GROVE arbitrage between Bybit and Coinbase: we compare the price of GROVE on Bybit (spot) and Coinbase (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 Grove

Grove is capitalizing the stablecoin economy. Through institutional-grade allocation, financing, and liquidity solutions, Grove brings real-world assets and real-world use cases onchain to build the next generation of global financial markets. Traditional finance and onchain finance have been operating as separate systems, and capital in one has been unable to reach opportunities in the other. Grove is the credit infrastructure protocol connecting the two.

Decentralized Finance (DeFi), Lending/Borrowing Protocols, Ethereum Ecosystem, Governance

GROVE: Bybit — deposit open, withdrawal open; Coinbase — deposit open, withdrawal open.

About GROVE arbitrage

How do I read the GROVE spread?

The spread is how many percent higher GROVE 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 Coinbase. 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 GROVE alerts?

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