Bitcoin

4 hours agoNews Editor

Galaxy’s Alex Thorn says Coinbase BTC discount versus Binance has widened to the largest level this year

Alex Thorn, head of research at Galaxy, said the adjusted discount for Bitcoin on Coinbase relative to Binance’s USDT market has widened to its biggest level of the year. He added that the spread has been harder to read as a clean signal of U.S. demand because Binance had previously paused withdrawals, which limited cross-platform arbitrage. With withdrawals now restored on Binance, the next point to watch is whether the price gap between the two exchanges begins to narrow. The comment focuses on exchange-level pricing rather than a broader market call, and centers on how temporary trading frictions can distort the interpretation of inter-exchange spreads.

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Gravity

2 months agoNews Editor

Gravity says G token spread across exchanges topped 40%

Gravity Chain said the G token has recently shown sharp price dislocations across exchanges, with spreads between some venues staying above 30% for hours and briefly exceeding 40% at the peak. The team attributed the gap to fragmented liquidity between the Gravity Alpha mainnet and Ethereum, along with current cross-chain constraints. According to Gravity Chain, work is underway on a solution aimed at helping users move assets from the Gravity Alpha mainnet to Ethereum more quickly and efficiently. The project added that it will continue to share updates as development progresses. The statement points to structural trading frictions rather than a one-off pricing anomaly, with liquidity split across networks limiting arbitrage and keeping exchange prices out of line for extended periods.

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BingX

3 months agoNews Editor

RootData: BingX Records Widest Spread Among Top 20 Derivatives Exchanges

RootData's stock derivatives exchange rankings, cited by ChainCatcher, show BingX posting the widest spread among the top 20 exchanges as of press time. BingX, OrangeX and Aster led with spreads of 0.299%, 0.281% and 0.182% respectively, while KuCoin (0.133%) and Phemex (0.142%) also exceeded 0.1%. The figures reflect 24-hour volume-weighted spreads; higher values typically signal higher trading costs.

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