The Arbitrage section has two search modes, switched at the top of the page: Current and Daily. They answer different questions — one is a snapshot in time, the other is a pattern over a whole day.
Current — the spread right now
Current mode shows the live cross-exchange spread for each coin at this moment: where it’s cheapest to buy, where it’s dearest to sell, and the profit of each trade variant (spot-spot, spot-perp, perp-perp) at your capital, after fees and order-book slippage. Prices and spreads refresh every ~30 seconds.
Use it when you want to act now: you see a spread that exists this second and can take a one-shot trade. The min/max spread filter narrows the list; the upper bound also trims suspiciously large spreads, which are more often ticker collisions than real arbitrage.
- Buy / sell exchanges and the live spread — the nominal one (from last prices) plus the executable top-of-book spread.
- Profit for each variant at your capital, including the real spread after walking the order book.
- Order-book depth, funding rates, and the networks available for the spot-spot transfer.
A current spread is a snapshot — it can close before you fill, especially on a thin book. Check the depth and the executable spread, not just the headline number.
Daily — the 24-hour pattern
Daily mode looks at the last 24 hours of a pair’s spread and counts convergences: how many times the spread diverged past a threshold and then came back (crossed zero). It is built from hourly snapshots for the liquid, curated set of coins; other pairs can be computed on demand.
The key number is convergences: how many times over 24 hours the spread diverged past the threshold and came back (crossed zero). You set the threshold (minimum spread) and the minimum number of convergences in the search form. A pair whose spread regularly opens and closes is a candidate for the arbitrage bot / mean-reversion: you enter when it diverges and exit when it converges — repeatedly, not once. The chart shows the signed spread over the day with the zero line in the centre and your chosen threshold dashed.
Use it to evaluate a pair for recurring trading: a big spread that never converges is useless (and risky — see the risk score), while a smaller spread that converges many times a day can be traded again and again.
- The number of convergences over the last 24h, for the threshold you set in the form.
- The 24h signed-spread chart (zero line centred, the chosen threshold dashed).
- The same trade variants plus an arbitrage-bot forecast for the pair.
Which to use
- One-shot trade, act now → Current.
- Repeatable / bot trading, see how often a spread actually closes → Daily.
The two are complementary: find a recurring opportunity in Daily, then switch to Current to time the entry.