Key facts
- The crypto arbitrage premium is now below 1%.
- This level is considered a 'new normal' for the market.
- The premium briefly rose above 1% last week.
- The increase was linked to the ZAR weakening against the USD.
Arbitrage premiums in cryptocurrency markets can offer insights into market efficiency and liquidity. A sustained low premium suggests a more efficient market where price discrepancies are quickly exploited and resolved. Fluctuations can indicate temporary imbalances or specific currency movements impacting global crypto pricing.