DEXE arbitrage between KuCoin and Kraken: we compare the price of DEXE on KuCoin (spot) and Kraken (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 DeXe

1. Using the DeXe Utility token in the ecosystem: 1.1 Programmed redemption and burning of tokens for a certain % of the traders’ compensation. 1.2 Control over DeXe treasury better. One of the DeXe functionality includes farming rewards with DeXe.network from social trading activity. 1.3 Use of the token by the holders for casting a ballot and settling on choices regarding: a. The timespan and adjustment of the percentage of tokens burned. b. Effect on the number of remunerations got for farming (increase or decline the percent of accrual) c. Voting for the date of burning tokens and ascertaining the reward for farming (details below). 1.4 Work of the system for insuring users’ deposits by staking tokens on DEX.

Decentralized Finance (DeFi), BNB Chain Ecosystem, Ethereum Ecosystem

DEXE: KuCoin — deposit open, withdrawal open.

Open interest in DEXE right now — $17.9M: Binance $9.6M, Bitget $3.5M, Bybit $3.3M, BingX $1.6M. See OI DEXE.

About DEXE arbitrage

How do I read the DEXE spread?

The spread is how many percent higher DEXE 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 DEXE alerts?

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