Arbitrage
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X @Investopedia
Investopedia· 2025-07-20 07:00
Arbitrage is the simultaneous purchase and sale of the same asset in different markets to profit from a difference in its price. https://t.co/Muyw5wFxBE ...
X @Bloomberg
Bloomberg· 2025-07-15 21:36
Market Trends - Bitcoin's record-breaking rally is prompting hedge funds to revisit Ether arbitrage strategies [1]
有色套利早报-20250715
Yong An Qi Huo· 2025-07-15 00:47
Group 1: Report Core Information - The report is a non - industry - investment - rated colored metals arbitrage morning report, covering copper, zinc, aluminum, nickel, lead, and tin on July 15, 2025 [1] Group 2: Cross - Market Arbitrage Copper - Spot price: domestic 78,460, LME 9,613, ratio 8.17; March price: domestic 78,290, LME 9,676, ratio 8.10; equilibrium ratio for spot import 8.16, spot export profit - 254.93 [1] Zinc - Spot price: domestic 22,200, LME 2,733, ratio 8.12; March price: domestic 22,235, LME 2,739, ratio 6.22; equilibrium ratio for spot import 8.66, spot import profit - 1469.86 [1] Aluminum - Spot price: domestic 20,470, LME 2,586, ratio 7.91; March price: domestic 20,375, LME 2,589, ratio 7.87; equilibrium ratio for spot import 8.50, spot import profit - 1521.63 [1] Nickel - Spot price: domestic 120,000, LME 15,010, ratio 7.99; equilibrium ratio for spot import 8.24, spot import profit - 2894.10 [1] Lead - Spot price: domestic 16,800, LME 1,983, ratio 8.51; March price: domestic 17,115, LME 2,016, ratio 10.99; equilibrium ratio for spot import 8.84, spot import profit - 652.22 [3] Group 3: Cross - Period Arbitrage Copper - Spreads (next - spot, March - spot, April - spot, May - spot): - 170, - 280, - 360, - 400; theoretical spreads: 495, 888, 1290, 1691 [4] Zinc - Spreads (next - spot, March - spot, April - spot, May - spot): - 85, - 100, - 125, - 145; theoretical spreads: 215, 335, 456, 577 [4] Aluminum - Spreads (next - spot, March - spot, April - spot, May - spot): - 420, - 460, - 520, - 575; theoretical spreads: 215, 331, 448, 564 [4] Lead - Spreads (next - spot, March - spot, April - spot, May - spot): 40, 70, 95, 55; theoretical spreads: 210, 316, 423, 529 [4] Nickel - Spreads (next - spot, March - spot, April - spot, May - spot): - 200, - 80, 60, 280 [4] Tin - 5 - 1 spread: 460, theoretical spread: 5505 [4] Group 4: Spot - Futures Arbitrage Copper - Spreads (current - spot, next - spot): 145, - 25; theoretical spreads: 97, 507 [4] Zinc - Spreads (current - spot, next - spot): 135, 50; theoretical spreads: 77, 206; also, another set of spreads (current - spot, next - spot): 135, 50; theoretical spreads: 127, 189 [4][5] Lead - Spreads (current - spot, next - spot): 245, 285; theoretical spreads: 112, 224 [5] Group 5: Cross - Variety Arbitrage - Ratios of copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, lead/zinc: Shanghai (triple - continuous) 3.52, 3.84, 4.57, 0.92, 1.19, 0.77; London (triple - continuous) 3.52, 3.71, 4.80, 0.95, 1.29, 0.73 [5]
有色套利早报-20250709
Yong An Qi Huo· 2025-07-09 01:10
Report Summary 1. Report Industry Investment Rating No industry investment rating is provided in the report. 2. Core View The report presents cross - market, cross - period, and cross - variety arbitrage tracking data for various non - ferrous metals on July 9, 2025, including copper, zinc, aluminum, nickel, lead, and tin, to provide information for potential arbitrage opportunities [1][3][4]. 3. Summary by Category Cross - market Arbitrage Tracking - **Copper**: On July 9, 2025, the domestic spot price was 79,800, the LME spot price was 9,903, with a ratio of 8.04; the three - month domestic price was 79,450, the LME price was 9,852, with a ratio of 8.07. The equilibrium ratio for spot import was 8.15, with a loss of 844.96, and a profit of 665.89 for spot export [1]. - **Zinc**: The domestic spot price was 22,020, the LME spot price was 2,679, with a ratio of 8.22; the three - month domestic price was 21,960, the LME price was 2,689, with a ratio of 6.35. The equilibrium ratio for spot import was 8.68, with a loss of 1,226.55 [1]. - **Aluminum**: The domestic spot price was 20,610, the LME spot price was 2,584, with a ratio of 7.97; the three - month domestic price was 20,470, the LME price was 2,585, with a ratio of 7.93. The equilibrium ratio for spot import was 8.51, with a loss of 1,397.68 [1]. - **Nickel**: The domestic spot price was 119,300, the LME spot price was 