Syscode Technology Pvt. Ltd. Phase 0 · gap-persistence measurement live · 2026-08-21 05:38:44 UTC

What each round trip would actually have earned

Every row is one simulated transfer arbitrage, priced from recorded market data: bought at the real ask on the cheaper venue, held for 1 minutes while the coin would have moved on-chain, then sold at the real bid on the dearer venue. Fees, the withdrawal charge and gas are shown as separate columns, so the margin can be traced rather than taken on trust. No real orders were placed — measurement only.

Held forT+1m T+5m T+10m T+15m T+30m

Trade size USDT500 1,000 5,000 25,000

Window1h 6h 1d 3d 7d

show winners only

Round trips measured

1,040

41 unpriced · 360 in flight

Profitable

3.2% of measured trades

Gross from price move

−419.27

before any cost

Total costs

−2,744.29

fees + withdrawal + gas

Net result

−3,163.57

USDT across all trades

Average per trade

−3.04

best +4.17 · worst −13.30

Round trips

showing 100 of 1081 · priced at 1,000 USDT · held 1 min

The buy leg and the transfer								The sell leg			Price move	Costs along the way			Result
Bought	Coin	On	Buy price	Spent	Coins	Withdrawal + gas	Arrived	Sold on	Sold at	Sell price	Gross	Buy fee	Withdrawal	Sell fee	Net
05:37:11	INJINJ	mexc	4.7740	1,000	209.363	−0.140000	209.223	kucoin	05:38:16	4.7690	−1.05	0.50	0.67	1.00	−3.21−0.32%
05:37:11	INJINJ	okx	4.7740	1,000	209.154	−0.140000	209.014	kucoin	05:38:16	4.7690	−1.05	1.50	0.67	1.00	−4.21−0.42%
05:37:11	INJINJ	mexc	4.7740	1,000	209.363	−0.140000	209.223	binance	05:38:16	4.7700	−0.84	0.50	0.67	1.00	−3.00−0.30%
05:37:11	INJINJ	mexc	4.7740	1,000	209.363	−0.140000	209.223	okx	05:38:16	4.7710	−0.63	0.50	0.67	1.50	−3.29−0.33%
05:37:11	INJINJ	kucoin	4.7740	1,000	209.258	−0.140000	209.118	mexc	05:38:16	4.7670	−1.47	1.00	0.67	0.50	−3.63−0.36%
05:37:11	INJINJ	binance	4.7730	1,000	209.302	−0.140000	209.162	mexc	05:38:16	4.7670	−1.26	1.00	0.67	0.50	−3.42−0.34%
05:37:11	INJINJ	kucoin	4.7740	1,000	209.258	−0.140000	209.118	okx	05:38:16	4.7710	−0.63	1.00	0.67	1.50	−3.79−0.38%
05:37:11	INJINJ	binance	4.7730	1,000	209.302	−0.140000	209.162	okx	05:38:16	4.7710	−0.42	1.00	0.67	1.50	−3.58−0.36%
05:37:11	INJINJ	okx	4.7740	1,000	209.154	−0.140000	209.014	mexc	05:38:16	4.7670	−1.47	1.50	0.67	0.50	−4.13−0.41%
05:37:11	INJINJ	okx	4.7740	1,000	209.154	−0.140000	209.014	binance	05:38:16	4.7700	−0.84	1.50	0.67	1.00	−4.00−0.40%
