!!Warning: You need to know this before considering cross-exchange crypto arbitrage:

Firstly, what is cross-exchange crypto arbitrage?

=>In simple terms, it is the practice of buying crypto on an exchange where it is cheap and selling it for a profit on another exchange where the price is higher, hence making a profit. Now even though this sounds low risk and almost like guaranteed profit, there are factors to consider before you trade.

1) Network/Withdrawal fees

Every time you withdraw crypto, there are network fees associated with the transaction and these fees can eat into your profit. As a result, never forget to include these into your profit calculations and always try to use cheaper networks like BEP-20 where possible.

2) Your available balance for trades

It does not help targeting a 50% price difference if all you have is $5 worth of crypto with transaction fees of $4.50, meaning you spend $9 on withdrawal fees while you gross $7.50 on the trade

3) Volume

How much crypto is actually available at the profitable prices? Sometime a trader can place what I call a 'catfish trade', where they place a very small amount at what will seem to you like a profitable price, and then place the rest (their actual) trade at a terrible price for you. If you fall for this and place a market trade, majority of your trade will end up being a loss.

4) Trading fees

Each exchange has different trading fees. Research these and consider them in your profit calculations.

5) Legitimacy of exchanges

Last thing you wanna do is get scammed by fake exchanges. Do thorough research and perform test trades(transfer and trade small amounts) before you send your funds there to avoid being scammed. General rule of 'if its too good, it probably is' applies here.

6) Withdrawal/Network speed

Arbitrage opportunities can appear and disappear in the blink of an eye, which can lead to loses. Therefore it is important to be quick and use faster networks in your transfers.

Thank you for reading! I will write up more specific strategies in the future if the masses show interest.