There are many smart people in the market now. If there really are high-profit arbitrage opportunities with significant deviations, there will definitely be big players who calculate and push the price to a fair level for you.

If you don’t have much experience, don’t think about making big profits from arbitrage; that kind of arbitrage might just be a setup for you.

For example, previously with TRB, going long on BN and shorting OK with 5x leverage and a daily interest rate of 1%. As a result, overnight it skyrocketed, and the premium expanded to 40%. Don’t even talk about 5x; even 1x could have been arranged for you.

Another thing is, in a bull market, never play with any locked arbitrage or return arbitrage that requires a certain amount of time to unlock and also needs hedging. I won’t say it’s 100% a trap, but if you encounter a major upward trend, it could suffocate you.