05:37:11	SHIBKCC	kucoin	0.00000503400	1,000	198450536.35	−61500.00	198389036.35	okx	05:38:16	0.00000503100	−0.60	1.00	0.31	1.50	−3.40−0.34%
05:37:11	SHIBKCC	mexc	0.00000503100	1,000	198668256.81	−61500.00	198606756.81	binance	05:38:16	0.00000503000	−0.20	0.50	0.31	1.00	−2.01−0.20%
05:37:11	SHIBKCC	okx	0.00000503200	1,000	198430047.69	−61500.00	198368547.69	binance	05:38:16	0.00000503000	−0.40	1.50	0.31	1.00	−3.20−0.32%
05:37:11	SHIBKCC	binance	0.00000503000	1,000	198608349.90	−61500.00	198546849.90	kucoin	05:38:16	0.00000503100	+0.20	1.00	0.31	1.00	−2.11−0.21%
05:37:11	SHIBKCC	mexc	0.00000503100	1,000	198668256.81	−61500.00	198606756.81	okx	05:38:16	0.00000503100	0.00	0.50	0.31	1.50	−2.31−0.23%
05:37:11	SHIBKCC	okx	0.00000503200	1,000	198430047.69	−61500.00	198368547.69	mexc	05:38:16	0.00000502800	−0.79	1.50	0.31	0.50	−3.10−0.31%
05:37:11	SHIBKCC	kucoin	0.00000503400	1,000	198450536.35	−61500.00	198389036.35	mexc	05:38:16	0.00000502800	−1.19	1.00	0.31	0.50	−3.00−0.30%
05:37:11	SHIBKCC	mexc	0.00000503100	1,000	198668256.81	−61500.00	198606756.81	kucoin	05:38:16	0.00000503100	0.00	0.50	0.31	1.00	−1.81−0.18%
05:37:11	SHIBKCC	binance	0.00000503000	1,000	198608349.90	−61500.00	198546849.90	mexc	05:38:16	0.00000502800	−0.40	1.00	0.31	0.50	−2.21−0.22%
05:37:11	SHIBKCC	okx	0.00000503200	1,000	198430047.69	−61500.00	198368547.69	kucoin	05:38:16	0.00000503100	−0.20	1.50	0.31	1.00	−3.01−0.30%
05:37:11	SHIBKCC	kucoin	0.00000503400	1,000	198450536.35	−61500.00	198389036.35	binance	05:38:16	0.00000503000	−0.79	1.00	0.31	1.00	−3.10−0.31%
05:37:11	SHIBKCC	binance	0.00000503000	1,000	198608349.90	−61500.00	198546849.90	okx	05:38:16	0.00000503100	+0.20	1.00	0.31	1.50	−2.61−0.26%
05:37:11	USDCMATIC	okx	1.0005	1,000	998.001	−0.210000	997.791	mexc	05:38:16	1.0004	−0.07	1.50	0.21	0.00	−1.78−0.18%
05:37:11	USDC	binance	1.0005	1,000	998.541	−0.210000	998.331	okx	05:38:16	sell price unavailable at T+1m — excluded from totals
05:37:11	USDCMATIC	okx	1.0005	1,000	998.001	−0.210000	997.791	binance	05:38:16	1.0004	−0.07	1.50	0.21	1.00	−2.78−0.28%
05:37:11	USDC	kucoin	1.0004	1,000	998.601	−0.210000	998.391	okx	05:38:16	sell price unavailable at T+1m — excluded from totals
05:37:11	USDCMATIC	binance	1.0005	1,000	998.541	−0.210000	998.331	kucoin	05:38:16	1.0003	−0.16	1.00	0.21	1.00	−2.37−0.24%
05:37:11	USDCMATIC	mexc	1.0004	1,000	999.560	−0.210000	999.350	binance	05:38:16	1.0004	−0.01	0.00	0.21	1.00	−1.22−0.12%
05:37:11	USDCMATIC	binance	1.0005	1,000	998.541	−0.210000	998.331	mexc	05:38:16	1.0004	−0.03	1.00	0.21	0.00	−1.24−0.12%
