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有色套利早报-20250821
Yong An Qi Huo· 2025-08-21 01:06
跨期套利跟踪 2025/08/21 铜 次月-现货月 三月-现货月 四月-现货月 五月-现货月 价差 -260 -280 -280 -310 理论价差 496 891 1294 1698 锌 次月-现货月 三月-现货月 四月-现货月 五月-现货月 价差 -20 -35 -40 -45 理论价差 214 335 455 576 铝 次月-现货月 三月-现货月四月-现货月 五月-现货月 价差 -30 -65 -90 -115 理论价差 214 329 443 558 铅 次月-现货月 三月-现货 月 四月-现货月 五月-现货月 价差 -85 -70 -40 -20 理论价差 209 314 419 525 镍 次月-现货月 三月-现货月 四月-现货 月 五月-现货月 价差 -270 -30 180 420 锡 5-1 价差 2810 理论价差 5556 期现套利跟踪 2025/08/21 铜 当月合约-现货 次月合约-现货 价差 155 -105 理论价差 452 850 锌 当月合约-现货 次月合约-现货 价差 125 105 理论价差 188 318 锌 当月合约-现货 次月合约-现货 价差 125 105 ...
U.S. accuses India of profiteering from Russian oil
CNBC· 2025-08-19 13:25
Core Viewpoint - The U.S. Treasury Secretary has accused India of profiting from discounted Russian oil imports during the Ukraine war, labeling the practice as "arbitrage" and unacceptable [1]. Group 1: India's Oil Imports - India's imports of Russian oil have significantly increased since the full-scale invasion of Ukraine in February 2022, with India now being Russia's largest customer [2]. - In July, India imported 1.5 million barrels per day (bpd) of Russian oil, according to data from Kpler [2]. - Prior to the invasion, India's imports of Russian crude were minimal [2]. Group 2: Reselling Practices - India is refining the discounted Russian oil into gasoline and diesel and reselling these products to regions that have imposed sanctions on Russia, such as Europe [1]. - This practice has been characterized as "Indian arbitrage" by the U.S. Treasury Secretary, who claims it involves buying cheap Russian oil and reselling it at a profit [1].
X @mert | helius.dev
mert | helius.dev· 2025-08-16 15:15
Key Features of Helius' New Release - Helius introduces a feature allowing users to earn SOL (Solana's cryptocurrency) from their transactions [1] - This feature is completely optional and requires explicit opt-in from the developer [1] Mechanism and Benefits - After a user's transaction executes, if it creates an arbitrage opportunity, the user earns 50% of the rewards [1] - This process is considered "productive MEV" as it helps update prices across exchanges [1] - The process does not affect the user's trade, as arbitrage happens only after the trade is completed [1] - The entire process is verifiable on-chain [1] Risk Mitigation - Searchers involved are KYC'd (Know Your Customer verified), and the transaction has no signature, preventing front-running or sandwich attacks [1]
X @Andre Cronje
Andre Cronje· 2025-08-11 15:52
RT Haris Ebrat (@HarisEbrat)henlo Sonic frens and loopadoorrrs!@Main_St_Finance launched on Sonic a few days ago and smsUSD already got weaponized on @SiloFinance by Internbefore I get into the degen stuff its worth giving a brief run down on Main St since they're the newest addition to Sonic protocols doing something actually innovative.🔷they basically run institutional grade options trading strategies that generate delta-neutral yields, WAT MEEN, they're aiming for making money regardless of market direct ...
X @Messari
Messari· 2025-08-07 13:06
In emerging markets, stablecoins are the new dollars.Explore the booming underground dollar economy👇Khurshed Murtazaqulov (@MKhurshed08):1/ The Underground Dollar Boom: Stablecoin Arbitrage in Emerging MarketsKey takeaways from my latest @MessariCrypto Pro reportStablecoins are growing fast in emerging markets.One of the biggest untold stories? Arbitrage.Here’s why that matters (and why it’s not bad for https://t.co/a6ghMI6Lus ...
