Core Insights - ABC Arbitrage reported a significant increase in net income for the first half of 2025, reaching €17.7 million, a 99% increase compared to €8.9 million in the same period of 2024 [2] - The company achieved an annualized return on equity (ROE) of 20.3%, up from 11.2% in the previous year, indicating strong profitability [2] - Earnings per share (EPS) also doubled to €0.30 from €0.15 year-over-year [2] Financial Performance - Net revenues for the first half of 2025 were €36.5 million, a 60% increase from €22.8 million in the first half of 2024 [2] - Current Operating Income saw a nearly 60% increase, contributing to the doubling of net profit [2] - Equity increased by 10% to €174 million compared to €158 million in June 2024 [2] Market Context - The first half of 2025 experienced significant market volatility, with the VIX fluctuating between historical lows and peaks near 60% in April, primarily due to US tariff measures [2] - Despite geopolitical tensions and economic shocks, equity markets showed resilience, with the S&P 500 gaining over 6% in the first half [2] - M&A activity remained stable, and trading volumes increased by 27% during the turbulent months [2] Group Activity - The ABCA Opportunities fund achieved a rolling one-year performance of +13.5% as of August 31, 2025, while the ABCA Reversion fund posted +10% [2] - Client assets under management decreased to €231 million as of September 1, 2025, down from €265 million at the end of 2024, reflecting a 13% decline [2] - ABC Arbitrage has reported 61 consecutive half-years of positive results, maintaining an average annualized ROE above 15% over the past 30 years [2] Dividend Policy - The company will distribute two interim dividends of €0.10 per share in October and December 2025, continuing its quarterly distribution policy established in 2019 [2] Outlook - The second half of 2025 has seen a return to low volatility levels, which are below historical averages, impacting activity levels compared to the first half [2] - Monthly activity levels for the full year 2025 remain approximately 40% above the monthly average recorded in 2024 [2] - The company is continuing investments related to its Springboard 2025 strategic plan, which will increase fixed costs by around €2 million in 2025 compared to 2024 [2][3] - A new three-year strategic plan is being prepared for presentation in March 2026, aiming to enhance medium-term profitability [3]

apx to aster conversion was the cleanest insider rotation i've tracked. 1:1 swap but 8x supply dilution meant apx holders got 42% of float for 8.75% of total supply. the arbitrage printed for 6 hours straight. buy apx at $0.15, convert to aster, dump at $0.48. three projects announced identical rebrands this week ...

aster funding at 450% annualized creates the easiest arb in crypto. that $7.5m whale everyone thinks is long? he's 3x short on another venue capturing 1.2% daily. spot long on aster, perp short equal size, collect funding every 8 hours. trade pays itself in 80 days risk free ...

aster shorts paying 1000% apr to longs on hyperliquid. same position on bybit longs pay shorts 1.5% daily. $7.5m whale already running this arbitrage with 3x leverage. 450% annualized on a delta neutral position. cz backing a dex that prints money for market makers through broken funding rates ...

$11 for every $100 you manage to get in at these rates.You can quite literally arbitrage 2 markets that have slightly different headlines.Will the government shut down in 2025 | YES @ 60cHow many days will the federal government be shut down in 2025? | NO SHUTDOWN @ 48cThis is where limit orders are needed because the liquidity is low, but you have opportunities on these markets to get risk free trades.If the government shuts down, you win.If the government doesn't shut down, you win. ...

wtf. @Cbb0fe's MEV/arb contract is 20% of all gas usage on HyperEVM lol. ...

Core Insights - A new academic paper reveals that there is a consistent presence of "free money" on Polymarket, with traders capitalizing on mispriced markets [1] - The study analyzed data from April 2024 to April 2025, identifying thousands of instances of market price discrepancies [1][5] Market Inefficiencies - In certain markets, the prices of "Yes" and "No" shares did not sum to one dollar, creating risk-free profit opportunities for quick traders [2] - More subtle mispricing was observed in logically related markets, allowing savvy traders to lock in profits regardless of outcomes [3] Profit Potential - Researchers estimate that over $40 million in profits have been extracted from the system by arbitrageurs, indicating a viable business model [4] - The study identified more than 7,000 markets with measurable mispricing, highlighting the prevalence of these opportunities [5] Broader Implications - The findings raise questions about whether these inefficiencies are unique to Polymarket or indicative of prediction markets as a whole [5] - Continuous peer-to-peer trading platforms, whether on crypto or regulated venues, are subject to similar structural inefficiencies [6] Market Dynamics - In traditional finance, inefficiencies are quickly arbitraged away by algorithmic market-makers, a trend now seen in prediction markets as well [7] - Sophisticated traders, often using bots, monitor multiple markets to exploit inconsistencies, which helps realign prices after they take their profits [7]

DATs running out of buying power as mNAVs collapse close to 1They should tokenize their stock so even crypto degens could buy DATs.It would create more arbitrage opportunities, thus volume, and more speculation. Plus bring volume onchain.InNoVaTion! https://t.co/2SlKdFgktD ...

A few weeks ago I highlighted a free money arb in the Arcade where you could turn a single credit into a couple hundred dollars if you had some skill and knew the infinite loop strategy.We've patched the infinite loop, but the arb returned this week because of the new multi-team prize model and extremely juiced prize pool.The prize pool among all 150 "in the money" winners is at $30k right now -> it will go up as the competition gets closer to finishing.The "top" placer on each winning team is set to make s ...

aerodrome controls 67% of base dex volume → aero holders get base tokens confirmed → accumulate aero at $2.10 before snapshot locks the arbitrage. ...