#套利交易策略 ** Core Logic of Arbitrage Trading Strategy: **
1. **Spatial Arbitrage**:
- **Cross-Exchange Arbitrage**: Capture price differences of the same cryptocurrency (e.g., buy low and sell high when the price difference of BTC between Binance and Coinbase is >0.5%), requires high-speed API hedging;
- **Triangle Arbitrage**: Utilize the exchange rate deviation of trading pairs (e.g., BTC/USDT→ETH/BTC→ETH/USDT), cycle to extract price differences;
2. **Temporal Arbitrage**:
- **Basis of Futures and Spot**: When futures premium >5%, short futures + long spot, return to close position;
- **Inter-Period Price Difference**: When the price difference between near-month and far-month contracts is abnormal, long near-month and short far-month (Contango) or vice versa (Backwardation);
3. **Risk Control Points**:
- Second-level transaction slippage points, transaction fees must be <60% of the arbitrage space;
- Stablecoin price difference arbitrage (e.g., USDT/USDC) requires monitoring of decoupling risks.
> ✅ **Advantages**: Low risk (market neutral), stable annual returns of 8-15%;
---
*Note: On-chain data shows that the arbitrage space of mainstream exchanges is being compressed by institutions (narrowed by 70% in 2024 compared to 2021), smaller funds should focus on new exchanges/small cryptocurrency opportunities.*