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 providing the best arbitrage opportunities. [Editor's Note]
According to the global cryptocurrency market monitoring platform DATAMAXIPLUS as of 9 PM on June 25, 2024, BLUE, MASK, and KLV were identified as the assets offering the highest arbitrage opportunities.
BLUE can be purchased at $0.11155 on Hashkey Global exchange and sold for approximately $0.11317 (converted to 152.59 won) on Bithumb, generating about a 0.9% premium with an expected profit of $348.28. The same BLUE asset shows an arbitrage opportunity of approximately $339.03 with a 0.91% premium on Bitget exchange.
The MASK coin can also be bought at around $1.762 on OKX or Bybit exchanges and sold on Upbit for $1.77676 (converted to 2,374.64 won), offering about a 0.71% premium with an expected profit of $320.19. A similar opportunity exists on Binance exchange with around $310.39 in potential profit.
These arbitrage opportunities continue to be detected due to exchange rate differences between overseas and domestic exchanges, as well as liquidity variations. Particularly, BLUE and MASK are classified as assets with high potential for realistic profit realization due to relatively stable trading volumes.
In terms of premium ranking, Klever (KLV) is drawing attention. By purchasing at $0.002007 on MEXC exchange and selling at $0.0037465 on HTX, approximately an 85.28% premium can be generated, with the trading pair showing liquidity of around $1.8 million.
Additionally, Radiant Capital (RDNT) has also made it to the top premium list. By purchasing at around $0.0251 on Bybit, OKX, Bitget, and MEXC futures markets and selling at $0.03825 on HTX spot market, an arbitrage of approximately 49-50% can be realized.
Comprehensively, BLUE, MASK, KLV, and RDNT are emerging as a feasible arbitrage portfolio by utilizing price differences between USDT-based global markets and domestic markets based on Korean won or USDT. Particularly, exchange transfer speed, fees, and exchange rate risks are identified as key factors in profit realization.
High premiums reflect liquidity shortages, supply-demand imbalances, and changes in investment sentiment, indicating potential arbitrage opportunities.
Meanwhile, arbitrage is a strategy of realizing short-term profits by leveraging price differences between exchanges. Some assets may have price differences that quickly disappear, with premiums maintained within ยฑ20% for just 5 minutes. Additionally, various variables such as exchange policies, fund transfer restrictions, and liquidity issues must be considered, and transfer and 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 core data for real-time arbitrage strategy verification, including price differences, premiums, funding rates, and trading volumes across domestic exchanges like Upbit, Bithumb, Coinone, Korbit, and Gopax, and international exchanges such as Binance, Huobi, OKX, Bybit, Gate.io, and Hashkey Global.
[This article does not provide financial advice, and the investment results are the sole responsibility of the investor.]
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