/USDT	0.00132000	0.00133500	1.13%	$74.5K
LBankPAIR/USDT	0.00132800	0.00133200	0.30%	$21.6K
HyperliquidPAIR/USDCanother token	0.030198	0.030400	0.67%	$11.3K
PoloniexPAIR/USDT	0.0000500000	0.00564000	196.49%	$0.01

Perpetual futures · 2

Exchange	Bid	Ask	Book spread	Funding	24h volume
GatePAIR/USDT	0.00133000	0.00134000	0.75%	0.0050%/4h	$74.3K
AsterPAIR/USDT	0.00133000	0.00137000	2.96%	0.0013%/1h	$4,643

How often PAIR spreads open

Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.

Market	Route	Over a minute	Gaps	Median lifetime
spot ↔ perp	MEXC spot → Gate perp	5	8	1 min 50 s
spot → spot	MEXC spot → LBank spot	2	2	12 min 33 s
spot ↔ perp	MEXC spot → Aster perp	0	1	12 s
perp ↔ perp	Gate perp → Aster perp	0	1	36 s

Networks, deposits and withdrawals

Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.

Network	Exchange	Deposit	Withdraw	Withdrawal fee
ETH	Gate	closed	closed	—
ROBINHOOD	LBankrobinhood	n/a	open	1 PAIR
	MEXC	open	open	10 PAIR
	PoloniexETHROB	open	open	90 PAIR

Gaps of a minute or longer, last 7 days

When (UTC)	Market	Route	Spread	Lasted	Transfer
Oct 23, 04:37 PM	spot ↔ perp	MEXC → Gate	0.623%	4 min 33 s	—
Oct 23, 09:20 AM	spot ↔ perp	MEXC → Gate	0.172%	2 min 03 s	—
Oct 23, 06:39 AM	spot ↔ perp	MEXC → Gate	1.185%	1 min 12 s	—
Oct 22, 10:44 PM	spot ↔ perp	MEXC → Gate	1.035%	5 min 24 s	—
Oct 22, 09:50 PM	spot ↔ perp	MEXC → Gate	0.515%	1 min 51 s	—
Oct 21, 06:53 AM	spot → spot	MEXC → LBank	0.387%	1 min 57 s	Transfer status unknown
Oct 18, 04:43 AM	spot → spot	MEXC → LBank	0.310%	12 min 33 s	Transfer status unknown

Spread at the peak after taker fees. Lifetime is measured to about 3 s.

FAQ

Why is the PAIR spread so high on some exchanges?: Hyperliquid quotes another token on spot under the PAIR ticker; those markets are left out of the price. No route is worth a look right now; the engine's commonest warnings: profit under $1; low 24h volume. We have no network status from WEEX, so a transfer there cannot be checked.
Where is PAIR cheapest to buy?: Cheapest now on WEEX: $0.0012815; dearest on LBank: $0.00133, 3.78% apart. 3 exchanges with a liquid PAIR market compared, at the mid between bid and ask.
Can I transfer PAIR between MEXC and LBank?: Unknown: one of the exchanges does not publish PAIR withdrawal and deposit status by network. Check on MEXC and LBank before a transfer.
Is there an arbitrage opportunity in PAIR right now?: On spot, yes, but none worth taking: 1 spot route earns after fees, and the engine marks each "avoid": profit under $1; low 24h volume.
What is the PAIR spread now?: 3.78% between the cheapest (WEEX) and the dearest (LBank) exchange, before fees. No route worth taking with an open transfer right now.