While many are waiting for the market to "moon," some traders know that you can earn here and now using the spread — the price difference of the same token across different platforms. Today, we’ll break down how to find such an opportunity between Bidask and other DEXs.
What is a Spread?
It's a "price gap." For example, if $HYDRA is priced at $1.05 on Bidask and $1.10 on another exchange, buying where it's cheaper and selling where it's more expensive allows you to pocket the difference.
Step-by-Step Algorithm:
❎ Pair Monitoring
Choose a token traded on both Bidask and other DEXs (like DeDust or STon.fi). Differences often arise during sharp market moves or after large trades in one of the pools.
❎ Profit Math
Before hitting the Swap button, calculate your net profit:
Profit = (Selling Price - Buying Price) - (Network Fees + Protocol Fees) - Slippage
💡 Important: If the spread is 1% and total fees are 0.6%, your net profit is 0.4%. Always account for TON network gas.
❎ Liquidity Check
If you want to trade a large volume, the price might shift during the exchange. Always pay attention to Price Impact and the state of the pool you are swapping in!
❎ Execution
Buy the asset on the platform with the lower price.
Transfer and instantly sell on the platform with the higher price.
⚠️ Risks:
Speed: Arbitrage bots might close the spread while you're processing the transaction.
Volatility: The price might equalize before you complete the second leg of the trade.
Arbitrage is a game of speed. Use monitoring tools and Bidask’s liquidity to find your own gold mines in the TON ecosystem!
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