FIDA arbitrage between Astar DEX and Binance: we compare the price of FIDA on Astar DEX (futures) and Binance (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 Bonfida

Bonfida is known as the top infrastructure developer on Solana. This accolade has been earned from their contributions to the ecosystem by providing services and products that allow for the wider ecosystem to flourish. Their contributions to the ecosystem include creating a new Serum Core engine, the Asset Agnostic Orderbook (AOB), simplifying the way users transact on Solana, and the first perpetual swap on Solana, Audaces, to name a few. As a result of these, their developers are highly respected within the Solana ecosystem.

Big Data, Infrastructure, Decentralized Finance (DeFi), Solana Ecosystem

FIDA: Binance — deposit open, withdrawal open.

Open interest in FIDA right now — $3.3M: Binance $1.2M, BingX $1.1M, Bybit $630.5K, Bitget $411.0K. See OI FIDA.

About FIDA arbitrage

How do I read the FIDA spread?

The spread is how many percent higher FIDA 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 Astar DEX and Binance. 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 FIDA alerts?

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