This paper explores the persistence of arbitrage opportunities within fragmented cryptocurrency markets. It analyzes cross-exchange, triangular, and derivative-based strategies while addressing critical execution barriers like capital controls and exchange default risks. Finally, it examines how AI and automation are redefining market efficiency in 2026. 2. Introduction
Algorithmic Efficiency and Profitability in Cryptocurrency Arbitrage: Strategies, Risks, and 2026 Trends. Arbitrage_Crypto.pdf
Explain why price gaps exist—such as regional demand, varying exchange liquidity, and "arbitrage stickiness" caused by slow capital movement. varying exchange liquidity
Define arbitrage as the practice of buying an asset on one exchange at a lower price and selling it on another where it is higher. Arbitrage_Crypto.pdf