To answer your main questions effectively, we have summarized them in this short article.
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How much capital is needed to make money with crypto arbitrage?
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Currently, thereβs a Β± 9 % price difference on Solana (SOL) between Binance and Fordexbit exchanges.
Create an account at Fordexbit.com
Login to Binance.com or any other exchange and buy Solana (SOL) using available funds at the market price.
Transfer your SOL from your Binance.com account to your Fordexbit.com account
On Fordexbit.com, locate the SOL/USDT trading pair in the spot market and sell SOL at the current market price to receive USDT.
Go to the "Withdraw" section on Fordexbit.com and transfer USDT to your preferred wallet or another exchange.
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You know what you have to do!
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