[Daily profit from on-chain arbitrage is US$1,200~12,000] According to Lookonchain monitoring, two addresses earn US$1,200~12,000 per day through on-chain arbitrage. The trading strategy is: selling token A on Ethereum causes the price to plummet, while the price of token A on BSC is not affected. Arbitrage can buy token A at a low price on Ethereum, and then cross-chain to BSC and sell it. For example, an arbitrageur spent 370 USDC to buy NGL on Ethereum, crossed the chain to BSC and sold it for 382 DAI. After deducting gas fees, the profit was about 7 US dollars.

However, not all arbitrage is profitable. Another arbitrageur spent 2,000 BUSD to buy DCK on BSC, cross-chained to Ethereum and sold it for 1,998.88 USDT, losing about $21 after gas fees. These two addresses arbitrage 5-10 times per hour, with an hourly profit of 50-500 US dollars and a daily profit of 1,200-12,000 US dollars. The more large sales/buys there are on the chain, the more money the arbitrageur makes. However, this strategy is difficult to implement through manual trading. Arbitrage requires Bots to monitor abnormal transactions on the chain and quickly buy → cross-chain → sell.