Arbix

On-chain arbitrage opportunity screening — all formats, all chains.

DashboardTrack Record

Research Report · May 2026

On-Chain Arbitrage Screening
All Formats

Comprehensive analysis of 10 DeFi arbitrage types across Solana, Polygon, Arbitrum, Base, Avalanche, and BSC — ranked by net profitability and Arbix feasibility.

Chains Covered

6

Arb Types Screened

10

Top Score

8/10

Executive Summary

Best Opportunity

Funding Rate Arb

Market-neutral, 8–25% APR, accessible with existing infrastructure. Long spot + short perp when Hyperliquid/Drift funding diverges.

Highest Barrier

MEV Bots

$370–500M extracted on Solana alone. One bot earns $13.4M/month. Requires co-location + Rust dev team. Not viable for Phase 1.

Quick Win

Yield Arbitrage

2–5% APY spread between Aave and Morpho/Fluid. Low competition, 24–72h windows, no liquidation risk if supply-only.

Full Ranking — Profitability × Feasibility

10 arbitrage types, ranked.

#1

8

/ 10

Funding Rate Arbitrage

Perp vs Spot

Long spot + short perp (or vice versa) when funding rates diverge. Market-neutral — no directional risk. Hyperliquid pays funding every hour (vs 8h on CEX), enabling faster compounding.

Return Estimate

8–25% APR

Min Capital

$5,000

Competition

Moderate

Chains

Solana, Arbitrum

Observed Spreads

> 0.11%/h threshold for profitability; 0.15%+ ideal. Annualized theoretical: 87.6% APR; realistic 8–25% after fees.

Key Risks

Funding rate mean-reversion in 3–30 hours. No liquidation risk on spot leg.

Tools:

Loris.toolsHyperliquid APIDrift SDKPerp Dashboard

Protocols:

HyperliquidDriftGMX

#2

7

/ 10

Flash Loan Arbitrage

Zero Capital

Borrow millions atomically (same block), execute cross-DEX arb, repay loan. Balancer charges 0% fees; Aave V3 charges 0.05%. No capital required — only gas (~$20–100 on L2).

Return Estimate

0.1–2% per trade

Min Capital

$0

Competition

High

Chains

Arbitrum, Base, Polygon

Observed Spreads

Net spread must exceed: 0.05% (Aave fee) + swap fees (~0.3–0.6%) + gas. Effective minimum: ~0.5% gross spread.

Key Risks

Smart contract bug risk. Frontrunning on public mempool (use Flashbots private RPC).

Tools:

Aave V3 Flash LoansBalancer V2Foundry/HardhatTenderly

Protocols:

Aave V3Balancer V2MakerDAO

#3

7

/ 10

Yield Arbitrage

Lending Protocols

Deposit stablecoins where supply APY is highest (Morpho/Fluid: 5.5–7.5%) and borrow where rates are lowest (Spark if DSR < 5%). Supply-only approach has zero liquidation risk.

Return Estimate

2–5% APY spread

Min Capital

$1,000

Competition

Low

Chains

Ethereum, Arbitrum, Solana

Observed Spreads

USDC: Aave 3.5–4.5% vs Morpho 5.5–7.5% = 2–3% spread. Kamino (Solana): borrow 6.56% APY observed.

Key Risks

Spreads compress within 24–72h as capital arbitrages in. Smart contract risk.

Tools:

DeFi RateAavescanDeFiLlama

Protocols:

Morpho BlueFluidAave V3KaminoSpark

#4

6

/ 10

Stablecoin Depeg

USDC / USDT / DAI

Exploit temporary depegs of stablecoins between DEXs. Redemption arbitrage (buy at $0.998, redeem 1:1 from Circle) self-corrects within minutes. DAI and FRAX offer larger depegs.

Return Estimate

0.05–0.5% per event

Min Capital

$1,000

Competition

Moderate

Chains

Ethereum, Arbitrum, BSC

Observed Spreads

USDC/USDT: ±0.01–0.10% constant. DAI: ±0.05–1.00% occasional. USDe: ±0.05–0.50% during volatility.

Key Risks

Fast mean-reversion (minutes). Pools with >$10M liquidity maintain < 0.05% slippage.

Tools:

DEX Screener (live alerts)Curve FinanceChainlink Price Feeds

Protocols:

CurveUniswap v3PancakeSwap

#5

5

/ 10

Cross-DEX Arbitrage

Same Chain

Same token at different prices across two DEXs on the same chain. Jito identified 90M+ successful arb txs on Solana (12 months), generating $142.8M in profits ($1.58 avg per tx).

Return Estimate

0.1–0.8% per trade

Min Capital

$100

Competition

Very High

Chains

Solana, Arbitrum, Base, Polygon, BSC, Avalanche

Observed Spreads

Liquid pairs: 0.1–0.8%. Altcoins: 3–5%. L2 pools: 0.03–0.05%. zkSync: ~0.25%.

Key Risks

Ultra-competitive. Bots execute in < 1 block. Jito tips = 50–60% of expected profit.

