XTZ arbitrage between Kraken and Coinbase: we compare the price of XTZ on Kraken (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 Tezos

What Is Tezos (XTZ)? Tezos is a high-performing blockchain and open-source platform for assets and applications, with a strong focus on code security, on-chain governance, and decentralization. Tezos 2.0, the upcoming step in the evolution of Tezos, aims to improve scalability (via layer 2s), composability, and to implement support to mainstream programming languages (like Javascript, Typescript, Python, and many others). Initially built with formal verification in mind, the Tezos protocol enables builders to avoid bugs when developing smart contracts, making it particularly suited to applications that require a high degree of security and certainty. Tezos’ LPoS (Liquid Proof-of-Stake) consensus mechanism enables any stakeholder to take part, directly or by delegation, in the consensus process, and to be rewarded for securing the network.…

Smart Contract Platform, Layer 1 (L1), Tezos Ecosystem, Proof of Stake (PoS)

XTZ: Coinbase — deposit open, withdrawal open.

Open interest in XTZ right now — $6.3M: Binance $2.2M, Bybit $2.0M, KuCoin $797.1K, OKX $767.6K, Bitget $531.4K. See OI XTZ.

About XTZ arbitrage

How do I read the XTZ spread?

The spread is how many percent higher XTZ 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 Kraken 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 XTZ alerts?

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