DEEP arbitrage between Gate and Bybit: we compare the price of DEEP on Gate (spot) and Bybit (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 DeepBook

DeepBook was built from the ground up to power the Sui ecosystem with unparalleled liquidity. From its inception, it has provided developers with reliable, composable on-chain applications, and enabled market makers and liquidity pools to operate seamlessly within the blockchain world. As a community-driven public good, DeepBook has integrated with top DEXs and aggregators since Sui's mainnet launch, enhancing dApps with efficient, censorship-free liquidity. This synergy of orderbook efficiency and blockchain transparency positions DeepBook as the premier liquidity venue in web3.

Infrastructure, Decentralized Finance (DeFi), Sui Ecosystem

DEEP: Gate — deposit open, withdrawal open; Bybit — deposit open, withdrawal open.

Open interest in DEEP right now — $6.5M: Bybit $2.0M, KuCoin $1.9M, BingX $1.1M, Binance $1.1M, Bitget $445.5K. See OI DEEP.

About DEEP arbitrage

How do I read the DEEP spread?

The spread is how many percent higher DEEP 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 Gate and Bybit. 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 DEEP alerts?

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