ALICE: HTX ↔ BingX arbitrage

ALICE arbitrage between HTX and BingX: we compare the price of ALICE on HTX (spot) and BingX (spot) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

ALICE: HTX — deposit open, withdrawal open; BingX — deposit open, withdrawal open.

Open interest in ALICE right now — $5.1M: Binance $1.9M, BingX $1.0M, Bitget $808.8K, KuCoin $716.2K, Bybit $580.0K. See OI ALICE.

About ALICE arbitrage

How do I read the ALICE spread?

The spread is how many percent higher ALICE trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on HTX and BingX. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get ALICE alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.