Hypothetical example — not a live opportunity
What remains from a $100 buy at a 2% gap?
$0.80remaining before tax
- two trading fees
- − $0.20
- rebalancing
- − $1.00
- remaining before tax
- = $0.80
$2.00 gross difference − $0.20 trading fees − $1.00 rebalancing costs = $0.80 remaining before tax
A 2% gap is not 2% profit
Needs roughly $200 prefunded – cash on one exchange, the same coin on the other – plus fee reserves. Price movement, slippage, funding costs, failed orders and account restrictions are left out, and any one of them can erase the result.
See the full calculation






