#套利交易策略 Triangular Arbitrage in the Cryptocurrency Market

Instantaneous arbitrage based on price imbalances of trading pairs. When there is a price inconsistency among the three trading pairs BTC/USDT, ETH/BTC, and ETH/USDT, circular trading can be done for profit. Example: When 1 BTC = 50,000 USDT, 1 ETH = 0.05 BTC, but the ETH/USDT quote is 2,400 USDT, a risk-free return of 0.8% can be obtained through the path BTC → ETH → USDT → BTC. High-frequency trading teams using FPGA hardware can achieve 300 price checks per second, but ordinary investors need to be cautious of slippage and exchange anti-arbitrage mechanisms.