OPEN · ETH-23MAY26-perp
Latency Arb (HFT) on ETH · regime RANGE_BOUND · decided in 3.63 ms of a 10 ms budget.
Model snapshot at decision time
SleeveCR.5 — Latency Arb (HFT)
Decided at2026-05-23T21:47:59.396Z
UnderlyingETH
Spot$3,186.13
IV percentile 90d54.0%
IV–RV spread1,421 bps
RegimeRANGE_BOUND
Confidence70.0%
Expected edge131 bps
Expected payoff$2,245
Capital at risk$139,732
Latency budget10 ms
Decided within3.626 ms
Rationale tree · 2 of 2 rules fired
CR5.CROSS_VENUE_DISLOCATIONweight 70% · v0.3
spread_bps_binance_coinbase >= 8 (obs 9.6)
Spread 9.6 bps crosses 8 bps trigger
CR5.LATENCY_BUDGET_OKweight 25% · v0.3
predicted_decay_ms <= 800 (obs 478)
Predicted spread decay 478.0 ms within 800 ms budget
Resulting order intent
BUY · 3.64 · ETH-23MAY26-perp
Side
BUY
Qty
3.64
Limit
$3,182.94
Fill
$3,182.94