Arbitrage calculator. . Arbitrage calculator

 
Arbitrage calculator  Arbitrage Calculator

The Arbitrage Calculator allows you to enter the odds of 2 or 3 different bets to determine how much you should stake on each. Rz= The risk-free rate of return. Multiply this value by the Gas Price of the transaction, you find what the transaction cost (in ETH) is. 33 on the Capitols you ensure you make just over $2,906 regardless of the outcome! This would have been very important given the Capitols went on to win the Stanley Cup. SuperBook Ohio Promo Code. If you are going to use only Kenyan bookies, I think Breaking Bet will be more than perfect for your needs. Fortunately, many arbitrage betting sites are including Ghanaian bookmakers. Your success instead lies on the accuracy of your maths and if that’s correct, the result of the game shouldn’t matter. This allows the sportsbook to take an expected profit on each event, which is known as vigorish, or vig. Calculates theoretical hold including sports betting exchange commissions based on an Excel range of US or decimal odds. Caesars Sportsbook Virginia Promo Code. Your net profit is $0 ($484 winnings - $200 Bet365 stake - $284 Matchbook liability = $0). Utilize a nossa calculadora de arbitragem para descobrir como garantir lucro num mercado bilateral ou trilateral. $ 199 /month. Arbitrage Tool • $69 value. Positive EV • $169 value. With an arbitrage calculator, you can quickly identify the best opportunities for arbitrage betting, allowing you to maximize your profits and. Airbnb arbitrage has more upside than downside, so here are some reasons to start: No need to have a down payment, you can make passive income as a renter. Source: The Atlantic. 25) Fractional Odds (1/4) Implied Probability (80%) Most betting sites offer each odds option. 1 option. It compares the odds by different bookmakers for each outcome and finds the best combination that will guarantee you a profit. arbitrage earnings to the U. For an individual bookmaker, arbitrage percentage is always greater than 100%. 66/75. The calculator can be used for exchange lay bets in conjunction with standard bookmaker (back) wagers. The calculation for hedging your arb parlay is as follows: the odds of the second match in the parlay is 1. Forward rates can be determined using. OddsJam scans a variety of sports in order to provide you with hundreds of arbitrage opportunities. If Chiefs +2. Using the replicating asset in the context of statistical arbitrage has never been done before in the literature. Yes. Calculate annual revenue, average daily rate & occupancy rates with this free Airbnb calculator. Three month forward for SF $0. It also shows you how much to. Our surebet calculator was created to facilitate the calculation of bet amounts for arbitrage betting. This is a surebet calculator. Bettors need to insert the odds for each outcome, and at least the desired total stakes. Only $4 of your money was ever at risk, meaning that you are essentially getting a horse that was at odds of 2. Arbitrage Tool • $69 value. Arbitrage Calculator. The OddsJam +EV tool shows you profitable bets where you have a mathematical edge over a particular sportsbook. It’s not a true arbitrage opportunity. If this amount is negative it means. I heart you can itemize your wins and losses and probably get a tax refund. The Arbitrage Calculator allows you to enter the odds of 2 or 3 different bets to determine how much you should stake on each bet to guarantee a profit. Allows the user to see if particular combination results in profit or loss. This is known as arbitrage betting. In this case, you would need to place a $220 bet on the Under 50. BTC reaches $9,240 on Exchange A, but only rises to $9,070 on Exchange B, which is where arbitrage comes in. Determine whether an arbitrage opportunity exists and what the profit margin is. Whether you're exploring 2-way or 3-way betting arbitrage, this user. Arbitrage trading assists in quickly correcting temporary inefficiencies in prices, bringing them back in line. Example: Calculating the Market-implied Offer Rate. If this amount is negative it means. Follow the below steps to receive your instant Airbnb revenue projection for an existing property you own or new properties you may be interested in acquiring: Enter an address and input bedroom count in the search bar on rabbu. This formula needs some explanation, of course. Using a free arb finder as beginner arbitrage bettors, is the most budget friendly yet still somewhat profitable method to find sure bets. 00. If you can rent it out for 15 nights