Decision dec_7a276fbfea1c · CR.5 · live

NO_OP · —

Latency Arb (HFT) on ETH · regime RANGE_BOUND · decided in 5.70 ms of a 10 ms budget.

SleeveCR.5 — Latency Arb (HFT)

Decided at2026-05-23T21:48:59.497Z

UnderlyingETH

Spot$3,210.04

IV percentile 90d52.3%

IV–RV spread1,103 bps

RegimeRANGE_BOUND

Confidence70.0%

Expected edge—

Expected payoff$7,265

Capital at risk—

Latency budget10 ms

Decided within5.702 ms

CR5.CROSS_VENUE_DISLOCATIONweight 70% · v0.3

spread_bps_binance_coinbase >= 8 (obs 17.6)

Spread 17.6 bps crosses 8 bps trigger

CR5.LATENCY_BUDGET_OKskipped · v0.3

predicted_decay_ms <= 800 (obs 1097)

Predicted spread decay 1097.0 ms exceeds 800 ms budget

Resulting order intent

BUY · 0 · —

Side

BUY

Qty

Limit

—

Fill

pending