The job of an arbitrage trader is to exploit price differences correctly and make a profit , no matter which direction the market is moving.For example, an arbitrageur has $10,000. His simplest plan of action is:
- Find an exchange with the lowest rate, for example, for ETH coins;
- Let's say a certain amount of ETH is worth $10,000 on Bybit.
- Having bought a coin on Bybit, the arbitrageur goes to another exchange where the selling rate for ETH is higher than the buying rate on Bybit;
- By selling the coin on another exchange for $10,150, taking into account all commissions, the trader receives a profit of $150.
- Search for them yourself - through the GPT chat, parse all possible exchanges and compare exchange rates, work with those coins with low commissions, or compensate for this with a larger budget
- Work with our team through our connections in our team
Cons: Commission 20% of net profit
