GPS arbitrage between Bybit and Astar DEX: we compare the price of GPS on Bybit (futures) and Astar DEX (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 GoPlus Security

GoPlus is revolutionizing Web3 user security through its permissionless and user-driven User Security Network, which provides comprehensive protection across the entire user transaction lifecycle. GoPlus aims to create a more secure and user-friendly Web3 on-chain interaction environment by filling the gap of the security layer in the current blockchain's architecture, providing users with more effective and better-experienced on-chain security protection.

BNB Chain Ecosystem, Base Ecosystem, Cybersecurity, YZi Labs (Prev. Binance Labs) Portfolio

Over the past 24 hours the spread between Bybit and Astar DEX stayed between 0.21% and 1.03%, median 0.34% across 20 samples (futures to DEX).

GPS: Bybit — deposit open, withdrawal open.

Open interest in GPS right now — $25.9M: Binance $11.9M, KuCoin $3.9M, Bybit $3.9M, BingX $2.6M, OKX $2.2M. See OI GPS.

About GPS arbitrage

How do I read the GPS spread?

The spread is how many percent higher GPS 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 Bybit and Astar DEX. 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 GPS alerts?

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