What a cross-exchange route must confirm
MatrixLink compares the buy and sell legs, estimates fills across order-book levels, and subtracts known route costs.
- sufficient depth on both venues;
- buy, sell, and withdrawal fees;
- matching asset contract and network;
- open withdrawal on the buy venue and deposit on the sell venue.
The market can move during transfer
CEX-to-CEX routes carry timing risk. Network confirmations and exchange crediting can take longer than expected, allowing the spread to narrow or reverse.
Updated: 2026-07-18
Frequently asked questions
Can a route work without transferring funds?
It may, if inventory is already distributed across venues and the strategy includes a separate rebalancing process.
Why does the token contract matter?
A shared ticker does not prove that both venues list the same asset or support a compatible transfer network.