Question 1

How is this different from crypto arbitrage?

Accepted Answer

Same mechanic — a price gap for one asset across venues — but the asset is different: a share of one specific outcome of one specific event, not a token. Liquidity is usually thinner than top crypto pairs, so a spread can close before you manage to enter both legs.

Question 2

What counts as net spread here?

Accepted Answer

The YES/NO price gap minus both venues' fees. Filter by minimum net spread to see only the ones that stay profitable after fees.

Question 3

Why does a spread appear at all?

Accepted Answer

Each venue runs its own order book against its own liquidity — they aren't directly connected. A gap opens when news reaches traders on one venue before the other, or when one venue simply has thinner volume and its price reacts harder.

Question 4

Can I filter by a specific spread level?

Accepted Answer

The table has a filter for minimum net spread and venue; the list updates live, no need to refresh.