Cryptocurrency arbitrage is an investment strategy that takes advantage of asset price differences between exchanges. It involves buying assets at a lower-priced exchange and selling them at a higher-priced exchange to make a profit. Using real-time data, we have compiled the top assets providing the best arbitrage opportunities. [Editor's Note]
As of noon on August 7th, according to DATAMAXIPLUS, major cryptocurrency assets PROVE (Succinct), ME (Magic Eden), and SNT (Status) are offering stable arbitrage opportunities by utilizing price differences between exchanges.
For PROVE, buying at $1.03215 on Bitget and selling at $1.03657 on Upbit yields approximately 0.379% premium, with profits around $110.10. Selling the same asset on Bithumb also results in profits of about $101.14.
For ME, buying at $0.6853 on Bitget and selling at $0.6877 on Upbit offers approximately 0.217% premium with potential profits of around $93.73. Using Binance as a source can also generate about $86.37 in profits.
For SNT, buying at $0.02691 on Bitget and selling at $0.02699 on Upbit enables approximately 0.159% premium and $88.03 in profits.
In terms of premium rankings, Quiztok (QTCON) stands out with approximately 115.66% premium in trading between Gate.io and Bithumb. ALEX Lab (ALEX) also showed over 50% premium on both exchanges. Enzyme (MLN) demonstrated notable performance with a 46.07% premium opportunity between Binance and HTX.
This analysis indicates that while assets with higher premiums offer greater profit potential, variables such as deposit/withdrawal times, transaction fees, and exchange risks must be carefully considered. Particularly, markets like Upbit and Bithumb traditionally show high premiums, making them key target markets for arbitrage portfolios.
All arbitrage trades must be pre-checked for real-time price fluctuations between exchanges, trading volumes, and deposit/withdrawal availability, and risk management strategies must be implemented due to high market volatility.
High premiums reflect liquidity shortages, supply imbalances, and changes in investor sentiment, indicating potential arbitrage opportunities.
Meanwhile, arbitrage is a strategy of realizing short-term profits by exploiting price differences between exchanges. Some assets maintain premium values within ยฑ20% range for just 5 minutes, showing how quickly price differences can disappear. Additional variables like exchange policies, fund transfer restrictions, and liquidity issues must be considered, and transfer/withdrawal fees and transmission times can also impact profitability.
DATAMAXIPLUS is a cryptocurrency market data platform that collects, analyzes, and visualizes real-time data from various exchanges and markets. It provides real-time arbitrage opportunity information including price differences, premiums, funding rates, and trading volumes across domestic exchanges like Upbit, Bithumb, Coinone, Korbit, Gopax, and international exchanges like Binance, Huobi, OKX, Bybit, gate.io, and Hashkey Global.
[This article does not provide financial advice, and investment outcomes are the sole responsibility of the investor.]
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