有色套利早报-20250805
Yong An Qi Huo· 2025-08-05 00:00
Report Summary 1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Report's Core View - The report presents cross - market, cross - period, spot - futures, and cross - variety arbitrage tracking data for non - ferrous metals (copper, zinc, aluminum, nickel, lead, and tin) on August 5, 2025, including domestic and LME prices, price ratios, spreads, equilibrium price ratios, and theoretical spreads [1][4][5]. 3. Summary by Related Catalogs Cross - Market Arbitrage Tracking - **Copper**: On August 5, 2025, the domestic spot price was 78,420, the LME spot price was 9,625, with a price ratio of 8.16. The equilibrium price ratio for spot import was 8.17, with a profit of - 72.83. The domestic three - month price was 78,330, the LME three - month price was 9,678, with a price ratio of 8.08 [1]. - **Zinc**: The domestic spot price was 22,160, the LME spot price was 2,723, with a price ratio of 8.14. The equilibrium price ratio for spot import was 8.67, with a profit of - 1,454.96. The domestic three - month price was 22,250, the LME three - month price was 2,734, with a price ratio of 6.14 [1]. - **Aluminum**: The domestic spot price was 20,480, the LME spot price was 2,579, with a price ratio of 7.94. The equilibrium price ratio for spot import was 8.49, with a profit of - 1,425.36. The domestic and LME three - month prices were both 20,480 and 2,580 respectively, with a price ratio of 7.93 [1]. - **Nickel**: The domestic spot price was 119,150, the LME spot price was 14,849, with a price ratio of 8.02. The equilibrium price ratio for spot import was 8.25, with a profit of - 1,839.75 [1]. - **Lead**: The domestic spot price was 16,650, the LME spot price was 1,925, with a price ratio of 8.67. The equilibrium price ratio for spot import was 8.87, with a profit of - 367.60. The domestic three - month price was 16,760, the LME three - month price was 1,973, with a price ratio of 11.24 [3]. Cross - Period Arbitrage Tracking - **Copper**: On August 5, 2025, the spreads for the next - month, three - month, four - month, and five - month contracts relative to the spot month were - 60, - 60, - 140, and - 170 respectively, while the theoretical spreads were 494, 886, 1287, and 1688 respectively [4]. - **Zinc**: The spreads were - 35, - 40, - 45, and - 75 respectively, and the theoretical spreads were 214, 335, 455, and 576 respectively [4]. - **Aluminum**: The spreads were - 55, - 100, - 135, and - 195 respectively, and the theoretical spreads were 214, 329, 444, and 559 respectively [4]. - **Lead**: The spreads were 70, 80, 90, and 115 respectively, and the theoretical spreads were 208, 313, 417, and 522 respectively [4]. - **Nickel**: The spreads were 1160, 1260, 1400, and 1670 respectively [4]. - **Tin**: The 5 - 1 spread was - 350, and the theoretical spread was 5534 [4]. Spot - Futures Arbitrage Tracking - **Copper**: The spreads between the current - month and next - month contracts and the spot were - 5 and - 65 respectively, while the theoretical spreads were 221 and 647 respectively [4]. - **Zinc**: The spreads were 130 and 95 respectively, and the theoretical spreads were 127 and 256 respectively [4]. - **Zinc (repeated data)**: The spreads were 130 and 95 respectively, and the theoretical spreads were 130 and 245 respectively [5]. - **Lead**: The spreads were 30 and 100 respectively, and the theoretical spreads were 118 and 229 respectively [5]. Cross - Variety Arbitrage Tracking - On August 5, 2025, the cross - variety price ratios for copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, and lead/zinc were 3.52, 3.82, 4.67, 0.92, 1.22, and 0.75 respectively for the Shanghai (three - continuous) contracts and 3.52, 3.79, 4.94, 0.93, 1.30, and 0.71 respectively for the London (three - continuous) contracts [5].
