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 generate profit. Using real-time data, we have compiled the top assets offering the best arbitrage opportunities. [Editor's Note]
According to the arbitrage portfolio announced by DATAMAXIPLUS as of 12 PM on June 11th, significant profit opportunities were identified in altcoins including Shiba Inu (SHIB), Merlin Chain (MERL), and Gravity (G).
For SHIB, buying on Korbit and selling on Gate.io's USDC market can expect about 0.55% premium, generating approximately $143.78 in profit for a $10,000 trade. The 24-hour premium change rate is +0.26%, with transfer fees around 80,000 SHIB.
MERL shows about 0.15% premium when bought on Coinone and sold on HashKey Global's USDT market, with expected profit of $139.75. The premium change rate is +2.48%, which is considered a relatively stable arbitrage opportunity.
For G, buying on Upbit and selling on Bitget can expect about 0.22% premium and $139.22 in profit. Transfer time is approximately 144 seconds, with fees around 37.2 G.
For Bitcoin (BTC), two trading pairs are valid. Buying on Korbit and selling on OKX generates about 0.12% premium with profit around $136.56, and transfer fees estimated at 0.0008 BTC. Another pair involves buying on Upbit and selling on Bitget, yielding about 0.18% premium and $135.51 in profit.
Meanwhile, for ZK (zkSync), as of June 2024, HTX exchange shows premiums up to 39.34% due to high buy orders. Buying at 0.06056 USDT on Binance and selling at 0.08525 USDT on HTX offers the largest arbitrage. Similar strategies are valid on Gate.io, OKX, MEXC, Bithumb, and other exchanges.
However, such arbitrage can vary in profitability due to transfer time, liquidity, withdrawal restrictions, and network fees, requiring careful investment consideration.
High premiums reflect liquidity shortages, supply-demand imbalances, and changes in investor sentiment, indicating potential arbitrage opportunities.
Arbitrage is a strategy of realizing short-term profits by exploiting price differences between exchanges. Some assets maintain premium values within ±20% for just 5 minutes, showing how quickly price differences can disappear. Additional variables like exchange policies, fund transfer restrictions, and liquidity must be considered, with transfer and withdrawal fees and transmission time also impacting profitability.
DATAMAXIPLUS is a cryptocurrency market data platform that collects and analyzes 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, and Gopax, and international exchanges like Binance, Huobi, OKX, Bybit, gate.io, and HashKey Global.
[This article does not provide financial advice, and investment results are the sole responsibility of the investor.]
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