14,917, with a ratio of 8.00. The equilibrium ratio for spot import was 8.25, with a loss of 2,643.68 [1]. - **Lead**: The domestic spot price was 16,875, the LME spot price was 2,023, with a ratio of 8.35; the three - month domestic price was 17,190, the LME price was 2,047, with a ratio of 10.73. The equilibrium ratio for spot import was 8.84, with a loss of 983.40 [3]. Cross - period Arbitrage Tracking - **Copper**: On July 9, 2025, the spreads for次月 - spot month, three - month - spot month, four - month - spot month, and five - month - spot month were 70, - 100, - 340, and - 550 respectively, while the theoretical spreads were 500, 898, 1304, and 1711 [4]. - **Zinc**: The spreads for次月 - spot month, three - month - spot month, four - month - spot month, and five - month - spot month were - 85, - 175, - 245, and - 300 respectively, and the theoretical spreads were 214, 333, 453, and 573 [4]. - **Aluminum**: The spreads for次月 - spot month, three - month - spot month, four - month - spot month, and five - month - spot month were - 90, - 145, - 225, and - 300 respectively, and the theoretical spreads were 214, 329, 444, and 559 [4]. - **Lead**: The spreads for次月 - spot month, three - month - spot month, four - month - spot month, and five - month - spot month were - 5, 25, 10, and 5 respectively, and the theoretical spreads were 211, 318, 424, and 531 [4]. - **Nickel**: The spreads for次月 - spot month, three - month - spot month, four - month - spot month, and five - month - spot month were 130, 250, 370, and 600 respectively [4]. - **Tin**: The 5 - 1 spread was - 1030, and the theoretical spread was 5483 [4]. Cross - variety Arbitrage Tracking - On July 9, 2025, the ratios for copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, and lead/zinc in Shanghai (three - continuous) were 3.62, 3.88, 4.62, 0.93, 1.19, and 0.78 respectively; in London (three - continuous) were 3.60, 3.79, 4.76, 0.95, 1.26, and 0.76 respectively [5].
X @aixbt
aixbt· 2025-07-07 22:34
245% apy on sYUSD including points rewards• 12.6% base yield, $3.1m liquidity• 3,850 daily points per dollar• silo v2 accepts LP tokens as collateral• morpho leveraged positions hitting 30%arbitrage: YT-sUSDf delivering 36x falcon miles vs 1x predictedbuying YT tokens = 98% discount for same rewards exposure vs direct token purchase ...
X @Bloomberg
Bloomberg· 2025-07-02 12:06
Market Restructuring - Brokerages in Argentina are restructuring following President Milei's removal of capital controls [1] - The removal of capital controls eliminated lucrative arbitrage opportunities for brokerages [1]
有色套利早报-20250702
Yong An Qi Huo· 2025-07-02 01:20
Report Summary 1) Report Industry Investment Rating No investment rating information is provided in the report. 2) Core View The report presents cross - market, cross - period, and cross - variety arbitrage tracking data for various non - ferrous metals on July 2, 2025, including copper, zinc, aluminum, nickel, lead, and tin, to help investors find potential arbitrage opportunities. 3) Summary by Related Catalogs Cross - Market Arbitrage Tracking - **Copper**: On July 2, 2025, the domestic spot price was 80190, the LME spot price was 10083, with a spot import equilibrium ratio of 8.14 and a loss of 1085.77. The domestic three - month price was 80390, the LME three - month price was 9967, and the ratio was 8.00 [1]. - **Zinc**: The domestic spot price was 22290, the LME spot price was 2721, with a spot import equilibrium ratio of 8.65 and a loss of 1256.15. The domestic three - month price was 22195, the LME three - month price was 2740, and the ratio was 6.25 [1]. - **Aluminum**: The domestic spot price was 20780, the LME spot price was 2606, with a spot import equilibrium ratio of 8.51 and a loss of 1396.28. The domestic three - month price was 20545, the LME three - month price was 2607, and the ratio was 7.88 [1]. - **Nickel**: The domestic spot price was 119250, the LME spot price was 15021, with a spot import equilibrium ratio of 8.23 and a loss of 2691.60 [1]. - **Lead**: The domestic spot price was 16900, the LME spot price was 2010, with a spot import equilibrium ratio of 8.83 and a loss of 810.93. The domestic three - month price was 17130, the LME three - month price was 2042, and the ratio was 10.86 [1][3]. Cross - Period Arbitrage Tracking - **Copper**: The spreads between the next month, three - month, four - month, and five - month contracts and the spot month