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    The Ultimate Guide to Arbitrage on Polymarket

    March 10, 2026 12 min

    What Is Arbitrage on Polymarket?

    Arbitrage involves exploiting price differences between markets to generate risk-free (or near risk-free) profit.

    Types of Arbitrage

    Internal Arbitrage

    On Polymarket, the sum of "Yes" and "No" prices should always equal $1. When it doesn't, there's an opportunity.

    Example: If "Yes" is at $0.45 and "No" at $0.52, the total is $0.97. You buy both for $0.97 and earn $0.03 guaranteed (3% profit).

    Cross-Platform Arbitrage

    Compare prices on Polymarket with Kalshi or other prediction markets. Price differences are common on less liquid markets.

    Required Tools

  1. Tracking spreadsheet: Google Sheets or Excel to track spreads
  2. Price alerts: Set alerts when a spread exceeds your threshold
  3. Sufficient capital: Arbitrage requires volume to be profitable
  4. Risks to Know

  5. Transaction fees: They can eat your profit
  6. Slippage: The price can move between your analysis and execution
  7. Counterparty risk: Centralized platforms can have issues
  8. Conclusion

    Arbitrage is an advanced but very effective strategy. Start small, test your methods, and gradually increase your capital.

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