Try Quests to earn cryptoSolana Bounties: Stablecoin Arbitrage on Jupiter
Q40. Because Jupiter is a dex aggregator, there are naturally opportunities where one could take advantage of liquidity pairs across the ecosystem to create arbitrage.
Jupiter Aggregator, has its Liquidity Aggregator and Swap Infra for Solana. Jupiter probably is the best swap aggregator and key liquidity infrastructure helping smart traders and developers find the best price for any token, anywhere. Once Jupitter ggregator context has been explained, let's take a look into arbittrage. Arbitrage describes the act of buying an asset in one market and simultaneously selling it in another market at a higher price, thereby enabling investors to profit from the temporary difference in cost per share.
In this report will be analyzed the percentage of all swaps that can be identified as arbitrage stablecoin swaps (size of at least $100) with at least 1% gain.
In the following chart we can see how many trades where profitable vs how many trades have been done. Moreover, in the next chart we can see the daily profit ratio.
In addition, in the next chart we can see the daily profit ratio vs daily non_profit ratio
In the next list, we can seehe top 10 wallets in terms of total arbitrage gains. In addition we can see profit perecentage of each wallet.
It would be interesting to analyze the strategy of those wallets which have their profit_percentage above the others. In the next chart daily profit of the TOP 10 wallets will be shown.
In this report arbitrage and jupiter aggregator have been explained in order to understand the importance of this kind of swaps on the crypto market. In addition, all transactions have been analysed to determine which of them had a profit of more than 1%, and thus the top 10 wallets have been determined.