ORCA arbitrage between HTX and Coinbase: we compare the price of ORCA on HTX (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 Orca

Orca is the most user-friendly DEX on Solana. Orca is one of the first general-purpose AMMs launched on Solana. Users can swap assets, provide liquidity, and earn yield through an easy-to-use interface. Projects can use Orca as a money-lego to easily integrate swapping, farming, or on-chain data into their dApp. Orca strives to provide easy and effective financial tools for everyone, bringing DeFi to the masses.

Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Yield Farming

ORCA: HTX — deposit open, withdrawal open; Coinbase — deposit open, withdrawal open.

Open interest in ORCA right now — $7.7M: Binance $2.3M, BingX $2.2M, KuCoin $1.4M, Bybit $1.2M, Bitget $506.6K. See OI ORCA.

About ORCA arbitrage

How do I read the ORCA spread?

The spread is how many percent higher ORCA 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 HTX 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 ORCA alerts?

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