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Seeing a bunch of "sandwich + arbitrage" on the chain makes me quite conflicted: on the surface, it seems like finding a bargain, but in many cases, you're just the fee source for someone else to sandwich you... To put it plainly, in pools with lower liquidity, clicking to swap tokens is like shouting "I'm here to give away money" at the entrance.
Now I also casually check the floor order depth when buying NFTs, especially in more fragmented ones, the price difference looks attractive, but after calculating the slippage, I become immediately sober.
The play-to-earn model with inflation + studios + token price spirals is pretty much the same; people think they're mining, but actually they're working for the system and faster players.
Anyway, I prefer to do fewer trades, so I don't become someone else's lunch.