The core of arbitrage lies in being the first to act; whoever discovers it first wins. Currently, the main battleground for arbitrage in the market revolves around fee rates, and even exchanges have released built-in arbitrage bots, which has become excessively competitive.
Aside from fees, most other arbitrage methods have very small capital capacity, such as the USDT cross-chain I mentioned yesterday, or cake-vecake; after a few plays, the capacity is gone.
In the past, there were instances where Bitcoin quarterly contracts had a 20-point premium, earning steadily with large capacity; such opportunities hardly exist now.
Arbitrage is not just about fees; there are many ways to play. Today's arbitrage resembles the “haircut” trend of 2023, where many so-called arbitrage bloggers suddenly appeared overnight after AI equalization, mindlessly posting fee rates while actually selling shovels.
For newcomers looking to enter the arbitrage space, I suggest directly giving up on the fee-based method, observing more, and finding better opportunities.
There are so many opportunities on-chain, with USDT, just switching chains can earn an extra 9U.
Now, there is an increasing tendency for stable returns; we can't go back to the bull market of 2021, where buying with your eyes closed could yield tenfold returns. Those days are gone and won't return. Now, getting two or three times return in the secondary market seems quite exaggerated, right?
In the secondary market, it's easy to get impulsive due to FOMO and also easy to get cut losses from FUD. In comparison, on-chain most of the time is spent looking for opportunities to invest, but when you do invest, you must earn #
Review of How to Earn 2000 Dollars Daily Mining Unichain
In recent days, I've been mining the ecosystem subsidies of Unichain and sharing some profit charts. Many people have been asking about my strategy, so here's a simple share. My writing may not be great, but it's all about the essentials. Key point: In the face of absolute returns, impermanent loss is nothing. The first phase of Unichain rewards started on the night of April 15th, lasting for two weeks. Approximately 5 million dollars worth of UNI tokens will be distributed to liquidity providers for the following 12 pools deployed on UNI v4 through Merkl. Reward entry: https://app.merkl.xyz/?chain=130