CSPR arbitrage between KuCoin and Kraken: we compare the price of CSPR on KuCoin (spot) and Kraken (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.

About Casper Network

Casper is a Proof-of-Stake Layer-1 blockchain designed to bring real-world assets on-chain. Launched on mainnet in March 2021, Casper provides infrastructure for tokenized assets, featuring upgradable smart contracts, protocol-level access control, and native support for multiple virtual machines (VMs). The network runs on Zug Consensus, a deterministic protocol offering instant finality that is crucial for financial transactions, regulated assets, and enterprise workflows. Casper is also among the first Layer-1 networks to support multiple VMs running in parallel, allowing applications with different technical needs to operate natively on the same chain without relying on rollups or Layer-2 solutions. Offering a familiar and modern development environment, Casper prioritizes developer accessibility.…

Smart Contract Platform, Layer 1 (L1), Real World Assets (RWA), Proof of Stake (PoS)

Over the past 24 hours the spread between KuCoin and Kraken stayed between 0.53% and 7.90%, median 1.61% across 56 samples (futures to spot (basis)).

CSPR: KuCoin — deposit open, withdrawal open.

About CSPR arbitrage

How do I read the CSPR spread?

The spread is how many percent higher CSPR 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 KuCoin and Kraken. 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 CSPR alerts?

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