DODO arbitrage between Binance and KuCoin: we compare the price of DODO on Binance (spot) and KuCoin (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 DODO

DODO is a Decentralized Exchange (DEX) running on Ethereum and Binance Smart Chain.  Developed by the DODO team, Proactive Market Maker (PMM) is an oracle-aided algorithm with an advanced pricing formula that provides contract-fillable liquidity. Traders get lower slippage with PMM than Automated Market Maker (AMM). PMM leverages price oracles to retrieve accurate market prices of assets as input. It then aims to provide sufficient liquidity near the market price for every asset. The result is that liquidity decreases rapidly when far away from the market price. The following graphs compare the price curves of DODO (PMM) and Uniswap (AMM).

Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), BNB Chain Ecosystem

Over the past 24 hours the spread between Binance and KuCoin stayed between 0.50% and 1.38%, median 0.82% across 62 samples (spot to spot).

DODO: Binance — deposit open, withdrawal open; KuCoin — deposit open, withdrawal open.

About DODO arbitrage

How do I read the DODO spread?

The spread is how many percent higher DODO 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 KuCoin. 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 DODO alerts?

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