05:37:11	USDCMATIC	okx	1.0005	1,000	998.001	−0.210000	997.791	kucoin	05:38:16	1.0003	−0.20	1.50	0.21	1.00	−2.91−0.29%
05:37:11	USDC	mexc	1.0004	1,000	999.560	−0.210000	999.350	okx	05:38:16	sell price unavailable at T+1m — excluded from totals
05:37:11	USDCMATIC	kucoin	1.0004	1,000	998.601	−0.210000	998.391	binance	05:38:16	1.0004	+0.03	1.00	0.21	1.00	−2.18−0.22%
05:37:11	ASTERBEP20	binance	0.673000	1,000	1484.40	−0.800000	1483.60	mexc	05:38:16	0.671200	−2.67	1.00	0.54	0.50	−4.71−0.47%
05:37:11	ASTER	mexc	0.672300	1,000	1486.69	−0.800000	1485.89	kucoin	05:38:16	sell price unavailable at T+1m — excluded from totals
05:37:11	ASTERBEP20	kucoin	0.672500	1,000	1485.50	−0.800000	1484.70	mexc	05:38:16	0.671200	−1.93	1.00	0.54	0.50	−3.97−0.40%
05:37:11	ASTERBEP20	mexc	0.672300	1,000	1486.69	−0.800000	1485.89	binance	05:38:16	0.671000	−1.93	0.50	0.54	1.00	−3.97−0.40%
05:37:11	ASTERBEP20	okx	0.672600	1,000	1484.54	−0.800000	1483.74	mexc	05:38:16	0.671200	−2.08	1.50	0.54	0.50	−4.61−0.46%
05:37:11	ASTERBEP20	mexc	0.672300	1,000	1486.69	−0.800000	1485.89	okx	05:38:16	0.670900	−2.08	0.50	0.54	1.50	−4.61−0.46%
05:37:11	ASTER	binance	0.673000	1,000	1484.40	−0.800000	1483.60	kucoin	05:38:16	sell price unavailable at T+1m — excluded from totals
05:37:11	ASTER	okx	0.672600	1,000	1484.54	−0.800000	1483.74	kucoin	05:38:16	sell price unavailable at T+1m — excluded from totals
05:37:11	ASTERBEP20	kucoin	0.672500	1,000	1485.50	−0.800000	1484.70	binance	05:38:16	0.671000	−2.23	1.00	0.54	1.00	−4.76−0.48%
05:37:11	ASTERBEP20	kucoin	0.672500	1,000	1485.50	−0.800000	1484.70	okx	05:38:16	0.670900	−2.38	1.00	0.54	1.49	−5.41−0.54%
05:37:11	LTCLTC	kucoin	48.6800	1,000	20.5218	−0.00600000	20.5158	binance	05:38:16	48.6400	−0.82	1.00	0.29	1.00	−3.11−0.31%
05:37:11	LTCLTC	kucoin	48.6800	1,000	20.5218	−0.00600000	20.5158	mexc	05:38:16	48.6500	−0.62	1.00	0.29	0.50	−2.41−0.24%
05:37:11	LTCLTC	binance	48.6900	1,000	20.5176	−0.00600000	20.5116	mexc	05:38:16	48.6500	−0.82	1.00	0.29	0.50	−2.61−0.26%
05:37:11	LTCLTC	mexc	48.7000	1,000	20.5236	−0.00600000	20.5176	kucoin	05:38:16	48.6300	−1.44	0.50	0.29	1.00	−3.23−0.32%
05:37:11	GRAMTON	okx	1.4200	1,000	703.169	−0.400000	702.769	kucoin	05:38:16	1.4190	−0.70	1.50	0.57	1.00	−3.77−0.38%
05:37:11	LTCLTC	okx	48.6800	1,000	20.5115	−0.00600000	20.5055	binance	05:38:16	48.6400	−0.82	1.50	0.29	1.00	−3.61−0.36%
05:37:11	GRAMTON	binance	1.4200	1,000	703.521	−0.400000	703.121	okx	05:38:16	1.4190	−0.70	1.00	0.57	1.50	−3.77−0.38%
