Decision dec_1c26685bf072 · CR.5 · live

NO_OP · —

Latency Arb (HFT) on ETH · regime RANGE_BOUND · decided in 5.59 ms of a 10 ms budget.

SleeveCR.5 — Latency Arb (HFT)

Decided at2026-05-23T21:48:03.491Z

UnderlyingETH

Spot$3,217.73

IV percentile 90d37.4%

IV–RV spread719 bps

RegimeRANGE_BOUND

Confidence25.0%

Expected edge—

Expected payoff$5,085

Capital at risk—

Latency budget10 ms

Decided within5.587 ms

CR5.LATENCY_BUDGET_OKweight 25% · v0.3

predicted_decay_ms <= 800 (obs 213)

Predicted spread decay 213.0 ms within 800 ms budget

CR5.CROSS_VENUE_DISLOCATIONskipped · v0.3

spread_bps_binance_coinbase >= 8 (obs 5.7)

Spread 5.7 bps below 8 bps trigger

Resulting order intent

BUY · 0 · —

Side

BUY

Qty

Limit

—

Fill

pending