- The platform runs four arbitrage strategies: Current, Daily, Funding and Order book. They earn from DIFFERENT sources and demand different involvement.
- The key split: one-off trades on price dislocations (Current, Order book, partly Daily) versus a positional FLOW (Funding — you sit for days and collect settlements).
- Every strategy shows an honest net: after round-trip fees, book-walked slippage and (for funding) the borrow cost. The risk light is always separate from the profit number.
Arbitrage here means extracting profit from market inefficiencies without betting on price direction: the constructions are either delta-neutral (two legs cancel the price move) or so short-lived that direction barely matters. Each strategy is its own search mode with its own cards and indicators. This page is the map; each strategy has its own detailed article linked below.
What strategies are there and how do they differ?
| Current | Daily | Funding | Order book | |
|---|---|---|---|---|
| Profit from | a cross-exchange price spread closing | recurring spreads that converge in a pattern | the funding-rate flow (rate × time) | the bid-ask spread inside one book |
| Where | 2 exchanges (spot/perp) | 2 exchanges + convergence statistics | 1 exchange (spot+perp) or 2 (perp↔perp) | 1 exchange, 1 pair |
| Construction | buy where cheaper → sell where dearer | the same, entered on a recurring pattern | delta-neutral: two legs cancel the price | maker limit orders: buy at bid → sell at ask |
| Order type | taker (market) | taker (market) | taker (market) | MAKER (limit) |
| Horizon | minutes–hours | hours–a day (per pattern) | days–weeks | intraday, many round-trips |
| Involvement | high — monitoring, one-off trades | medium — enter on the signal | selection at entry + alerts | high — requoting orders |
| Price (directional) risk | low on the short window | low–medium | none (delta-neutral); basis risk remains | REAL: you hold inventory between fills |
| Main risk | the spread never converges; transfers | the pattern breaks | the rate flips sign; borrow cost (negative funding) | a falling price on inventory; a dead book |
| Key indicators | REAL book-walked spread, risk score, networks/transfers | convergence count at your threshold | fee break-even, 7d norm, «cycle» chip, venue agreement | book score, volatility, wash check |
| Details | Current / Daily | Current / Daily | Funding | Order book |
Current — how does a cross-exchange spread earn?
The same coin trades at different prices on two exchanges. You buy where it is cheaper and sell where it is dearer; the profit is locked in when the spread converges. It is a ONE-OFF trade: the dislocation appears, you work it, it closes. What decides the outcome: the REAL spread (walked through the order books for your position size — the headline “nominal” spread is often unexecutable), the round-trip fees on both legs, and — for spot-spot — whether the coin can actually be moved between the venues (networks, transfer time). The risk score exists mostly for this strategy: a fat spread on a coin being delisted is a trap, not an opportunity. Details: Current / Daily modes.
Daily — what are recurring spreads?
Some pairs of venues drift apart and converge again regularly — a pattern rather than a one-off event. Instead of catching a live dislocation, Daily ranks pairs by STATISTICS: how many times over the past day the spread converged at your chosen threshold. You enter on the recurring signal and exit on the convergence, so the involvement is lower than Current — the pattern does the timing for you. The number to trust is the convergence count at YOUR threshold (a spread that converges at 0.5% may never converge at 2%), and the main risk is the pattern breaking. Details: Current / Daily modes.
Funding — how does the carry work?
Perpetual futures pay a funding rate between longs and shorts every 8/4/1 hours. A delta-neutral construction (two legs cancel the price move) collects that payment as a FLOW: rate × time, settlement after settlement. This is the one positional strategy: a single settlement almost never covers the round-trip fees (~0.01–0.05% collected vs ~0.2–0.3% fees), so the card’s “fees paid off in ~N days” is literally the minimum sensible hold. All the indicators serve the SELECTION: the 7d norm and sign stability (is the current rate typical), the «cycle» chip (streak, flips, venue agreement, the basis as a leading flip signal), and for negative funding — the honest net AFTER the borrow cost. While you hold, the platform watches for you: a funding-flip alert arrives in Telegram within ~5 minutes. Details: Funding search.
Order book — how does the maker earn?
One exchange, one pair: post a limit buy at the bid and a limit sell at the ask, and earn the spread between them minus two maker fees — many small round-trips a day. Unlike every other strategy it is NOT delta-neutral: between the buy fill and the sell fill you hold the coin as inventory, so a falling price is a real loss, and a “dead” book that fills your buy but never your sell is the classic trap. The book score rates exactly that: fill flow, ask capturability, volume honesty (wash check), volatility. Details: Order book.
How do I choose a strategy?
By the time you can give it. Want to trade actively and catch moments — Current or Order book. Want minimal screen time — Funding: the work is choosing the card well (the indicators above), then the alerts carry the watch. Daily sits in between: enter on a statistical signal, exit on convergence. Whichever you pick, the reading rules are the same everywhere: the profit number is always NET (after fees, slippage, borrow), the risk light is separate from the profit, and «Best options» on every tab pre-filters to variants whose net is actually positive. Start on demo — every strategy can be traded end-to-end without real money.
All figures are estimates from live market data; they change in real time and none of this is financial advice. Each strategy’s article covers its specific risks in depth.