ZIL arbitrage between KuCoin and Binance: we compare the price of ZIL on KuCoin (spot) and Binance (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 Zilliqa

Zilliqa (ZIL) is a token developed in the year 2017. Zilliqa is mainly based on the concept of Sharding and primarily aims at improving the scalability of the cryptocurrency networks as in case of Bitcoin or Ethereum. The white paper mentions that the transactions speed would be approximately a thousand times more than that of Ethereum network. Ziliqa is fast, secured and decentralized. Zilliqa’s high throughput means that you can focus on developing your ideas without worrying about network congestion, high transaction fees or security which are the key issues with legacy blockchain platforms. Zilliqa network uses a concept called Sharding where the transactions are grouped into smaller groups and divided among the miners for the parallel transactional verification.…

Smart Contract Platform, BNB Chain Ecosystem, GMCI Layer 1 Index, GMCI Index

Over the past 24 hours the spread between KuCoin and Binance stayed between 0.66% and 1.05%, median 0.77% across 16 samples (futures to spot (basis)).

ZIL: KuCoin — deposit closed, withdrawal closed; Binance — deposit closed, withdrawal open.

Open interest in ZIL right now — $9.4M: KuCoin $2.8M, Binance $2.2M, BingX $1.9M, Bybit $1.2M, Bitget $636.4K. See OI ZIL.

About ZIL arbitrage

How do I read the ZIL spread?

The spread is how many percent higher ZIL 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 KuCoin and Binance. 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 ZIL alerts?

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