Why is the The Index (INDEX) spread so high on some exchanges?

Coinbase and Coinbase Exchange quote another token on spot under the INDEX ticker; those markets are left out of the price. No INDEX 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 WEEX, so a transfer there cannot be checked.

Where is The Index (INDEX) cheapest to buy?

Cheapest now on LBank: $0.00535; dearest on WEEX: $0.0053755, 0.48% apart. 3 exchanges with a liquid INDEX market compared, at the mid between bid and ask.

Can I transfer The Index (INDEX) between LBank and MEXC?

Yes: withdrawals from LBank and deposits to MEXC are open now on ROBINHOOD, a withdrawal fee of 1 INDEX. The networks' status is checked every 5 minutes; every network is in the table below.

Is there an arbitrage opportunity in The Index (INDEX) right now?

Not on spot after fees: no spot route earns right now. The widest price gap is 0.48% (LBank → WEEX), and trading fees and the withdrawal eat it.

What is the The Index (INDEX) spread now?

0.48% between the cheapest (LBank) and the dearest (WEEX) exchange, before fees. No route worth taking with an open transfer right now.

The Index (INDEX) arbitrage

As of 2026-10-25 08:46 UTC, there is no INDEX route between exchanges: no pair is in profit after taker fees. The closest to profit: buy on LBank, sell on WEEX, −0.61% after fees.

Futures: no INDEX route is in profit after fees right now.

INDEX on 4 exchanges spot and 1 in futures: live routes, past spreads and how long they last.

Prices at 08:46 UTC · open routes a minute older; real time in the scanners on paid plans · How we count

Price: $0.00535500
24h volume: $182.6K
Exchanges: 5; 4 spot · 1 futures
Routes now: 0; 0 take · 0 risky
Gaps in 7 days: 9; 4 over a minute

The Index (INDEX) right now

INDEX is cheapest on LBank ($0.00535) and dearest on WEEX ($0.0053755): 0.48% apart across 3 exchanges with a liquid spot market, before fees.

Coinbase and Coinbase Exchange list other tokens on spot under the INDEX ticker: their 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 9 times, and 4 of them lasted a minute or longer; one usually closed within 1 min 54 s.

The Index (INDEX) arbitrage opportunities now

No route is profitable after fees right now.

The Index (INDEX): net spread between exchanges

Where to buy and where to sell: the net spread after taker fees at the best book prices, for every pair of exchanges with a liquid spot market. A cell in profit with an open transfer leads to the route page.

Where to buy ↓ / where to sell →, net spread after taker fees, data as of 2026-10-25 08:46 UTC
Buy ↓ / sell →	MEXC	WEEX	LBank
MEXC	—	−0.80%	−1.39%
WEEX	−1.56%	—	−1.55%
LBank	−1.21%	−0.61%	—

+0.00% ⊘ — transfer closed: withdrawal or deposit closed, no common network or different tokens under the ticker, do not count on that profit
+0.00% ✕ — the engine flags the pair as suspect (price outlier, dead book), do not count on that profit
+0.00% ! — verdict avoid
+0.00% ? — the exchanges publish no network status, whether the coins can arrive is unknown
−0.00% — not in profit after fees

The Index (INDEX) arbitrage strategy

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

The Index (INDEX) 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
MEXCINDEX/USDT	0.00532000	0.00539000	1.31%	$82.8K
WEEXINDEX/USDT	0.00535500	0.00539600	0.76%	$49.1K
LBankINDEX/USDT	0.00532300	0.00537700	1.01%	$23.3K
Coinbase ExchangeINDEX/USDanother token	0.314300	0.316800	0.79%	$19.8K
CoinbaseINDEX/USDanother token	0.314600	0.316800	0.70%	$17.9K
CoinbaseINDEX/USDCanother token	0.314600	0.316800	0.70%	$17.9K
PoloniexINDEX/USDT	0.00510000	0.00749000	37.97%	$2.00

Perpetual futures · 1

Exchange	Bid	Ask	Book spread	Funding	24h volume
GateINDEX/USDT	0.00527000	0.00537000	1.88%	0.0050%/4h	$27.4K

How often The Index (INDEX) 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	2	4	2 min 12 s
spot → spot	MEXC spot → LBank spot	1	1	3 min 30 s
spot ↔ perp	WEEX spot → Gate perp	1	1	1 min 54 s
spot ↔ perp	LBank spot → Gate perp	0	1	3.0 s
spot → spot	MEXC spot → WEEX spot	0	1	15 s
spot → spot	WEEX spot → MEXC spot	0	1	3.0 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.

Network	Exchange	Deposit	Withdraw	Withdrawal fee
ETH	Bitrue	closed	closed	0.1 INDEX
	Coinbaseethereum	n/a	n/a	—
	Coinbase Exchangeethereum	n/a	n/a	—
	Gate	closed	closed	—
	LATOKENERC20	n/a	n/a	—
ROBINHOOD	LBankrobinhood	n/a	open	1 INDEX
	MEXC	open	open	10 INDEX
	PoloniexETHROB	open	open	100 INDEX

Gaps of a minute or longer, last 7 days

When (UTC)	Market	Route	Spread	Lasted	Transfer
Oct 24, 03:09 PM	spot ↔ perp	MEXC → Gate	0.410%	2 min 12 s	—
Oct 24, 06:28 AM	spot ↔ perp	WEEX → Gate	0.619%	1 min 54 s	—
Oct 22, 09:36 PM	spot ↔ perp	MEXC → Gate	0.570%	7 min 51 s	—
Oct 18, 09:40 AM	spot → spot	MEXC → LBank	0.252%	3 min 30 s	Transfer status unknown

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

More on The Index (INDEX)

INDEX trades on: MEXC, WEEX, Gate, LBank, Poloniex

FAQ

Why is the The Index (INDEX) spread so high on some exchanges?: Coinbase and Coinbase Exchange quote another token on spot under the INDEX ticker; those markets are left out of the price. No INDEX 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 WEEX, so a transfer there cannot be checked.
Where is The Index (INDEX) cheapest to buy?: Cheapest now on LBank: $0.00535; dearest on WEEX: $0.0053755, 0.48% apart. 3 exchanges with a liquid INDEX market compared, at the mid between bid and ask.
Can I transfer The Index (INDEX) between LBank and MEXC?: Yes: withdrawals from LBank and deposits to MEXC are open now on ROBINHOOD, a withdrawal fee of 1 INDEX. The networks' status is checked every 5 minutes; every network is in the table below.
Is there an arbitrage opportunity in The Index (INDEX) right now?: Not on spot after fees: no spot route earns right now. The widest price gap is 0.48% (LBank → WEEX), and trading fees and the withdrawal eat it.
What is the The Index (INDEX) spread now?: 0.48% between the cheapest (LBank) and the dearest (WEEX) exchange, before fees. No route worth taking with an open transfer right now.