LUNA: Bybit ↔ OKX arbitrage

LUNA arbitrage between Bybit and OKX: we compare the price of LUNA on Bybit (spot) and OKX (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.

LUNA: Bybit — deposit open, withdrawal open; OKX — deposit open, withdrawal open.

Open interest in LUNA right now — $3.3M: KuCoin $1.0M, BingX $986.5K, OKX $694.0K, Bitget $590.7K. See OI LUNA.

News about LUNA

• SEC faces Aug. 20 deadline to unlock $123 million recovery fund for Terra investors
• Perplexity Computer integrates GPT-5.6 Terra and Luna models, reshaping the AI agent economy

About LUNA arbitrage

How do I read the LUNA spread?

The spread is how many percent higher LUNA 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 OKX. 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 LUNA alerts?

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