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How could you be in the red? the number of risk free arbitrage opportunities is frankly staggering. Everywhere you look: futures, options, defi, etc there are juicy arbs all over the place.

For example, short term btc futures are often trading at 30% annualized basis over spot. By taking on zero risk (except for exchange risk), you can easily capture somewhere between a 20 and 30 percent annualized return.

It's just too easy, and many professional crypto trading firms are making in excess of 25% per month with low net crypto delta



Aren't size of arbitrage opportunities and exchange risk inversely correlated?

I wouldn't discount exchange risk too much...


You're 100% right. Exchange risk is an important component. Even so, there are great profits to be made.




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