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 offering the best arbitrage opportunities. [Editor's Note]
As of 9 PM on May 24th, according to DataMaxiPlus, the most significant arbitrage opportunities were identified in Numeraire (NMR), Ardor (ARDR), and Polygon Ecosystem Token (POL).
For NMR, arbitrage opportunities appeared across various exchanges. Specifically, when purchasing at 8.965 USDT on Binance and selling at 9.03 KRW on Bithumb, a premium of approximately 0.57% can be realized. The estimated profit from this trade is about $260.12, with a transfer time of around 768 seconds and fees of approximately $2.42.
For the same NMR, buying on MEXC and selling on Bithumb yields a premium of about 0.50%, with a profit of around $253.26. Trading between Bitget and Bithumb offers a premium of about 0.46%, generating a profit of $248.70. The Bitget transaction has a notably short transfer time of about 144 seconds.
ARDR can be purchased at 0.10685 USDT on Huobi and sold at 0.10801 KRW on Upbit, generating a premium of about 0.47% with an estimated profit of around $244.90. The transfer time is approximately 1 hour, with fees around $0.21.
POL can be bought at 0.237 USDT on HashKey Global and sold at 0.23884 KRW on Bithumb, offering a premium of about 0.41% with a potential profit of around $244.03, and fees of $0.0379.
In summary, NMR currently offers the highest potential profit, with selling strategies targeting Bithumb being key. Most of these trades involve purchasing in USDT markets and selling in KRW markets, requiring precise analysis of real-time rates, transfer times, and fees.
Top Premium Assets
Additionally, Klever (KLV) and Radiant Capital (RDNT) are notable for their high premiums. KLV can be purchased at 0.0020755 USDT on MEXC and sold at 0.0036845 USDT on HTX, presenting a premium of approximately 76.7%. Both exchanges offer spot trading with sufficient liquidity.
For RDNT, futures-spot arbitrage strategies are effective. Buying on futures markets of Bitget, MEXC, Bybit, and OKX and selling on HTX spot market yields a premium of about 29.5-29.6%. As an Arbitrum-based token, it's crucial to verify HTX's deposit and withdrawal capabilities before trading.
Such arbitrage opportunities are sensitive to short-term price movements, necessitating constant updates and meticulous analysis of transfer times, fees, and price slippage before actual trading.
High premiums reflect liquidity shortages, supply-demand imbalances, and changes in market 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 as little as 5 minutes, meaning price differences can quickly disappear. Additional variables like exchange policies, fund transfer restrictions, and liquidity issues must be considered, with transfer and withdrawal fees and transaction times also impacting profitability.
[This article does not provide financial advice, and investment outcomes are the sole responsibility of the investor.]
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