diff --git a/MEV_searchers/bots/stat-arbers.md b/MEV_searchers/bots/stat-arbers.md index 0c1b00b..5f0b242 100644 --- a/MEV_searchers/bots/stat-arbers.md +++ b/MEV_searchers/bots/stat-arbers.md @@ -6,7 +6,7 @@
-* arb between different chains or markets (e.g. ethereum and binance) +* search for edges through mathematically ranking assets/trades risk. for example, arbs between different chains or markets (e.g. ethereum and binance). * for instance, if the cex price is greater than the price on-chain, stat arbs can buy on the dex and hedge on the cex. the problem is settlement mismatch: the longer the time period between blocks, the longer tx remains, and the longer it can go without being fully hedged (decreasing combined realized mev).