Explainer articles

How it works and how to use it

How to compute a spread you can actually trade — Why the gap between «last» prices misleads you, what to subtract, and what to look at besides the percentage.
Kinds of crypto arbitrage and how they differ — Spot, futures, basis, funding, CEX↔DEX — where the risk sits in each and which to pick for your situation.
Why a large spread is so often a trap — A stale price, an empty order book, different tokens under one ticker — where untradeable percentages come from.
How to build an alert around your strategy — Source, condition, filter: what a rule is made of, three that work, and the usual mistakes.