The script bought 5 BTC on the lower exchange. It simultaneously sold it on the higher one, exploiting the inefficiency. The screen showed red for a fraction of a second. This was the cost of moving the assets. Then, the green numbers appeared.
It was 0.05% of his capital, multiplied by the velocity of speed. But it was risk-less profit. As the arbitrage closed, the price difference narrowed. The market inefficiency evaporated. The ArbCore bot immediately began scanning for the next gap. thearbitragetrader.com
Disclaimer: Arbitrage trading involves risks, including technology failures, exchange fees, and price volatility during asset transfers. The script bought 5 BTC on the lower exchange
Elias watched the two screens. The data flickered rapidly. On the left, CoinbasePro showed BTC at $20,020. On the right, Gemini flashed $20,000. This was a two-dollar difference. Retail investors often ignored it. However, for Elias, this was the "phantom spread." This was the cost of moving the assets
The arbitrage trader’s life was not in the big bets, but in the micro-seconds.