Abstract
Sandwich arbitrage is a popular strategy for blockchain-based decentralized exchange (DEX) users to facilitate decentralized token exchanges and make profits. However, conventional Sandwich arbitrage only focuses on one big-deal transaction and executes arbitrary actions within an intrablock, leading to a huge loss of profit opportunities. In this article, we present Lasagne, a novel high-profit arbitrage strategy that allows the exploration of profit opportunities from multiple small-deal transactions across interblocks. Specifically, Lasagne involves a suite of novel strategies: fishing, bundle, and grid, each of which is tailored to a liquidity pool with diverse transaction frequencies and skewness. The experimental results demonstrate the superiority of Lasagne over a state-of-the-art sandwich in terms of feasibility and effectiveness.
Original language | English |
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Journal | IEEE Transactions on Computational Social Systems |
DOIs | |
Publication status | Accepted/In press - 2025 |
Externally published | Yes |
Keywords
- Arbitrage
- blockchain
- DeFi