有色套利早报-20250801
Yong An Qi Huo· 2025-08-01 02:49
Report Industry Investment Rating - Not mentioned in the provided content Report Core View - The report presents cross - market, cross - period, and cross - variety arbitrage tracking data for non - ferrous metals including copper, zinc, aluminum, nickel, lead, and tin on August 1, 2025 [1][3][4] Summary by Directory Cross - Market Arbitrage Tracking - **Copper**: 2025/08/01, domestic spot price 78500, LME spot price 9571, spot price ratio 8.26; domestic March price 78050, LME March price 9622, March price ratio 8.14; spot import equilibrium ratio 8.19, spot import profit - 286.39, spot export profit - 294.28 [1] - **Zinc**: 2025/08/01, domestic spot price 22320, LME spot price 2762, spot price ratio 8.08; domestic March price 22365, LME March price 2769, March price ratio 6.07; spot import equilibrium ratio 8.69, spot import profit - 1680.39 [1] - **Aluminum**: 2025/08/01, domestic spot price 20590, LME spot price 2584, spot price ratio 7.96; domestic March price 20500, LME March price 2587, March price ratio 7.95; spot import equilibrium ratio 8.54, spot import profit - 1503.26 [1] - **Nickel**: 2025/08/01, domestic spot price 119050, LME spot price 14765, spot price ratio 8.06; spot import equilibrium ratio 8.27, spot import profit - 1922.67 [1] - **Lead**: 2025/08/01, domestic spot price 16625, LME spot price 1936, spot price ratio 8.61; domestic March price 16755, LME March price 1977, March price ratio 11.30; spot import equilibrium ratio 8.89, spot import profit - 525.73 [3] Cross - Period Arbitrage Tracking - **Copper**: 2025/08/01, spreads for次月 - 现货月, 三月 - 现货月, 四月 - 现货月, 五月 - 现货月 are - 890, - 880, - 920, - 960 respectively; theoretical spreads are 497, 891, 1295, 1699 respectively [4] - **Zinc**: 2025/08/01, spreads for次月 - 现货月, 三月 - 现货月, 四月 - 现货月, 五月 - 现货月 are - 10, 10, 25, - 10 respectively; theoretical spreads are 215, 336, 456, 577 respectively [4] - **Aluminum**: 2025/08/01, spreads for次月 - 现货月, 三月 - 现货月, 四月 - 现货月, 五月 - 现货月 are - 165, - 175, - 220, - 270 respectively; theoretical spreads are 214, 330, 445, 561 respectively [4] - **Lead**: 2025/08/01, spreads for次月 - 现货月, 三月 - 现货月, 四月 - 现货月, 五月 - 现货月 are - 135, - 115, - 80, - 55 respectively; theoretical spreads are 209, 315, 420, 525 respectively [4] - **Nickel**: 2025/08/01, spreads for次月 - 现货月, 三月 - 现货月, 四月 - 现货月, 五月 - 现货月 are - 1690, - 1520, - 1300, - 1100 respectively [4] - **Tin**: 2025/08/01, 5 - 1 spread is 880, theoretical spread is 5512 [4] Spot - Futures Arbitrage Tracking - **Copper**: 2025/08/01, spreads for 当月合约 - 现货, 次月合约 - 现货 are 385, - 505 respectively; theoretical spreads are 332, 637 respectively [4] - **Zinc**: 2025/08/01, spreads for 当月合约 - 现货, 次月合约 - 现货 are 35, 25 respectively; theoretical spreads are 130, 260 respectively [4] - **Lead**: 2025/08/01, spreads for 当月合约 - 现货, 次月合约 - 现货 are 245, 110 respectively; theoretical spreads are 160, 271 respectively [5] Cross - Variety Arbitrage Tracking - 2025/08/01, ratios for copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, lead/zinc in Shanghai (three - continuous) are 3.49, 3.81, 4.66, 0.92, 1.22, 0.75 respectively; in London (three - continuous) are 3.48, 3.75, 4.88, 0.93, 1.30, 0.71 respectively [5]