ONE arbitrage between Binance and Gate: we compare the price of ONE on Binance (futures) and Gate (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 One

“ONE” is BigONE’s new platform token, issued at total number of 20 billion, and will be locked until mined, and gradually released through an innovative “Trade-Mining” Mechanism. ONE holders will receive 100 percent of trading fee on BigONE’s platform. ONE is divided into two parts: Community-owned 51% of all ONEs belong to community. The total amount is 10.2 billion. Once mined/released, these ONE tokens can circulate on BigONE. BIG token holders owned 49% of all ONEs belong to existing BIG token holders. Total amount of this part is 9.8 billion ONEs, and will be released at the same rate as the community-owned part in proportion. These ONEs will be airdropped to all BIG token holders every day. However, these ONEs airdropped to BIG holders will be frozen till June 21st, 2022 UTC+8, and cannot be circulated on the BigONE trading platform or other platforms during this period.…

Exchange-based Tokens, BNB Chain Ecosystem, Centralized Exchange (CEX) Token, Ethereum Ecosystem

Over the past 24 hours the spread between Binance and Gate stayed between 4.73% and 6.81%, median 6.10% across 232 samples (spot to spot).

ONE: Binance — deposit closed, withdrawal closed; Gate — deposit closed, withdrawal closed.

Open interest in ONE right now — $8.5M: Binance $3.7M, KuCoin $2.7M, BingX $1.1M, Bitget $510.6K, OKX $483.9K. See OI ONE.

About ONE arbitrage

How do I read the ONE spread?

The spread is how many percent higher ONE 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 Binance and Gate. 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 ONE alerts?

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