Community asked what arbitrage actually means in practice, so here's a real example that just netted me $1,320.

Arbitrage? Simple - spot the spread, capture the difference.

Here's how it played out:

Grabbed Pendle's YT tokens when APY sat around 16%. Not amazing, but workable.

Flipped those same tokens when APY hit 24.99%. Market inefficiency at its finest.

The math? Locked in $1,320 pure profit from that spread.

That's textbook arbitrage in DeFi - no crystal ball needed, just patience and price monitoring. The yield difference does the heavy lifting while you execute the trade.