When price tumbles = arbitrage opportunity

I kinda love to search for some arbitrage opportunity here and there and normally when prices starts to tumble or a sudden spike, thats where we get to see crazy opportunities for these type of trades especially in DEX ( Decentralized exchanges ).

This really rare occation was done once again on the Polkaswap dex where I was just swapping between 2 coins to gain almost double the value.

I first swap 100 PSWAP and was able to get 10.14 FANS token.

And once that was done .. I just had to swap back FANS token into PSWAP.

well .. I had a bit of FANS token left thats why its 11 in oppose to 10.xxx

So that was pretty much an instant 156 more PSWAP tokens ?? Crazy right ????

I did have to try a few times as the transaction had failed. However it finally did manage to get thru and after swapping a few times over ... the Arbitrage opportunity was no more there.

The idea was to trade in smaller amount at a time and not large amount as that would have impacted the price almost immediately.

Well ... thats just my way of doing it. You could give it a try on all these different DEXs. Who knows .. you'd get lucky and find a few really nice trades.

Cheers and have a brilliant weekend !

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