a month — a 50% occupancy rate — at $200 a night, you’ll have brought in $3000. Arbitrage Tool • $69 value. This arb calculator works out the optimal stakes to place on both outcomes of a two outcome event to lock in a profit. Therefore, it is essential for a trader to act quickly on those. com), and different sports betting formulas, but I've yet to come across one where I can put in both odds and the bet on team 1 where it will show me what bet to make for team 2 to have equal profit on both sides. , May 3, 2022 /PRNewswire-PRWeb/ -- How do banks, credit unions, and other organizations in the finance industry use tax-advantaged products to offset costs?If you bet –x, then you need to bet (100x)/ (100+x) to get back $100. Our calculator supports all major formats: American Odds (-400) Decimal Odds (1. This is a complete guide to Amazon arbitrage in 2023. About 0. The new tool developed by BetBurger is introducing a new level and style of Arbitrage and Value betting. 77% hold. Arb Cruncher is a free online arbitrage betting calculator that calculates the level-profit stakes for arbitrage betting, trading, dutching and synthetic Draw No Bet betting on the betting exchanges, as well as the returns from parlayed bets (multiples). Enter the best available decimal odds for each leg. To do the math: convert the odds on your lines to decimal format (or simply use our odds converter ). Calculate the stake for each outcome: Player 1: (1000 * 0. If “L” is less than 1, then there is an arbitrage betting opportunity, allowing for bettors to make risk-free wagers. Arbitrage Tool • $69 value. Sure bets, also known as arbitrage, is a strategy that yields certain profits when you place bets on all possible outcomes of an event. Sure Win shows the amount of profit you will have with the odds you have selected to make an arbitrage bet with. A lot of arbitrage scanners are including Kenyan bookmakers. Save 35 %. 5% from both win probabilities, then finding the odds associated with the now “fair” win probabilities. Use the free Amazon FBA Calculator to understand your costs (FBA fees, upfront costs, marketing costs, etc. At the time of writing, the price of Bitcoin on Bitstamp is $11,561 while the price of Bitcoin on CEX. The formula for calculating arbitrage as it relates to an investment is: E (R)i=E (R)z+ (E (I)−E (R)z)×βn. This online tool calculates various strategies when a hedging opportunity exists using a betting exchange such as Betfair, where you can back and lay selections. Monthly rent - Average Monthly RevPAR (Revenue per available room) = Monthly Arbitrage Potential. The arbitrage calculator tells you if there is an arb betting opportunity and recommends how much should be staked on each selection. In arbitrage you need to be fast, so we deliver you all important data and informations so you can make your. It’s becoming more difficult to own property as home prices have far outpaced median incomes since 1960. The title is snappy, I prefer to think of it as a back-and-lay calculator, but for all intents and purposes depending on its use, you can easily define this project as an arbitrage calculator. Arbitrage is when the same asset is sold in two different markets at a slightly different price, which poses an opportunity for traders to make a risk-free profit. Method 3: Find Arbitrage Bets With Paid Software. $ 306 /month value. An arbitrage betting calculator is a great way to figure out how much to wager on arbitrage bets. All Promo Optimizer features • $39 value plus. it, StarCasino, Toto. In other words, betting $100 at +200 odds means that you profit $200 if your bet wins. This 2 way sports arbitrage betting calculator is one of the most comprehensive, detailed arb calculators available. co. Calculate the expected profit of the surebets. This application is an arbitrage calculator, it will let you know how much to bet on for each outcome according to the odds so that you can make a profit. Surebet calculator. 5 at -275. Always use a proper arbitrage calculator, rather than fudging the calculations on paper or in Excel. Follow these steps to create your own calculator: Open a new Excel workbook. 32 on Manchester United or $312. ) prior to launching a product so you know your realistic revenue & profit. It’s an excellent tool to start with because of its simplicity, beginner-friendliness in pricing and interface as. ARB CALC is a free online Arbitrage Calculator. Input the stake – In the Stake field, you should. So, to calculate the implied probability for Manchester United's odds, we'll need to divide 1 by 3. com, BreakingBet, and ArbMate are the best arbitrage betting sites in Ghana. 