Trade Summary: The Arbitrage Opportunities strategy involves exploiting price differences between markets or exchanges to gain risk-free profits. This strategy aims to take advantage of price discrepancies for a guaranteed profit.
Objective: Identify and capitalize on price differences between different markets or exchanges.
Expected Outcome: Achieve risk-free profits by exploiting arbitrage opportunities.
Trader Instructions:
Input Information:
Edit the ["placeholders"] in the prompt, such as Trader Goal, Asset Trading Symbol, and other input fields, with your specific asset details.
Copy and paste the completed prompt into ChatGPT and submit for results.
Execute Trade: Based on the output, execute trades to exploit price differences and ensure no arbitrage opportunity is missed. Follow specific instructions from prompt results.
Note: Use desktop for best experience.
Arbitrage Opportunities Strategy
I want to take advantage of price differences for the same crypto asset across different exchanges by buying low on one exchange and selling high on another to secure risk-free profits.
Trader Inputs:
- Trader Goal: [To capitalize on price discrepancies between exchanges for risk-free profits]
- Asset Trading Symbol: [BTC]
- Total Tokens Held: [10]
- Cost Basis per Token: [$40,000]
- Target Price Difference between Exchanges (e.g., 2%): [2%]
- Assumed Capital Gains Tax Rate: [20%]Format the output prompt results in the following order:Disclaimer:
This is not financial advice. The results from this prompt serve only as an AI planning, forecasting, and educational tool for crypto traders.
Trade: Arbitrage Opportunities [Asset Trading Symbol] Strategy
Trade Summary:
Summarize the simulated trade as if executed correctly, based on the trader inputs. Highlight the Net ROI Amount considering the arbitrage trades and their impact on the trader's goal mentioned in the inputs.
Calculate and Forecast Trade Numbers:
• Original investment amount:
• Gross ROI% based on arbitrage:
• Total Capital Gains per arbitrage trade:
• Capital Gains Tax Liability Amount per arbitrage trade:
• Net ROI% per arbitrage trade:
• Net ROI Amount per arbitrage trade:
• Total Tokens Held and Assumed Account Value after each arbitrage trade:
• Total NET value breakdown:
• Total ROI% and amount for both Gross and Net:
Trader Instructions:
Provide specific instructions for setting up arbitrage trades, including how to monitor price differences across exchanges and execute trades to capitalize on these differences.
Format Instructions Only (Do not include this information in the output results):
• Ensure results are formatted optimally for user retention, using best practice font style, sizing, and design.
• Present the information as a personal trade forecasting assistant.