05:37:11	GRAMTON	binance	1.4200	1,000	703.521	−0.400000	703.121	kucoin	05:38:16	1.4190	−0.70	1.00	0.57	1.00	−3.27−0.33%
05:37:11	GRAMTON	binance	1.4200	1,000	703.521	−0.400000	703.121	mexc	05:38:16	1.4190	−0.70	1.00	0.57	0.50	−2.77−0.28%
05:37:11	LTCLTC	kucoin	48.6800	1,000	20.5218	−0.00600000	20.5158	okx	05:38:16	48.6400	−0.82	1.00	0.29	1.50	−3.61−0.36%
05:37:11	GRAMTON	okx	1.4200	1,000	703.169	−0.400000	702.769	mexc	05:38:16	1.4190	−0.70	1.50	0.57	0.50	−3.27−0.33%
05:37:11	GRAMTON	mexc	1.4200	1,000	703.873	−0.400000	703.473	kucoin	05:38:16	1.4190	−0.70	0.50	0.57	1.00	−2.77−0.28%
05:37:11	LTCLTC	binance	48.6900	1,000	20.5176	−0.00600000	20.5116	kucoin	05:38:16	48.6300	−1.23	1.00	0.29	1.00	−3.52−0.35%
05:37:11	GRAMTON	kucoin	1.4200	1,000	703.521	−0.400000	703.121	okx	05:38:16	1.4190	−0.70	1.00	0.57	1.50	−3.77−0.38%
05:37:11	LTCLTC	mexc	48.7000	1,000	20.5236	−0.00600000	20.5176	binance	05:38:16	48.6400	−1.23	0.50	0.29	1.00	−3.02−0.30%
05:37:11	LTCLTC	okx	48.6800	1,000	20.5115	−0.00600000	20.5055	kucoin	05:38:16	48.6300	−1.03	1.50	0.29	1.00	−3.81−0.38%
05:37:11	LTCLTC	binance	48.6900	1,000	20.5176	−0.00600000	20.5116	okx	05:38:16	48.6400	−1.03	1.00	0.29	1.50	−3.81−0.38%
05:37:11	GRAMTON	mexc	1.4200	1,000	703.873	−0.400000	703.473	okx	05:38:16	1.4190	−0.70	0.50	0.57	1.50	−3.27−0.33%
05:37:11	GRAMTON	kucoin	1.4200	1,000	703.521	−0.400000	703.121	binance	05:38:16	1.4190	−0.70	1.00	0.57	1.00	−3.27−0.33%
05:37:11	GRAMTON	okx	1.4200	1,000	703.169	−0.400000	702.769	binance	05:38:16	1.4190	−0.70	1.50	0.57	1.00	−3.77−0.38%
05:37:11	GRAMTON	kucoin	1.4200	1,000	703.521	−0.400000	703.121	mexc	05:38:16	1.4190	−0.70	1.00	0.57	0.50	−2.77−0.28%
05:37:11	GRAMTON	mexc	1.4200	1,000	703.873	−0.400000	703.473	binance	05:38:16	1.4190	−0.70	0.50	0.57	1.00	−2.77−0.28%
05:37:11	BCHBCH	kucoin	229.7800	1,000	4.34764	−0.00100000	4.34664	binance	05:38:16	229.3000	−2.09	1.00	0.23	1.00	−4.31−0.43%
05:37:11	BCHBCH	okx	229.7000	1,000	4.34697	−0.00100000	4.34597	kucoin	05:38:16	229.3500	−1.52	1.50	0.23	1.00	−4.25−0.42%
05:37:11	BCHBCH	mexc	229.7000	1,000	4.35133	−0.00100000	4.35033	okx	05:38:16	229.3000	−1.74	0.50	0.23	1.50	−3.97−0.40%
05:37:11	BCHBCH	mexc	229.7000	1,000	4.35133	−0.00100000	4.35033	kucoin	05:38:16	229.3500	−1.52	0.50	0.23	1.00	−3.25−0.33%
05:37:11	BCHBCH	kucoin	229.7800	1,000	4.34764	−0.00100000	4.34664	mexc	05:38:16	229.3000	−2.09	1.00	0.23	0.50	−3.81−0.38%
