ORCA arbitrage between HTX and Onchain DEX: we compare the price of ORCA on HTX (spot) and Onchain DEX (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.

Open interest in ORCA right now — $7.5M: Binance $2.3M, BingX $2.1M, KuCoin $1.4M, Bybit $1.1M, Bitget $502.9K. 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 Onchain DEX. 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.