The FTX:STETHUSD (Lido Stacked Ether) lost its 1:1 peg with ETH since back in May, but more interesting is the extreme volatile pattern within arbitrages between CEX and DEX's, as well as cross-exchange arbitrages that developed on STETH. Something increasing despite the pegging recovering last 24 hours. Now the STETH arbitrage is almost bigger then the ETH ...
Due to the inefficiency that still exist within the new crypto industry, large arbitrages exist especially during periods of volatility . Presenting risk-minimal trading opportunities for individuals, sometimes without the need to hold the token/crypto asset for very long at all.
Trading-view did not allow me to share less then 15min timeframe chart, but to...