05:37:11	BCHBCH	kucoin	229.7800	1,000	4.34764	−0.00100000	4.34664	okx	05:38:16	229.3000	−2.09	1.00	0.23	1.50	−4.81−0.48%
05:37:11	BCHBCH	binance	229.7000	1,000	4.34915	−0.00100000	4.34815	okx	05:38:16	229.3000	−1.74	1.00	0.23	1.50	−4.46−0.45%
05:37:11	BCHBCH	okx	229.7000	1,000	4.34697	−0.00100000	4.34597	mexc	05:38:16	229.3000	−1.74	1.50	0.23	0.50	−3.97−0.40%
05:37:11	BCHBCH	mexc	229.7000	1,000	4.35133	−0.00100000	4.35033	binance	05:38:16	229.3000	−1.74	0.50	0.23	1.00	−3.47−0.35%
05:37:11	BCHBCH	binance	229.7000	1,000	4.34915	−0.00100000	4.34815	mexc	05:38:16	229.3000	−1.74	1.00	0.23	0.50	−3.47−0.35%
05:37:11	BCHBCH	binance	229.7000	1,000	4.34915	−0.00100000	4.34815	kucoin	05:38:16	229.3500	−1.52	1.00	0.23	1.00	−3.75−0.37%
05:37:11	BCHBCH	okx	229.7000	1,000	4.34697	−0.00100000	4.34597	binance	05:38:16	229.3000	−1.74	1.50	0.23	1.00	−4.46−0.45%
05:37:11	PEPEERC20	binance	0.00000336000	1,000	297321428.57	−600000.00	296721428.57	kucoin	05:38:16	0.00000335200	−2.38	1.00	2.01	0.99	−6.38−0.64%
05:37:11	PEPEERC20	kucoin	0.00000335600	1,000	297675804.53	−600000.00	297075804.53	binance	05:38:16	0.00000335000	−1.79	1.00	2.01	1.00	−5.79−0.58%
05:37:11	PEPEERC20	okx	0.00000335600	1,000	297526817.64	−600000.00	296926817.64	kucoin	05:38:16	0.00000335200	−1.19	1.50	2.01	1.00	−5.70−0.57%
05:37:11	PEPEERC20	mexc	0.00000335700	1,000	297736073.88	−600000.00	297136073.88	kucoin	05:38:16	0.00000335200	−1.49	0.50	2.01	1.00	−5.00−0.50%
05:37:11	PEPEERC20	kucoin	0.00000335600	1,000	297675804.53	−600000.00	297075804.53	mexc	05:38:16	0.00000335000	−1.79	1.00	2.01	0.50	−5.29−0.53%
05:37:11	PEPEERC20	kucoin	0.00000335600	1,000	297675804.53	−600000.00	297075804.53	okx	05:38:16	0.00000335100	−1.49	1.00	2.01	1.49	−5.99−0.60%
05:37:11	TRXTRC20	mexc	0.337900	1,000	2957.98	−1.00000	2956.98	okx	05:38:16	0.337800	−0.30	0.50	0.34	1.50	−2.63−0.26%
05:37:11	TRXTRC20	binance	0.337900	1,000	2956.50	−1.00000	2955.50	mexc	05:38:16	0.337800	−0.30	1.00	0.34	0.50	−2.13−0.21%
05:37:11	TRXTRC20	kucoin	0.337900	1,000	2956.50	−1.00000	2955.50	binance	05:38:16	0.337800	−0.30	1.00	0.34	1.00	−2.63−0.26%
05:37:11	TRXTRC20	binance	0.337900	1,000	2956.50	−1.00000	2955.50	kucoin	05:38:16	0.337800	−0.30	1.00	0.34	1.00	−2.63−0.26%
05:37:11	TRXTRC20	binance	0.337900	1,000	2956.50	−1.00000	2955.50	okx	05:38:16	0.337800	−0.30	1.00	0.34	1.50	−3.13−0.31%
05:37:11	TRXTRC20	mexc	0.337900	1,000	2957.98	−1.00000	2956.98	binance	05:38:16	0.337800	−0.30	0.50	0.34	1.00	−2.13−0.21%