3rd Step. 42 on a team to win and a 4. This tool calculates the total value attained (positive or negative) from a completed multiway scalp, and calculates the bet size on each outcome to fully smooth results. These services scan the bookmakers compare their odds in every few minutes for pre-match events and every 2-3 sec for in-play sports events. In order to calculate it, you need to convert the odds to decimals using a betting calculator. Continuing with our tennis match example, let’s assume you want to invest $1000 in this arbitrage bet: Calculate the total implied probability for Bookmaker A: 0. Arbitrage. 50 is not advised as it is the kind of bet only someone practising sports arbitrage would do. INCLUDES. 5 at SuperBook, a user can profit risk-free. 40 for odds of 39. 33 on the Packers to beat the Chiefs, and guarantee yourself $466. March Madness Betting Promos. 4 Way Arbitrage Betting Calculator Instructions. This semi-automated arbitrage betting software is capable of placing sure bets only with minimal human input. 45 profit, regardless of the outcome. You can also use an independent forex arbitrage calculator to determine if an arbitrage opportunity exists. 1- Enter your stake amount. Sports bettors should always be looking to wager on markets with a low hold. In this in-depth guide, you’ll learn: What Amazon arbitrage is and how it works. An arbitrage calculator is a tool that helps you quickly and easily determine the potential profit from an arbitrage bet by taking into account the odds and stakes offered by different bookmakers. Virginia Sports Betting. Use this sports arbitrage betting calculator to determine stakes and profits for 2-5 way arbs! Auto-round surebet stakes to avoid suspicion with the bookmakers! Bias bets to. 741, EUR to CAD is 1. The Sales Estimator gives you an estimate based on the product’s performance in real-time. Either one player wins, or the other player wins. This can be calculated using the formula below: PV (x) = strike price / ( (1 + risk-free rate) (years to expiry)) So, if the strike price is $12, the years to expiry is 2 years and the risk-free rate is 3%, the PV (x) will equal to 12 / (1. It is designed to help you quickly calculate the amount of money you can earn from betting on a particular outcome. Input the stake – In the Stake field, you should. 25% one-sided transaction fee into profit calculation (a single order fee). Our staff performs monthly checks on the key data of the. Monitor, search and get alerts for never-ending cryptocurrency arbitrage opportunities across various cryptocurrency exchanges including Binance, Kucoin, Bittrex, Coinbase, and 20 other exchanges for Bitcoin, Ethereum. sometimes also called arbitrage bets or arbitrage betting. By doing so, one of these bets will win. This includes how much you choose to borrow and invest, your card’s interest rate, how much your investment pays, the length of your card’s promotional period, and the fees you might incur when investing. It is very detailed, providing information. Arbitrage betting calculator. Follow the steps below to use the calculator. Work out the Payout for you chosen Stake and Odds. One of these tools is the forex arbitrage calculator. Arbitrage betting has also been called sure bets. Here’s how: Step 1 – Choose your preferred odds format by clicking on one of the tabs at the bottom of the sheet. This theory, like CAPM, provides investors with an estimated required rate of return on risky securities. Spot rate $0. OddsJam processes over 1 million odds per second to find you select middle bet opportunities in real-time. Imagine you could cover all outcomes in a match and make a profit no matter who wins. A Kelly Criterion sports betting calculator can be used to manage your sports betting bankroll and determine optimal bet sizing. Video transcript. Arbitrage trading is when an investor buys an. The Middle Betting Tool identifies middle betting opportunities in real time by analyzing live sports betting data from over 100 of the most popular. Extensive Arbitrage. This technique can be used for a variety of reasons, including minimising risk when odds change, or to place qualifying bets with sportsbook in order to receive promotions in the future. 97 x $100 minus your initial $100 stake). Automatically calculate stakes for all bets. This arbitrage calculator - also known as an arb calculator - automatically calculates how much you should stake on each outcome on a market you want to make an arbitrage bet on. On the Moneyline, you contrast. This is called a Weighted Middle. 