#ArbitrageTradingStrategy # **The Basics: How It Works**
1. **Spot Arbitrage**: Buy low on Exchange A, sell high on Exchange B. Works best with liquid assets (BTC, ETH) during volatile spikes.
2. **Triangular Arbitrage**: Trade between three pairs on the *same* exchange (e.g., BTC → ETH → USDT → BTC) when prices misalign.
3. **Funding Rate Arbitrage**: Long on perpetual futures (positive funding) while shorting the spot, or vice versa; common in gaps between CEX and DEX.
### **Trading Tools**
- **APIs and Bots**: Manual arbitrage is dead. Use Python scripts or platforms like 3Commas to take advantage of millisecond windows.
- **Order Book Depth**: Watch for liquidity mismatches. Thin markets = slippage hell.
- **Gas Fees and Withdrawal Times**: Arbitraging ETH? Keep $50 for gas in mind. CEX withdrawals? Pray it's not during congestion.
### **The Reality**
Arbitrage is not free money. Exchange platforms do not like it (they will reduce your API), and the competition is brutal. But if you master it, you'll have a low-risk edge in any market cycle.
**Pro Tip**: Start with paper trading. The market humbles everyone.