What Is Crypto Arbitrage and How Does It Actually Work?

A Bitcoin trader sees two prices on two exchanges. One says $70,000; the other says $70,200.At first glance, the opportunity seems almost embarrassingly simple. Buy on the cheaper exchange, sell on the more expensive one and keep the difference.That basic idea is crypto arbitrage. The complication is that the $200 visible on the screen is not necessarily $200 of profit.The prices shown by trading platforms are not guarantees that an order of any size can be executed at exactly that level. Fees,