Is anyone try arbitrage trading ? cross exchange trading ?

What’s your opinion about cross exchange arbitrage? Is it still possible, or just a dream?

You can build algos for that, it's definitely possible, however the opportunities are super slim, you can literally become a multi millionaire if you find some loophole within no time, you'll need to do some heavy/extensive research.

I already built a demo scanner for it, but the problem is that it scans every token with the same name. Sometimes I see huge profits, but when I check the project, it turns out to be totally different the token ticker is the same, but the project isn’t. That’s the main issue I’m facing right now.I’ve also seen some arbitrage tools on the clearnet, but they don’t look perfect either. I noticed the same error in those apps as well.A couple of months ago, I did an ARB/USDT transaction from Binance to OKX and managed to make about $8 profit. But I know there are more opportunities out there. I’m going to start building the tool again.

yes its possible

My opinion is that main crypto markets are setup so tight that it's almost impossible to find any profitable arbitrage. Also, from experience even large exchanges with a small spread + fees, you can't turn around quickly enough to sell somewhere else for a profit.

Yeah even profitable sometimes and sometimes fucked the gas fee

How much startup capitol do you think we would need. And were would you start to look for finding valid sources of arbitrage methods. I think I have a method for phantom wallet.

sharing is caring <3

sometimes you see good chances but when going to withdraw from cex suspend the network 😂