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* since **liquidity on-chain is fragmented** (thousands of pools don't communicate with each other, each providing quotes for swapping assets in real-time), it creates an opportunity to buy low and sell high across different pools. for example, two DEXes offer a token at two different prices so that a token can be bought at the lower-priced DEX and sold on the higher-priced DEX in a single atomic transaction.
* **non-atomic (cross-chain, CEX/DEX, etc.) arbs** are covered **[here](https://github.com/go-outside-labs/mev-toolkit/blob/main/MEV_strategies/stat_arb)**.
* **non-atomic (cross-chain, CEX/DEX, etc.) arbs** are covered **[here](https://github.com/go-outside-labs/mev-toolkit/tree/main/MEV_strategies/stat_arbs)**.
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