#套利交易策略 Below are several Bitcoin arbitrage trading strategies:

Currency-to-currency - Contract Hedging: Spot buy + perpetual contract short, profit comes from funding rate differences and price convergence deviations. If the funding rate continues to be positive and the spot premium >0.3%, you can buy in the spot market and short the perpetual contract. But be wary of sudden funding rate changes and the risk of liquidation due to spike.

Inter-period arbitrage: Long the current season contract + short the next season contract, profiting from the distortion of the term structure. However, be cautious of basis risk caused by delivery time differences.

Triangular arbitrage: Cycle trading through BTC/ETH/USDT three currencies to seize the opportunity of instantaneous price imbalance in trading pairs, but there are risks of slippage and network latency.