August 4 scan surfaces 13 arbitrage windows led by a 6.34% BLESS spread (KuCoin buy vs Bitunix sell), with 1000RATS, SNXX, INTW, and BEAT rounding out a session dominated by Binance Futures as the cheap leg against Bitunix, OKX, and Bybit as the rich legs.
The scanner logged 13 distinct arbitrage events across five tickers today — BLESS, 1000RATS, SNXX, INTW, and BEAT — with spreads ranging from a top print of 6.34% down through the low 3% range before falling off the board. That's a healthy print count for a single session, and the concentration is notable: BLESS alone accounted for four of the ten highest-ranked opportunities, meaning the same ticker kept re-opening spreads across different venue pairs as its price wobbled between a thinly-traded spot listing on KuCoin and a comparatively richer market on Bitunix.
The headline trade was BLESS at 6.34% — buy on KuCoin at $0.018245, sell on Bitunix at $0.019402. That's roughly triple the size of a 'normal' cross-exchange basis spread on a major pair, which immediately flags this as a small-cap/low-liquidity situation rather than a structural inefficiency between deep books. Behind it, 1000RATS printed twice (4.91% and 4.31%), BEAT printed twice (3.71% and 3.69%), and SNXX and INTW each showed up once in the low-to-mid 4% range. Total pump/dump/buy/sell pressure came back at $0.0M across the board in this feed — the volume telemetry wasn't populated for this run, which matters for how we size these trades below. Treat every number in this report as a price/spread fact, not a liquidity guarantee.
The venue pattern in today's data is unusually clean. Binance Futures shows up as the buy-side (cheap) leg in five of the ten ranked opportunities — both 1000RATS prints and one BEAT print, one BLESS print, and the second BEAT print — which tells you Binance's futures mark was systematically undervalued relative to smaller venues across multiple unrelated tickers today. That's consistent with Binance Futures simply having the deepest, most efficient book on the board and other venues lagging its price discovery by a few basis points to a few percent, rather than any single-asset story. On the sell side, Bitunix shows up three times (all BLESS), OKX twice (INTW and BEAT), and Bybit twice (BEAT and BLESS) — a spread of smaller/mid-tier venues each running a persistent premium against Binance Futures pricing. Gate Futures is the interesting outlier: it appears as the cheap buy-side leg twice (SNXX, INTW) and once more inside the BLESS list, meaning it's behaving like a second 'discount' venue alongside Binance Futures rather than a premium one. No Hyperliquid prints showed up in this scan at all, and KuCoin only appears on the buy side — never as a place where you'd sell into strength. If this pattern holds across sessions, Binance Futures and Gate Futures buys against Bitunix/OKX/Bybit sells is the repeatable structural trade to watch, more so than any single ticker.
Every ticker on this board — BLESS, 1000RATS, SNXX, INTW, BEAT — is a low-to-mid cap alt, and every single spread here is priced in the 3.6%-6.3% range, which is well outside what you'd see on majors like BTC or ETH (those typically arb-close within basis points). Wide spreads on thin names are a speed game: the wider the print, the faster it typically closes, because a 6%+ gap on a token like BLESS gets hunted down by arbitrage bots within seconds to low minutes once it's visible. That means the 6.34% BLESS window and the two 1000RATS windows above 4.3% should be treated as small, fast positions — get in and out quickly, don't try to scale size into them, because size is exactly what you don't have visibility into here given the $0.0M volume readout. The BEAT prints at 3.69-3.71% and the Gate Futures-based SNXX/INTW prints in the low 4% range are comparatively 'slower-moving' spreads typical of futures basis rather than spot dislocation, and can tolerate slightly larger size since futures books on Gate, OKX, and Bybit are deeper than a spot book on Bitunix or KuCoin for the same ticker. Position sizing rule of thumb for this board: cap single-leg size at a level where your own order wouldn't move the smaller exchange's book by more than 20-30% of the visible spread — with no volume data reported, the conservative move is to start with a small probe order (5-10% of intended size) on the illiquid leg before committing the rest, rather than sizing off the headline percentage alone.
Walking the top BLESS trade: buy KuCoin $0.018245, sell Bitunix $0.019402, gross spread 6.34%. Assume 0.10% taker fee on the KuCoin buy and 0.10% taker fee on the Bitunix sell — that's 0.20% in round-trip trading fees. If the position requires an actual on-chain transfer between exchanges (rather than pre-funded balances on both sides), budget a further 0.10-0.30% in withdrawal fee as a percentage of a modest position size, plus the price-drift risk of the 10-30 minute confirmation window on a volatile small-cap. Net: roughly 6.34% - 0.20% - 0.20% (withdrawal, mid-estimate) = ~5.9% net if executed cleanly and fast, or effectively zero if you get caught holding through the transfer window and the spread reverts. For the BEAT futures-to-CEX trade at 3.69% (Binance Futures $2.889000 buy vs OKX $2.992100 sell): futures maker/taker fees run lower, roughly 0.02-0.05% per leg, so round-trip fees land closer to 0.10%, no withdrawal fee needed if both legs are cash-settled on separate margin accounts, but you do carry funding-rate exposure for however long the position is open — net roughly 3.5-3.6% if closed within the funding window, less if you're paying an adverse funding rate on either side. General rule for this board: spot-to-spot arb needs a spread north of roughly 0.5-1% just to clear fees and withdrawal costs on major pairs, but on small-cap tokens like these — where withdrawal fees are a larger percentage of a smaller notional and slippage risk is real — the realistic minimum spread worth chasing is closer to 2-2.5%, which every trade on today's board clears comfortably even after conservative fee assumptions.
Watch BLESS first — with four separate mispricings across four different venues in a single session, it's showing the kind of cross-exchange listing volatility that tends to persist for a few days after a new listing or a liquidity event, especially on the KuCoin-Bitunix and Binance Futures-Bitunix pairs. 1000RATS is the second name to keep on a screener, specifically the Binance Futures vs Bitget pair, which looked like the more liquid and repeatable of the two 1000RATS setups today. On exchange pairs generally, keep Binance Futures and Gate Futures pinned as your 'cheap leg' reference price and watch Bitunix, OKX, and Bybit as the venues most likely to run a premium — that pattern held across five unrelated tickers today, which is a stronger signal than any single-asset move. Best times to watch for these small-cap spreads are typically during US overnight / Asia morning hours when book depth on secondary venues like Bitunix and Aster thins out the most relative to Binance's always-deep futures book — that's usually when the widest, most exploitable gaps open up.
Thirteen windows, one 6.34% headliner, and a board that's really telling one story: Binance and Gate Futures pricing efficiency versus everyone else's lag. Fund both sides, move fast, size small on the thin legs, and don't chase anything under 2% once you've priced in fees. Arbitrage Hunter — August 4, 2026.