Just finished scanning the mempool, and I saw someone in the group asking, “Is this an arbitrage opportunity?” To put it plainly: you think you’re picking up a bargain, but most of the time you’re the bread in a sandwich. The moment you enter, someone right before and right after you has already eaten the price difference, leaving you to absorb the remaining slippage and fees. Especially now—everyone’s watching staking unlocks and the token unlock calendar every day. Once that fear of sell pressure kicks in, the on-chain scene gets even busier, and the front-runners and queue jumpers all smell the opportunity.

What I notice is that when I see that kind of “risk-free profit spread,” it actually makes me shrink back first. I’d rather do less. At minimum, take a second look at the slippage, the execution path, and the pool depth—otherwise, after one trade, it feels like you’re tipping someone else. Let’s see what else is out there.