Daily Microstructure Brief — Wednesday, 10 June 2026

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ DAILY MICROSTRUCTURE BRIEF 2026-06-10 · Wednesday · covers prior 24h UTC · peak window 13:00-16:00 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Top route rotation: cryptocom→okx (SOL/USDT) displaced cryptocom→okx (DOT/USDT) at #1. TOP ROUTES (by executability) 1. cryptocom→okx (SOL/USDT) Median spread 0.017% · half-life 632ms · survival @1s: 27.2% · executability 0.6% 2. okx→cryptocom (SOL/USDT) Median spread 0.017% · half-life 809ms · survival @1s: 37.8% · executability 0.5% 3. cryptocom→okx (SOL/USD) Median spread 0.018% · half-life 585ms · survival @500ms: 27.5% · executability 0.3% Cited data: 904 samples across 3 routes, prior 24h UTC. SPREAD DECAY Median half-life across all routes: 1436ms. Survival @ T+1s: 70.7% of 364102 samples. Spreads > 0.40% decayed to below fee floor within 0ms median (0 samples). Decay profiles consistent with 7-day norms. BEST EXECUTION WINDOW 10:00-11:00 UTC (18:00-19:00 SGT) — 76.9% of samples survived to T+500ms above fee floor. 1.1x the 24h average. Second: 06:00-07:00 UTC — 76.2% survival. EXCHANGE BEHAVIOUR All exchanges stable — no degradation events in 24h. VS YESTERDAY Samples: 364102 (-240399) Top route: cryptocom→okx (SOL/USDT) median spread 0.017% Survival @1s: 70.7% (+150bps vs yesterday) Median spread: 0.02% (-2bps vs yesterday) CONSTRAINTS ON THIS DATA Spread persistence varies materially by route and hour of day. High-spread events (>0.40%) decay faster than the median. Results describe the prior 24h only — not predictive. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Bot activity — not financial advice. Every signal blockchain-verified: proofsystems.ai/signals Full archive: proofsystems.ai/brief ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━