Strategy #0000000148 · Arbitrage and relative value
Crypto cross-exchange spread scenario
Enter both venue prices, notional, fees, transfer cost, slippage and settlement-risk haircut.
Crypto assets can show different prices across exchanges, but displayed quotes may not be executable. Fees, withdrawal restrictions, on-chain delays, venue credit, capital controls and price volatility can erase apparent spreads. Cross-exchange arbitrage is not risk-free. This tool calculates only a static scenario from two entered quotes and risk haircuts.
No live order books, venue balances, blockchain confirmations, capital restrictions or exchange-default data are loaded.
Three ways in
Understand the story. Then inspect the risk.
Start with a familiar situation, check the payoff, then test how the numbers change.
The idea · in two minutes
What remains of a cross-venue quote spread after fees, transfer, slippage and settlement-risk haircuts?
Crypto assets can show different prices across exchanges, but displayed quotes may not be executable. Fees, withdrawal restrictions, on-chain delays, venue credit, capital controls and price volatility can erase apparent spreads. Cross-exchange arbitrage is not risk-free. This tool calculates only a static scenario from two entered quotes and risk haircuts.
Enter both venue prices, notional, fees, transfer cost, slippage and settlement-risk haircut.
No live order books, venue balances, blockchain confirmations, capital restrictions or exchange-default data are loaded.
- Input assumptionsEnter both venue prices, notional, fees, transfer cost, slippage and settlement-risk haircut.
- Model outputNo live order books, venue balances, blockchain confirmations, capital restrictions or exchange-default data are loaded.
Illustrative research examples only. They are not live signals or a recommendation.
The mechanics · payoff and exposure
NetSpread=\frac{P_{rich}}{P_{cheap}}-1-Fees-Transfer-Slippage-Risk
Both prices must be positive; transfer and settlement risks are percentage haircuts, not path simulations.
Greeks: the directional intuition
- 模型
- Measures sensitivity to implied volatility.
- 合約
- Measures sensitivity to implied volatility.
- 執行
- Measures sensitivity to implied volatility.
NetSpread=\frac{P_{rich}}{P_{cheap}}-1-Fees-Transfer-Slippage-Risk
Practical context · published observations
Crypto cross-exchange spread scenario: read the record with its caveats.
The chart uses the published figures or explicitly labelled study inputs below. A historical index or model replay is not the same as an investor’s realised account return.
No live order books, venue balances, blockchain confirmations, capital restrictions or exchange-default data are loaded. Source ↗ · Methodology ↗
Change assumptions and inspect the scenario
Inputs illustrate the strategy mechanics; they are not live quotes, forecasts or investment advice.
Variants · same family, different risk levers
Models, contract terms and implementation can change results.
Compare relevant mechanisms and execution assumptions.
| Related strategy | Relationship | What changes | New cost or risk |
|---|---|---|---|
| Base scenario | Manual inputs | Crypto assets can show different prices across exchanges, but displayed quotes may not be executable. Fees, withdrawal restrictions, on-chain delays, venue credit, capital controls and price volatility can erase apparent spreads. Cross-exchange arbitrage is not risk-free. This tool calculates only a static scenario from two entered quotes and risk haircuts. | No live order books, venue balances, blockchain confirmations, capital restrictions or exchange-default data are loaded. |
| Conservative version | Higher cost/loss | Stress higher costs, larger losses or lower liquidity. | May lower scenario returns. |
| Validation version | Data review | Test model inputs with consistent contracts and timestamps. | Needs licensed, representative data. |
No live order books, venue balances, blockchain confirmations, capital restrictions or exchange-default data are loaded.
Read beyond the summary
References
Primary sources and research used to describe the strategy and its limits.