BAT: Binance ↔ Coinbase arbitrage

BAT arbitrage between Binance and Coinbase: we compare the price of BAT on Binance (futures) 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.

BAT: Binance — deposit open, withdrawal open; Coinbase — deposit open, withdrawal open.

Open interest in BAT right now — $5.5M: Binance $2.1M, BingX $1.1M, Bybit $1.0M, Bitget $465.8K, OKX $437.2K. See OI BAT.

About BAT arbitrage

How do I read the BAT spread?

The spread is how many percent higher BAT 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 Binance 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 BAT alerts?

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