Inter-exchange crypto arbitrage on Gate and Mexc exchanges

What is arbitrage with holding a token

The essence of this type of arbitrage is that if I purchased some coin as a long-term investment, then I can arbitrage it between exchanges when a spread appears. For example, I have a coin stored on exchange X. On exchange X at some point it costs $6, and on exchange Y it costs $5.9. I can sell a coin on exchange X and buy it cheaper on exchange Y.

I arbitraged the HEART coin. I bought it on the Gate and MEXC exchanges. The screener regularly sends notifications regarding the presence of a spread between these exchanges. It’s especially nice that the spread can be in either direction. So you can buy on MEXC and sell on Gate and, conversely, buy on Gate and sell on MEXC.

1. Buy on MEXC and sell on Gate

If the price on Gate was higher than the price on MEXC, then I bought on MEXC and sold on Gate.
Bought on MEXC:

Sold on Gate:

For easy calculation, I have summarized all the data in a table:

The profit was $5.21.

2. Buy on Gate and sell on MEXC

If the price on MEXC was higher than the price on Gate, then I bought on Gate and sold on MEXC.

Bought on Gate:

Sold on MEXC:

Summary table:

The profit was $10,796.

The total profit on this token was $16 or 1.75% in percentage terms.

This case is for those who are new to crypto or for someone who have a small balance.

We support a large number of exchanges, so choose the one that best suits your needs.

See and read our other cases on arbitrage. In the last case study, we told you about Funding Rate Arbitrage and how our clients earn on it.