ALICE arbitrage between HTX and Coinbase: we compare the price of ALICE on HTX (spot) and Coinbase (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; Coinbase — deposit open, withdrawal open.

Open interest in ALICE right now — $7.5M: Binance $2.9M, KuCoin $1.6M, BingX $1.2M, Bitget $936.9K, Bybit $922.0K. 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 Coinbase. 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.