This trader has made a profit of $40000, with the capital investment of $45000. This too is achieved using the stablecoins USDT and USDC. In between the trader has borrowed $40500 and with the swapping between exchanges has netted the profit of $40000 after paying a transaction fees of $2000. In simple the process involved in the trade is being depicted in a flowchart.
This was a bit confusing for me but I think I get the gist of it,,, but is this not basically called arbitrage trading? Arbitraging not so much the price of assets but the swapping rates. Pretty clever,,, and now of course that people are reading it they will try for it. I bet you exchanges earn more from people who try and fail than those who try and win:)