05:37:11	TRXTRC20	okx	0.337790	1,000	2955.98	−1.00000	2954.98	mexc	05:38:16	0.337800	+0.03	1.50	0.34	0.50	−2.31−0.23%
05:37:11	TRXTRC20	kucoin	0.337900	1,000	2956.50	−1.00000	2955.50	okx	05:38:16	0.337800	−0.30	1.00	0.34	1.50	−3.13−0.31%
05:37:11	TRXTRC20	okx	0.337790	1,000	2955.98	−1.00000	2954.98	kucoin	05:38:16	0.337800	+0.03	1.50	0.34	1.00	−2.81−0.28%
05:37:11	TRXTRC20	kucoin	0.337900	1,000	2956.50	−1.00000	2955.50	mexc	05:38:16	0.337800	−0.30	1.00	0.34	0.50	−2.13−0.21%
05:37:11	TRXTRC20	mexc	0.337900	1,000	2957.98	−1.00000	2956.98	kucoin	05:38:16	0.337800	−0.30	0.50	0.34	1.00	−2.13−0.21%
05:37:11	TRXTRC20	okx	0.337790	1,000	2955.98	−1.00000	2954.98	binance	05:38:16	0.337800	+0.03	1.50	0.34	1.00	−2.81−0.28%
05:37:11	BNBBEP20	kucoin	663.4550	1,000	1.50575	−0.000953000	1.50480	binance	05:38:16	663.3000	−0.23	1.00	0.63	1.00	−2.86−0.29%
05:37:11	XRPXRP	binance	1.3091	1,000	763.120	−0.300000	762.820	kucoin	05:38:16	1.3062	−2.18	1.00	0.39	1.00	−4.56−0.46%
05:37:11	BNBBEP20	kucoin	663.4550	1,000	1.50575	−0.000953000	1.50480	mexc	05:38:16	663.3100	−0.22	1.00	0.63	0.50	−2.35−0.23%
05:37:11	BNBBEP20	okx	663.5000	1,000	1.50490	−0.000953000	1.50395	kucoin	05:38:16	663.3450	−0.23	1.50	0.63	1.00	−3.36−0.34%
05:37:11	XRPXRP	kucoin	1.3092	1,000	763.067	−0.300000	762.767	mexc	05:38:16	1.3064	−2.13	1.00	0.39	0.00	−3.52−0.35%
05:37:11	BNBBEP20	binance	663.4400	1,000	1.50579	−0.000953000	1.50484	kucoin	05:38:16	663.3450	−0.14	1.00	0.63	1.00	−2.77−0.28%

How to read this

The buy price is locked. In a transfer trade you commit at the moment you buy and cannot undo it. Only the sell price moves while the coin is in transit, so every row holds the buy price fixed and re-reads the sell price 1 minutes later. That is the whole question this measurement exists to answer.

Withdrawal and gas are charged in the coin, not as a percentage. They are a flat amount whatever the trade size, which is why the same price gap can lose money at 500 and make money at 25,000. Change the trade size above and watch the net column move — that behaviour is the single most important thing on this page.

Gross minus the three cost columns equals net, exactly. Coin-denominated costs are valued at the sell price, because coins lost on the way are coins that never reached the sell side.

Rows marked sell price unavailable had no fresh quote at that horizon. They are shown but excluded from every total — carrying the last known price forward would invent a result that was never observed.