@deniskursakov.base.eth
Arbitrage bot on Polymarket made over $130k in 2 weeks
Almost perfect PNL. Stable mouth, identical trades, identical actions.
A classic example: buying UP and DOWN on the same coin, selected time interval, for example, 15 minutes.
Limit orders are opened to buy UP + DOWN < $1. For example, $0.48 UP and $0.48 DOWN. Or $0.26 UP + $0.71 DOWN.
One of the outcomes is sure to win. The bot takes the profit as follows:
When 15 minutes pass, both trades are closed and the bot takes a percentage profit equal to:
$1 - (price UP + DOWN) * 100.
In the case of $0.48 UP and $0.48 DOWN, the bot takes: $1 - $0.96 * 100 = 4% profit.
This is not the first bot of its kind; this strategy has been working for over a month, and more and more bots are appearing on the market.
Market in comments