Okay, I just bought $CMST, the @ComdexOfficial stable coin, for $0.97 and $0.96.
Cool.
But look at the asks and bids column: people are currently buying $CMST for $0.98 ... and more!
Do you want to see a stupid-simple arb? Do you?
So, I set a sell limit-order for my $CMST that I just bought for $0.98, smack-dab in they buy-range.
That sucks up all the buy orders at $0.98 and higher BUT NOT LESS. I instantly lock-in profit on this sale.
And I mean instantly. The sell order hits. I claim it, then clear it
- So I BOUGHT $CMST for $0.9687296646-per
- and SOLD it right back for $1.0039.
Granted, it was only 1.6 $CMST that I did this for. So what?
The 'so what' is that people were buy above what I bought the token for.
Keep watch, because these are insta-wins: just add arb for WIN!
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