Tools:

DEX Screener APIJupiter API (Solana)The Graph (Uniswap)

Protocols:

RaydiumOrcaUniswap v3CamelotAerodrome

#6

5

/ 10

Triangular Arbitrage

3-Hop Cycle

3 consecutive swaps to exploit pricing imbalances. Ex: USDC → WETH → ARB → USDC. Best executed atomically via flash loans to avoid capital lock-up.

Return Estimate

0.1–0.5% per cycle

Min Capital

$0 (flash loan)

Competition

High

Chains

Arbitrum, BSC, Solana

Observed Spreads

0.1–0.5% per full cycle. 3 hops pay ~3× swap fees (0.9–1.5% total cost). Works best during high volatility.

Key Risks

Three sources of slippage and fees to overcome. Frontrunning on public mempool.

Tools:

Balancer Flash LoansBellman-Ford graph solverWeb3.py / ethers.js

Protocols:

Uniswap v3PancakeSwapRaydiumBalancer

#7

5

/ 10

AMM vs Orderbook

Oracle Lag

Exploit oracle update delays on GMX vs real-time prices on Uniswap/Hyperliquid. When CEX price moves, GMX oracle lags ~1 block — creating a 0.2–1.5% arb window.

Return Estimate

0.2–1.5% per event

Min Capital

$1,000

Competition

Moderate

Chains

Arbitrum, Solana

Observed Spreads

Oracle lag on GMX: 0.2–1.5% during fast market moves. Hyperliquid HIP-2 tightens spreads to 0.3%.

Key Risks

Requires fast CEX price monitoring. Short execution window (seconds).

Tools:

GMX Price Feed (Chainlink + Pyth)Hyperliquid WebSocketCEX price feeds

Protocols:

Uniswap v3GMXHyperliquidPhoenix

#8

4

/ 10

Cross-Chain Arbitrage

Bridge Arb

Same token at different prices on two chains. Bridge times (1–15 min) make this slower but also less bot-competitive. 20–50 daily opportunities on stablecoins normally; 100+ during volatility.

Return Estimate

0.3–3% per opportunity

Min Capital

$5,000

Competition

Low-Moderate

Chains

Arbitrum, Polygon, Avalanche, BSC

Observed Spreads

Stablecoins: 0.1–0.5% typical. Volatile assets: 0.3–1.0%. Bridge fee: Stargate 0.06% base.

Key Risks

Spread can close during 1–15 min bridge transit. Bridge failure risk (rare).

Tools:

Stargate FinanceAcross ProtocolDeFiLlama Bridge TrackerCCTP (Circle)

Protocols:

StargateAcrossWormholeCCTP

#9

3

/ 10

MEV

Sandwich / Backrun

Extract value from pending transactions. Solana: $370–500M extracted (Jan 2024–May 2025). Single bot: $13.4M in 30 days, 1.55M transactions. Jito stake: ~93% of validators. NOT for beginners.

Return Estimate

Very high (ultra-competitive)

Min Capital

$5,000+

Competition

Extreme

Chains

Solana, Ethereum, BSC

Observed Spreads

Solana sandwich: avg $1.58/tx at scale. Jito tips = 50–60% of profit. Peak: $210M/month (Nov 2024).

Key Risks

Extreme competition. Requires co-location with validators. Regulatory grey area (sandwich).

Tools:

Jito Labs MEV BotFlashbots BuilderNetMEV-ShareRust (Solana)

Protocols:

Jito (Solana)Flashbots BuilderNetMEV-Share

#10

2

/ 10

NFT / Governance Tokens

Illiquid Markets

Spreads on fractionalized NFTs (BAYC fractions vs redemption price) or governance tokens (CRV/CVX via Votium). High potential but illiquid — hard to size positions.

Return Estimate

Sporadic, 5–20%

Min Capital

$500

Competition

Low

Chains

Ethereum

Observed Spreads

FNFT redemption vs market: up to 20% spread. Governance: sporadic, 1–5%.

Key Risks

Extremely illiquid. Gas costs on ERC-721 are prohibitive for small positions.

Tools:

OpenSea / BlurFractional.artSnapshot.orgVotium

Protocols:

Fractional.artUnic.lyCurve/Convex

Strategic Roadmap

Implementation priorities for Arbix.

Phase 1 — Now

✦ Funding rate monitor via Hyperliquid API + Drift SDK

✦ Yield APY dashboard (Morpho vs Aave vs Kamino)

✦ Stablecoin depeg alerts at 0.05% threshold

Already live: DEX Screener cross-DEX monitor

Phase 2 — 1–2 Months

✦ Flash loan contract on Arbitrum + Base (Balancer 0% fee)

✦ Oracle lag detector for GMX vs Uniswap price divergence

✦ Cross-chain bot via Stargate for spreads > 0.3%

Phase 3 — 3–6 Months

✦ Jito MEV bundles on Solana (requires Rust dev)

✦ Triangular arb with Bellman-Ford graph engine

✦ NFT fractional arb monitoring on Fractional.art