TRUST: Binance ↔ KuCoin arbitrage

TRUST arbitrage between Binance and KuCoin: we compare the price of TRUST on Binance (futures) and KuCoin (futures) 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.

Over the past 24 hours the spread between Binance and KuCoin stayed between 0.20% and 0.53%, median 0.29% across 123 samples (futures to futures).

TRUST: KuCoin — deposit open, withdrawal open.

Open interest in TRUST right now — $5.4M: Binance $1.8M, BingX $1.7M, Bitget $647.0K, KuCoin $626.1K, Bybit $507.9K. See OI TRUST.

About TRUST arbitrage

How do I read the TRUST spread?

The spread is how many percent higher TRUST 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 KuCoin. 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 TRUST alerts?

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