All I hear from this forum is that the only way I can profit with a flash loan is I create my own arbitrage bot and I fund $800-$1600 worth of Ethereum upfront to cover for gas fees.
I've never made that much money in my life, and even if I had like $3200, this would still be really risky...
I provided $5 worth of assets as liquidity to USDT-BNB on PancakeSwap.
I hear that for every person that trades that pair, I can receive a bonus 0.05% of what I have provided as liquidity.
So for every 100 people that trade this pair, I should be getting $0.25.
There are 100 people that trade...
I assumed as long as I use 10% of the daily volume or less to do arbitrage, I would be fine. I saw a thread where its creator was told “don’t trade more than 10% of the daily volume.”
I also hear that day trading is a lot riskier than arbitrage.
I was trying to execute an arbitrage opportunity with about 1% price difference on Uniswap and Quickswap.
But then, the arbitrage failed.
In order for a 1% arbitrage to be profitable, what percentage of the daily trading volume can I not trade?
I tried to borrow $100 for a fee of 5 cents...
This is what I have used in the code already and I still get that error:
const provider = new ethers.providers.JsonRpcProvider({url: 'https://mainnet.infura.io/v3/(API key is here, of course I'm not gonna share it)'})
This is another error I have been getting:
TypeError: Cannot read properties...
I hate to be a bother, but I’m still waiting to hear a fix to the 404 error. I’m not here to waste time.
Maybe I just take this to the Infura support team?
I’ve tried running a code that utilizes an arbitrage flash loan in the past on MetaMask, and it’s said “transaction failed”.
Apparently, it’s because it had a Testnet endpoint and I was trying to deploy on Mainnet, and I need a Mainnet endpoint in order to use Mainnet. What’s also apparent is...
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