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PUFFER arbitrage

PUFFER on 13 exchanges spot and 2 in futures: live routes, past spreads and how long they last.

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

Price
$0.029000
24h volume
$4.7M
Exchanges
13
13 spot · 2 futures
Routes now
0
0 take · 0 risky
Gaps in 7 days
1,402
321 over a minute

PUFFER right now

PUFFER is cheapest on Bitget ($0.02894) and dearest on Bybit ($0.029025): 0.29% apart across 6 exchanges with a liquid spot market, before fees.

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

Over 7 days a spread in profit opened 1,402 times, and 321 of them lasted a minute or longer; one usually closed within 6.0 s.

Funding per 8 hours runs from −0.0999% on Bybit to −0.0998% on MEXC, across 2 exchanges (outliers, markets under $50k a day and exchanges publishing no volume left out).

PUFFER arbitrage opportunities now

No route is profitable after fees right now.

PUFFER arbitrage strategy

No PUFFER route worth taking with an open transfer right now. Gaps of a minute or longer open several times a week, though — here is how to catch the next one:

  1. Watch HTX → Gate: the spread opened there 212 times in 7 days, 28 of them for a minute or longer; it usually lasts 6.0 s.
  2. The transfer is ready: PUFFER moves from HTX to Gate on ETH, withdrawal fee 56.1 PUFFER. Keep USDT on HTX and PUFFER on Gate so you do not wait for it.
  3. Set an alert on the route: you hear when the spread pays after fees. Then buy on HTX and sell on Gate.

The route and its alert →

PUFFER price on every exchange

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

Spot · 13

ExchangeBidAskBook spread24h volume
HTXPUFFER/USDT0.0289000.0316008.93%$1.2M
GatePUFFER/USDT0.0289800.0290300.17%$292.3K
BybitPUFFER/USDT0.0290000.0290500.17%$161.6K
BitruePUFFER/USDT0.0288000.0291001.04%$155.1K
BitgetPUFFER/USDT0.0288400.0290400.69%$92K
MEXCPUFFER/USDT0.0289000.0290000.35%$74.5K
LBankPUFFER/USDT0.0289500.0290500.34%$31.2K
KrakenPUFFER/USD0.0286290.0292922.29%$3,956
WEEXPUFFER/USDT0.0289300.0289900.21%$3,632
KuCoinPUFFER/USDT0.0287100.0296003.05%$1,741
BTSEPUFFER/USDT0.0289570.0289770.07%$217
UpbitPUFFER/USDT0.0290000.0315908.55%$103

Perpetual futures · 2

ExchangeBidAskBook spreadFunding24h volume
BybitPUFFER/USDT0.0289000.0289100.03%−0.0999%/8h$2.5M
MEXCPUFFER/USDT0.0289000.0289100.03%−0.0998%/8h$114.3K

How often PUFFER 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.

MarketRouteOver a minuteGapsMedian lifetime
spot ↔ perpLBank spot → MEXC perp1021661 min 36 s
perp ↔ perpMEXC perp → Bybit perp321633.0 s
spot → spotHTX spot → Gate spot282126.0 s
perp ↔ perpBybit perp → MEXC perp271486.0 s
spot → spotGate spot → Bybit spot259612 s
spot → spotGate spot → Bitget spot114612 s
spot ↔ perpMEXC spot → MEXC perp102315 s
spot → spotHTX spot → Bitget spot8326.0 s
spot → spotHTX spot → Bybit spot8306.0 s
spot → spotBitget spot → Gate spot7439.0 s
spot → spotHTX spot → Bitrue spot6766.0 s
spot → spotBybit spot → Gate spot6586.0 s
spot → spotHTX spot → WEEX spot6189.0 s
spot → spotGate spot → HTX spot5256.0 s
spot ↔ perpHTX spot → MEXC perp4576.0 s
spot → spotHTX spot → KuCoin spot3186.0 s
spot → spotBitrue spot → HTX spot3126.0 s
spot → spotWEEX spot → Bybit spot3724 s
spot → spotBybit spot → WEEX spot362 min 44 s
spot → spotGate spot → Bitrue spot2219.0 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.

NetworkExchangeDepositWithdrawWithdrawal fee
ETHBitgetERC20openn/a65.21 PUFFER
Bitrueopenopen25 PUFFER
Bitvavoopenopen37 PUFFER
BTSEERC20openopen19.81 PUFFER
Bybitopenopen10 PUFFER
Gateopenopen—
HTXpufferopenopen56.1 PUFFER
KuCoinethopenopen21 PUFFER
LBankerc20n/aopen32.14 PUFFER
MEXCopenopen22 PUFFER
Phemexn/an/a—
Poloniexopenopen26.02 PUFFER

