Stablecoin Arbitrage on Uniswap: Exploiting $0.01 Price Differences Across Pools
A trader notices that USDC is trading at 1.0002 USDT on one Uniswap pool while simultaneously priced at 0.9998 USDT on another. The difference is measurable in basis points, not percentages. Over the course of a day, dozens of such discrepancies emerge and disappear across...