Arbitrage/On-chain Atomic Arbitrage Discussion

[Anonymous No.18946641]

So does anyone here have a bot or use something like CryptoHopper to arbitrage trade? Its too hard to compete with a lot of large MCAPS that have high liquidity but I see no reason you couldn't skim something off the top on less used pairs with enough liquidity or on exchanges that don't get as much use and thus less competition.

The other thing that is seems incredibly attractive is flashloans being used to do on-chain arbitrage. A smartcontract would go through and use all the Dexes in order to find a disparity. If the smart contract can't return the loan and end chain step it undoes the whole thing, but the ETH gas is lost. Its basically guaranteed arbitrage which is insane. It always adds liquidity to all pairs and helps large gaps in price bid/ask.

The only thing I could find was the Saturn Network, which seems like a pool where you invest in the token and you get a percentage of the arbitrage contracts being performed. The concept is insane honestly and incredibly profitable, but Saturn seems like it won't ever take off. The exchange has basically 0 volume