were 540, 290, 0, and - 230 respectively, while the theoretical spreads were 503, 903, 1313, and 1722 [4]. - **Zinc**: The spreads were - 325, - 385, - 440, and - 490, and the theoretical spreads were 216, 338, 460, and 582 [4]. - **Aluminum**: The spreads were - 95, - 185, - 295, and - 410, and the theoretical spreads were 215, 330, 446, and 562 [4]. - **Lead**: The spreads were - 70, - 40, - 45, and - 60, and the theoretical spreads were 211, 318, 425, and 531 [4]. - **Nickel**: The spreads were 100, 250, 410, and 580 [4]. - **Tin**: The 5 - 1 spread was - 1830, and the theoretical spread was 5527 [4]. Cross - Variety Arbitrage Tracking - The ratios of copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, and lead/zinc in Shanghai (continuous three - month contracts) were 3.62, 3.91, 4.69, 0.93, 1.20, and 0.77 respectively, and in London (continuous three - month contracts) were 3.66, 3.82, 4.87, 0.96, 1.28, and 0.75 [8]. Spot - Futures Arbitrage Tracking - **Copper**: The spreads between the current - month and next - month contracts and the spot were - 70 and 470, and the theoretical spreads were 261 and 784 [4]. - **Zinc**: The spreads were 290 and - 35, and the theoretical spreads were 121 and 232 [4][5]. - **Lead**: The spreads were 270 and 200, and the theoretical spreads were 164 and 277 [5].
X @Token Terminal 📊
Token Terminal 📊· 2025-06-30 08:32
RT Chunk (@allred_chase)Arb is open for business ...
有色套利早报-20250604
Yong An Qi Huo· 2025-06-04 14:11
Report Industry Investment Rating - No information provided Core View - The report presents the cross - market, cross - period, and cross - variety arbitrage tracking data of various non - ferrous metals (copper, zinc, aluminum, nickel, lead, etc.) on June 4, 2025, including domestic prices, LME prices, price ratios, equilibrium price ratios, and profit margins [1][4][7] Summary by Relevant Catalogs Cross - Market Arbitrage Tracking - **Copper**: On June 4, 2025, the domestic spot price was 78380, the LME spot price was 9597, the spot ratio was 8.14, the equilibrium ratio for spot import was 8.21, and the profit was - 652.82; the domestic March price was 77490, the LME March price was 9545, and the March ratio was 8.17 [1] - **Zinc**: The domestic spot price was 22800, the LME spot price was 2645, the spot ratio was 8.62, the equilibrium ratio for spot import was 8.73, and the profit was - 278.64; the domestic March price was 21940, the LME March price was 2670, and the March ratio was 6.20 [1] - **Aluminum**: The domestic spot price was 20120, the LME spot price was 2438, the spot ratio was 8.25, the equilibrium ratio for spot import was 8.66, and the profit was - 1010.08; the domestic March price was 19790, the LME March price was 2442, and the March ratio was 8.15 [1] - **Nickel**: The domestic spot price was 123000, the LME spot price was 15209, the spot ratio was 8.09, the equilibrium ratio for spot import was 8.27, and the profit was - 3743.49 [1] - **Lead**: The domestic spot price was 16350, the LME spot price was 1949, the spot ratio was 8.40; the domestic March price was 16570, the LME March price was 1969, the March ratio was 11.27, the equilibrium ratio for spot import was 8.91, and the profit was - 995.72 [3] Cross - Period Arbitrage Tracking - **Copper**: On June 4, 2025, the spreads between the next month, March, April, May, and the spot month were - 280, - 440, - 630, - 870 respectively, and the theoretical spreads were 492, 881, 1280, 1679 respectively [4] - **Zinc**: The spreads were - 470, - 710, - 890, - 990 respectively, and the theoretical spreads were 216, 339, 461, 583 respectively [4] - **Aluminum**: The spreads were - 315, - 385, - 425, - 475 respectively, and the theoretical spreads were 212, 325, 438, 551 respectively [4] - **Lead**: The spreads were 35, 35, 20, 25 respectively, and the theoretical spreads were 208, 311, 415, 519 respectively [4] - **Nickel**: The spreads of the next month, March, April, and May compared to the spot month were 1160, 1380, 1550, 1720 respectively [4] - **Tin**: The spread of 5 - 1 was 730, and the theoretical spread was 5207 [4] Cross - Variety Arbitrage Tracking - On June 4, 2025, for copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, and lead/zinc, the Shanghai (three - continuous) ratios were 3.53, 3.92, 4.68, 0.90, 1.19, 0.76 respectively, and the London (three - continuous) ratios were 3.56, 3.91, 4.85, 0.91, 1.24, 0.73 respectively [7]