65 on Eagles -2. , Original Proceeds,. If you wanted to hedge your original Knicks bet, you could place a moneyline bet on the Rockets. Select multiple pairs on multiple exchanges. 33 with a stake of 160. A bet can be broken down into two elements; the Stake - how much you risk. — Crypto arbitrage is a trading strategy that allows users to profit off miniscule differences in asset prices across different markets. OddsJam processes over 1 million odds per second to find you select middle bet opportunities in real-time. Municipal Bond Arbitrage: A strategy that consists of building a portfolio of tax-exempt municipal bonds and simultaneously hedging the duration risk of the portfolio through the short sale of. Our dutching calculator allows you to enter a total stake amount (that is the total amount you would like to invest into this particular bet overall) and enter the odds for each bet you would like to get on. $ 199 /month. Parlay Builder • $29 value. Sell your BTC on Exchange A for $9,240, securing a profit of $140 per BTC. First, look out for the individual arbitrage percentage for each outcome. Let the arbitrage calculator reveal whether an arb exists and the relevant profit margin. 1 out of 3 is not very certain, however, if there are 2 sets of 1 out of 3's and both show that a particular rate should be a "buy" then the probability is higher that that particular rate is likely to rise. RTCA. The bettor enters the total amount of money they want to wager, then enters the odds provided by the first sportsbook. It allows you to do the following: Select from 2 to 5 legs for a particular arb. The simplest. Cryptohopper offers 24/7 support. 5. SBR provides hundreds of free picks from sports betting experts and professional handicappers each week. Margens reduzidas. e. 5 $1,000 First Bet on Caesars Claim bonus If the player's Qualifying Wager is graded as a Loss by Caesars, the Participant will earn a one-time Bonus Bet token equal to the lessor of (1) the full value of the. Grabbing the Bulldogs on DraftKings and the Crimson Tide at another location is a very responsible example of arbitrage betting. Our free play value calculator makes it easy to understand exactly how much you should wager in order to hedge your free play bonus credit. Get the final bet amounts. 65 on PointsBet. By entering the total stake and the odds of each selection, the tool will calculate how you should divide your total stake between the two individual bets to give you the highest possible return, and what the. 0 is equivalent to +100 American odds and 1/1 fractional odds. Here’s a simple Excel-based arbitrage betting calculator that you can use for two-way and three-way bets. Arbitrage is when the same asset is sold in two different markets at a slightly different price, which poses an opportunity for traders to make a risk-free profit. It allows you to do the following: Select from 2 to 5 legs for a particular arb. Tennis arbitrage betting software and systems. Two outcome events that have good arb potential include tennis and darts where a draw is not possible. An arbitrage calculator is a tool that helps you determine how much to bet on each outcome to ensure a profit. 50 on each of WH and DK and 228 at FD gives you a total of 328 wagered and a guaranteed payout of 350. Select how many legs there are for your chosen arb. For more complex filters and more bookies (from other countries), BetBurger is the nr. fair. Enter the odds & stake and our betting arbitrage calculator will do the rest. With this calculator you can check if a sports bet offers an arbitrage opportunity or not. 5263 (Player 1) + 0. The extension offers options to convert between 2-way and 3-way arbitrage bets, catering to different betting strategies. Our first tool is RTCA for Real Time Cryptocurrencies Arbitrages which is a crypto arbitrage calculator platform. You enter the odds on two or more bets into the calculator, as well as your stake, which is the total amount of money you wish to wager. 