Gaps of a minute or longer, last 7 days

When (UTC)MarketRouteSpreadLastedTransfer
Oct 25, 12:21 AMspot → spotBitrue → HTX3.756%1 min 06 sETH
Oct 25, 12:21 AMspot → spotGate → HTX4.113%1 min 33 sETH
Oct 25, 12:20 AMperp ↔ perpBybit → MEXC0.691%3 min 03 s—
Oct 25, 12:02 AMperp ↔ perpBybit → MEXC0.299%1 min 18 s—
Oct 24, 11:56 PMperp ↔ perpBybit → MEXC0.160%1 min 30 s—
Oct 24, 11:54 PMspot → spotGate → Bybit0.774%2 min 30 sETH
Oct 24, 11:54 PMspot ↔ perpLBank → MEXC1.028%1 min 09 s—
Oct 24, 11:14 PMspot ↔ perpLBank → MEXC0.119%2 min 15 s—
Oct 24, 09:38 PMspot → spotGate → HTX0.623%1 min 15 sETH
Oct 24, 05:27 PMspot ↔ perpLBank → MEXC0.289%5 min 30 s—
Oct 24, 05:05 PMspot ↔ perpLBank → MEXC0.191%3 min 15 s—
Oct 24, 04:16 PMspot ↔ perpLBank → MEXC0.497%6 min 03 s—
Oct 24, 04:04 PMspot → spotGate → HTX0.404%6 min 12 sETH
Oct 24, 04:00 PMspot ↔ perpLBank → MEXC0.163%3 min 00 s—
Oct 24, 03:46 PMspot → spotBitrue → HTX0.712%10 min 48 sETH
Oct 24, 03:46 PMspot → spotGate → HTX0.917%14 min 27 sETH
Oct 24, 02:20 PMspot ↔ perpBitget → MEXC0.195%2 min 15 s—
Oct 24, 02:18 PMspot ↔ perpLBank → MEXC0.668%5 min 27 s—
Oct 24, 02:15 PMspot → spotBitget → Gate0.138%6 min 31 sTransfer status unknown
Oct 24, 02:11 PMspot ↔ perpBitget → MEXC0.128%4 min 00 s—
Oct 24, 12:20 PMspot ↔ perpLBank → MEXC0.259%4 min 00 s—
Oct 24, 11:59 AMspot ↔ perpLBank → MEXC0.328%3 min 33 s—
Oct 24, 11:25 AMperp ↔ perpBybit → MEXC0.205%1 min 51 s—
Oct 24, 11:04 AMspot ↔ perpLBank → MEXC0.188%3 min 21 s—
Oct 24, 10:28 AMspot ↔ perpLBank → MEXC0.384%2 min 03 s—
Oct 24, 10:19 AMspot ↔ perpLBank → MEXC0.492%2 min 39 s—
Oct 24, 09:49 AMspot ↔ perpLBank → MEXC0.221%2 min 27 s—
Oct 24, 07:37 AMspot ↔ perpMEXC → MEXC0.148%3 min 21 s—
Oct 24, 05:26 AMspot ↔ perpLBank → MEXC0.109%1 min 39 s—
Oct 24, 04:36 AMspot ↔ perpLBank → MEXC0.137%1 min 45 s—
Oct 24, 04:05 AMspot ↔ perpLBank → MEXC0.137%3 min 03 s—
Oct 24, 03:52 AMspot ↔ perpLBank → MEXC0.327%1 min 00 s—
Oct 24, 03:00 AMspot ↔ perpLBank → MEXC0.262%5 min 24 s—
Oct 24, 02:46 AMspot ↔ perpLBank → MEXC0.358%2 min 12 s—
Oct 24, 01:43 AMspot ↔ perpLBank → MEXC0.164%5 min 06 s—
Oct 24, 12:37 AMspot → spotBybit → Gate0.291%1 min 36 sETH
Oct 24, 12:22 AMperp ↔ perpBybit → MEXC0.233%1 min 06 s—
Oct 24, 12:17 AMperp ↔ perpMEXC → Bybit0.110%3 min 03 s—
Oct 24, 12:16 AMperp ↔ perpBybit → MEXC1.718%2 min 24 s—
Oct 24, 12:16 AMspot ↔ perpBybit → MEXC0.138%1 min 30 s—
Oct 24, 12:14 AMspot → spotBybit → Gate0.666%3 min 30 sETH
Oct 24, 12:13 AMspot ↔ perpLBank → MEXC1.034%3 min 57 s—
Oct 24, 12:09 AMperp ↔ perpMEXC → Bybit0.423%1 min 30 s—
Oct 24, 12:06 AMspot ↔ perpLBank → MEXC1.004%5 min 03 s—
Oct 24, 12:03 AMspot → spotBybit → Gate0.947%4 min 15 sETH
Oct 24, 12:02 AMspot → spotHTX → Gate1.600%1 min 12 spuffer
Oct 24, 12:02 AMspot → spotHTX → Bitrue0.848%1 min 39 spuffer
Oct 24, 12:01 AMspot ↔ perpMEXC → MEXC0.159%1 min 48 s—
Oct 24, 12:01 AMspot ↔ perpGate → Bybit1.093%1 min 48 s—
Oct 24, 12:00 AMspot → spotGate → Bitrue0.491%3 min 33 sETH

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

More on PUFFER

PUFFER funding rates by exchange →

PUFFER trades on: Bybit, HTX, Gate, MEXC, Bitrue, Bitget, LBank, Kraken, WEEX, KuCoin, BTSE, Upbit and 1 more

FAQ

Why is the PUFFER spread so high on some exchanges?

No PUFFER route is in profit after fees now; a wide gap usually means a thin book, closed withdrawals or another token under the ticker. We have no network status from Kraken, WEEX and Upbit, so a transfer there cannot be checked.

Where is PUFFER cheapest to buy?

Cheapest now on Bitget: $0.02894; dearest on Bybit: $0.029025, 0.29% apart. 6 exchanges with a liquid PUFFER market compared, at the mid between bid and ask.

Can I transfer PUFFER between Bitget and Bybit?

Unknown: one of the exchanges does not publish PUFFER withdrawal and deposit status by network. Check on Bitget and Bybit before a transfer.

Is there an arbitrage opportunity in PUFFER right now?

Not on spot after fees: no spot route earns right now. The widest price gap is 0.29% (Bitget → Bybit), and trading fees and the withdrawal eat it. In 7 days, gaps of a minute or longer opened most often between HTX and Gate: 28 times.

What is the PUFFER spread now?

0.29% between the cheapest (Bitget) and the dearest (Bybit) exchange, before fees. No route worth taking with an open transfer right now.