An arbitrage signal is not a command to trade. It is a structured alert that the same or similar market is priced differently across venues. Reading it well means moving from left to right: symbol, route, market type, net spread, liquidity, funding and timing.
A signal is not a guarantee
The scanner finds opportunities faster than manual checking, but it does not promise a profit.
Symbol and route
First read which coin is involved and the route: where the first leg opens, where the second leg opens, and in which direction.
Market type and net spread
Check whether the setup is spot-to-spot, futures-to-futures, or spot-to-futures.
Liquidity, volume and timing
The last checks are practical.
The scanner finds opportunities faster than manual checking, but it does not promise a profit. It shows that a price difference exists right now. The trader still confirms execution quality and risk before opening a position.
First read which coin is involved and the route: where the first leg opens, where the second leg opens, and in which direction. The route tells you which exchange is the buy side and which is the sell side.
Check whether the setup is spot-to-spot, futures-to-futures, or spot-to-futures. Then compare the raw spread with net spread. A large visible spread can still be poor after fees, slippage and depth.
The last checks are practical. Look at 24h volume, order book depth around your size, funding direction and next funding time. These decide whether the visible spread survives real execution.
Walk each signal through the same order every time so nothing important is skipped.
No. A signal reports a price difference. You still confirm net spread, liquidity, fees and timing before deciding.
Net spread after fees and slippage matters more than raw spread. A smaller net spread with deep liquidity often beats a large raw spread on a thin book.
The route tells you which exchange is buy and which is sell, and whether the legs are spot or futures. Without it you cannot judge the trade.
Spot / Exchanges
A beginner-friendly guide to spot arbitrage between exchanges: price gaps, buying low, selling high, transfer delays, withdrawal fees, and liquidity risks.
ReadFutures / Spreads
Learn how futures arbitrage works between exchanges: opening long and short legs, tracking spread movement, managing leverage, and closing safely.
ReadStrategy / Comparison
Compare spot-to-spot, futures-to-futures, and spot-to-futures arbitrage so you know which strategy fits the signal you are looking at.
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