55. FREE Download: Sports Arbitrage Calculator Excel Template will make “Sure Betting” cal. A bet can be broken down into two elements; the Stake - how much you risk. Arbitrage Bets are also known as Sure Bets, Sure Wins or Miracle Bets. Betfred Ohio Promo Code. In order to cover the spread, the favorite has to win by more than the given value, for example a -2. Arbitrage calculations guide You can simplify this type of arb even further by using the asian handicap market to eliminate the draw option. Only deposits made via Cards will be eligible for. I've researched online to find a number of arb calculators (see scalpulator. Business loan calculator; Small business loan resources; Business credit cards. It works by comparing odds from different bookmakers, helping to identify the best mix of bets that guarantee a positive return. Steady profits with no/little risk. you hedge the bet at Pinnacle on under 43. In economics and finance, arbitrage ( / ˈɑːrbɪtrɑːʒ /, UK also /- trɪdʒ /) is the practice of taking advantage of a difference in prices in two or more markets – striking a combination of matching deals to capitalise on the difference, the profit being the difference between the market prices at which the unit is traded. Arbitrage betting is a great way to make money betting on horse races. This can be the cheapest tool if you use 2-8 bookies and need a premium. Introduza as probabilidades e a parada da sua aposta original e as probabilidades para o resultado alternativo. Cost: Starting at $15 per month. Place 5x£10 Sportsbook bets on any Horse racing market at minimum odds of 2. 6% of first-time Amazon sellers lose money because they don’t know their true profits. Positive EV • $169 value. This calculator will compute the profit associated with an arbitrage transaction for a currency exchange, given the amount borrowed of currency A, the borrowing rate for currency A, the lending rate for currency B, the duration of the transaction in days, and the exchange rate between currencies A and B. This is possible, due to the fact that betting sites offer different lines, based on their predictions for the market. The calculators have been grouped as per the categories on the left. Either one player wins, or the other player wins. Determine whether an arbitrage opportunity exists and what the profit margin is. The “fair” win probability for the above example is that Ohio State should win the game 62. This arb calculator works out the optimal stakes to place on both outcomes of a two outcome event to lock in a profit. Clear on sheet instructions. g. There are many different types of arbitrage strategies, from cross-exchange arbitrage to interest rate arbitrage, know the various strategies to decide on your arbitrage strategy. The no-vig calculator essentially backs out the “fair” odds by backing out the 3. All you need to do is enter your stake, odds, and line for either the home or away team, or for over/under bets on total goals scored. Δες τις στοιχηματικές ευκαιρίες Arbitrage. Sellerboard: Retail Arbitrage App For Inventory & Sales Forecasts. To create expectations for your revenue in doing rental arbitrage, here is a basic calculation that you can compute for. Triangular Arbitrage is a forex strategy that involves buying and selling three currency pairs simultaneously to take advantage of the differences in exchange rates of the currency pairs involved. You also get your bet sizes as outputs to make optimized surebet for maximum gain based on odds of the event. If you have the first odd as 1. Two-way market that uses a point/goal Handicap to alter perceived bias between two competing teams and also eliminates the possibility of. Work out the Payout for you chosen Stake and Odds. Support a Great Cause. 2. The results will pop out immediately, and you can gauge your data from that. 2. In essence, arbitrage is a situation where a trader can profit from the imbalance of asset prices in different markets. it, StarCasino, Toto. 1% (vs 64. 4) Assuming you have an opportunity, the calculator will tell you what percentage of your total wager to bet on each event. FanDuel BetMGM PointsBet. STEP 2: Enter Luno “Sell Price” This can be seen at the Luno exchange section (the number in red) STEP 3: Enter the amount you wish to trade with. This formula helps determine the value of two currencies against per unit of the third currency. Asian Handicap Calculator. fair. 65 on Eagles -2. Just enter the odds of each player along with the. If the sum of the percentages is less than 100% then you have an arb. Like right now WH and DK are boosting the Suns ML to +250. 64. 10 on the other team to win or draw, the two teams will have different. $ 199 /month. A good way to eliminate that complacency is to get trusted friends involved in your arbitrage betting activities. American odds are the main odds format in the US. This is the app you will use to scan products when in retail stores. A sports betting arbitrage calculator, or hedge bet calculator, shows you how to hedge a bet for a profit and lock in a risk free return. Automatically calculate stakes for all bets. The calculator will then do the math for you and. For it to take place, there must be a situation of at least two equivalent assets with differing prices. Shows amount of necessary stakes for minimum risk. Use The Calculator. Sure bets, also known as arbitrage, is a strategy that yields certain profits when you place bets on all possible outcomes of an event. 