Hello,
As far as I know, an arbitrage is a two-dimensional transaction that increases the number of coins on each exchange without having to transfer money.
For example,
Assuming that both A and B exchanges have BTC and ETH of 1 BTC and 12 ETH, respectively, with a total of 2 BTC + 24 ETH,
At any moment
A exchange 1BTC = 12ETH
B Exchange 1BTC = 13 ETH
We sell 12 ETHs on A exchange and buy 1BTC to become 2BTC total.
I buy 1 BTC at B exchange and purchase 13 ETH to become 25 ETH total.
The result is 2BTC + 24ETH and 2BTC + 25ETH.
There are blind spots here,
1. Because the bots will soon disappear, premiums must be traded quickly and individuals can not trade on their own. (4 ~ 5% of transactions, even within a few seconds, actually 3% profit due to time difference)
2. A few foreign exchange accounts (Korea, Japan, etc.) must be opened in advance, and coins must be deposited in a number of cases.
3. Mental problems, volume problems, troubles of using OTP, etc.
as you know
I already use this arbitrage to bite the difference.
The only way people can eat is to use things like reminders.
There are several alerting services in telegrams such as @cryptomarketalert_bot and @panicwatch.
It's also on Twitter and the website.
However, I am wondering how much I can really profit from the blind spots I wrote above.
I guess that there are a lot of bots for arbitrages so I'm not sure if individuals can make it.
If you have a good idea, I want to share it.