NIGHT arbitrage between OKX and Kraken: we compare the price of NIGHT on OKX (spot) and Kraken (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 Midnight

Midnight is a privacy-first blockchain that blends public verifiability with confidential data handling. You can use Midnight's selective disclosure and ZK proofs to build apps.

BNB Chain Ecosystem, Layer 1 (L1), Cardano Ecosystem, Zero Knowledge (ZK)

NIGHT: OKX — deposit open, withdrawal open.

Open interest in NIGHT right now — $12.8M: Binance $4.6M, BingX $3.4M, KuCoin $1.7M, Bybit $1.3M, OKX $1.3M. See OI NIGHT.

About NIGHT arbitrage

How do I read the NIGHT spread?

The spread is how many percent higher NIGHT 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 OKX and Kraken. 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 NIGHT alerts?

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