KQBOARDKQ Book

Cross-venue spread

The same asset, quoted in two places. KaspaCom prices in KAS; Hexchange settles in KASBTC. Both sides are shown in KAS, converted at the rate recorded when each price was observed.

What this can and cannot say.

Where both venues have traded recently, the comparison uses fills — what people paid. Where one side has not traded, that side is an asking price and the row says so. Where neither has, both numbers are wishes and the spread is left blank rather than printed with a caveat nobody reads.

Only assets listed on both venues can appear. That is a short list, and it is the honest one.

Enough depth to act on

AssetKaspaComHexchange GapCheaperDepthBasisOpen
KASGOTHS 499.00 fill 599.20 ask +20% kaspacom 11 mixed 34h

Gap is Hexchange against KaspaCom: positive means Hexchange is dearer. Open is how long the cheaper side has stayed the cheaper side — blank until the recorder has watched it long enough to say, which it cannot do retroactively.

Too thin to trust

AssetKaspaComHexchange GapDepthBasis
KASRANKS 307.00 399.20 +30% 7 mixed
KDC 100.00 150.04 +50% 5 fills
PIXELKREX 250.00 310.40 +24% 5 mixed
KASDAGSV2 80.00 17.60 -78% 4 asks
TOXICCATS 40.00 17.60 -56% 3 asks
FUCKSHAI 55.00 32.00 -42% 3 asks

Three to nine quotes on the thinner side. A gap this size on this little depth is one or two people's opinions, and it moves the moment either of them changes their mind. Shown because hiding it would be its own distortion — not because it is a finding.

10 listed on both venues, no spread stated why

Fewer than 3 quotes on the thinner side. One person's asking price is not a market, and a number here would be read as a finding no matter what sat beside it.

KASAYAJINS · FREENACHO · KANTO · SOULS · KASPABROS · KREXPRIME · TVHEADZ · JEETSLIFE · MAXITEARS · HASH

Why nobody else shows you thisdetail

Both venues have better records of their own book than KQ Book does — every listing, every edit, timestamped. Neither is missing data.

What neither will do is index the other one, or tell you that a third of the depth on their own page is scenery. Not dishonesty; incentive. A marketplace grading its own liquidity is not credible even when it is right.

Every number here is derived from what both venues already publish. The part that accrues is the history: when a gap opened and how long it survived, which is not recoverable by anyone who was not recording it at the time.