PORTAL: Bybit ↔ Bybit arbitrage

PORTAL arbitrage between Bybit and Bybit: we compare the price of PORTAL on Bybit (futures) and Bybit (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 Portal

Onboarding the first billion gamers into Web3.

Gaming (GameFi), Solana Ecosystem, Ethereum Ecosystem, Base Ecosystem

Open interest in PORTAL right now — $6.2M: Binance $2.9M, Bybit $1.3M, BingX $1.1M, KuCoin $878.3K. See OI PORTAL.

News about PORTAL

• AscendEX pushes for insolvency and rescue deals as claim portal to launch September 5
• Pakistan opens virtual asset licensing portal, crypto firms face September deadline
• Pakistan opens crypto licensing portal, firms must apply by September 5
• Pakistan opens crypto licensing portal, sets Sept. 5 deadline for existing firms
• IRS Criminal Investigation Warns of Counterfeit Letters Pushing Crypto Holders to a Fake Compliance Portal

About PORTAL arbitrage

How do I read the PORTAL spread?

The spread is how many percent higher PORTAL 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 Bybit. 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 PORTAL alerts?

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