COW: Bybit ↔ Astar DEX arbitrage

COW arbitrage between Bybit and Astar DEX: we compare the price of COW on Bybit (futures) and Astar DEX (futures) 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.

About Cow

CrashiusClay69 created a meme, and this project is the tokenization of that meme. I'm the COW of meme coins. Certified Objective Winner. Cows are incredible because they give us 2 of the best foods on the planet: milk and steak. Which means I love Cows. This means I like myself since I’m a cow 🐄 The cash cow of crypto. A meme born from Crash, developed by the community. This project is run by a community team.

Meme, Base Ecosystem, Base Meme

Open interest in COW right now — $8.9M: Binance $3.3M, BingX $2.6M, Bybit $1.8M, KuCoin $725.5K, Bitget $481.7K. See OI COW.

About COW arbitrage

How do I read the COW spread?

The spread is how many percent higher COW 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 Bybit and Astar DEX. 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 COW alerts?

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