Arbitrage between spot exchanges #套利交易策略

Principle: The prices of the same cryptocurrency (such as BTC/USDT) may differ between different exchanges (such as Binance, Coinbase, Kraken) due to liquidity, trading volume, or regional differences.

Identification method:

Price monitoring: Compare the prices of multiple exchanges in real-time using tools like CoinGecko, CoinMarketCap, or CryptoWatch to observe the price differences of the same cryptocurrency.

Price difference threshold: The price difference must cover transaction fees (usually 0.1%-0.2%) and transfer costs (such as BTC network Gas fees). For example: Binance's BTC/USDT is 50,000, Coinbase is 50,100, with a price difference of 0.2%. If the fees are below 0.2%, there is arbitrage opportunity.

Liquidity check: Ensure that the exchange has sufficient depth to avoid arbitrage failure due to slippage.