2. Designed to help you find an edge sports betting. Free Amazon FBA Calculator tool for sellers that estimates and shows all the fees, revenue, margin, ROI and net profit against the product cost. This is how our arbitrage calculator works: Input the odds – You’ll first see the empty Bet fields on the left side. This online betting arbitrage calculator determines various arbitrage strategies when an arbitrage opportunity exists. An arbitrage calculator can be found in the tools section. $ 306 /month value. Most currencies are quoted against the USD. If you place that $100 free bet on the Over 50. Our surebet calculator was created to facilitate the calculation of bet amounts for arbitrage betting. To calculate positive odds, you divide the bookmaker’s odds by 100 and multiply that number by your wager. Here’s how: Step 1 – Choose your preferred odds format by clicking on one of the tabs at the bottom of the sheet. 55. Designed to help you find an edge sports betting. High limits. People are interested in arbitrage betting because it allows them to. An arbitrage calculator is a piece of betting software that allows individuals to identify profitable betting opportunities by comparing different sportsbooks' odds on the same event. profit = $22. The moneyline calculator formula for negative odds is (100 / odds) x $50. Input the amount in dispute in US dollars, or in BRL (Brazilian Reais for cases to be administered by the São Paulo office), using numerals. 9-2019) Catalog Number 69338P. Easily calculate an Arb or Hedge position. Bookmakers make profit by inflating the implied probability of an outcome. You get this easily when you insert 100 as a total stake in a sure bet stake calculator Total stake/arb: you insert the average total stake you plan to place on each sure bet. Credit Card Arbitrage: Borrowing money at a low interest rate from a credit card then investing that money at a higher interest rate to try to make a profit. An Arbitrage Calculator is a helpful tool for finding and using arbitrage chances. In order to correctly use the Arbitrage calculator, you could follow these steps: First you’ll need to choose between making a 3-way or 2-way bet. Don't expect any 3 way bets, multi-currency or bet biasing and you'll be fine. SuperBook Ohio Promo Code. Forex Arbitrage Calculator . FD has Bucks at -188. Using the OddsJam Arbitrage Calculator in the screenshot above, this would have given you a profit % of 7. Using the Smarkets arbitrage calculator is simple. What is Matched Betting? In a nutshell, matched betting involves taking advantage of bookmaker bonuses and promotions to make money. Australian owned. The average Airbnb rental price for an entire space in Nashville is $188/night (the price was about $209/night pre-pandemic). Guaranteed Profitability. You can also use a free bet as a great way to maximize your return and limit your losses. 38%, which adds up to 104. The capacity of the trader to profit from the price difference of the same item in multiple marketplaces is a prerequisite for engaging in arbitrage trading. When placing an arbitrage bet, make 100% sure you stake the right. This tool helps you estimate the total payout of hedge bets in 2-way and 3-way betting types. An arbitrage calculator lets you calculate arbitrage profit for up to 10 possible selections. By taking advantage of pricing inefficiencies, bettors can ensure a profit irrespective of the event’s outcome, effectively eliminating the traditional risks associated with sports. Arbing consists of betting on all outcomes on an event. Take advantage of the differences in sportsbook odds. -. Calculate odds to find an arbitrage opportunity. Let the arbitrage calculator reveal whether an arb exists and the relevant profit margin. This online betting arb calculator tool makes calculating your sure win easy online! Odds Converter Calculator. Assume that the bid-offers in a certain interbank for USD/EUR are 1. Details. Subscribe and start today! Cover all outcomes and win every time. You can view the bet result for a specific scoreline, or you can. Obtain data on funding rate arbitrage. This opens the opportunity to find arbitrage situations, where you are guaranteed to profit. if you're quick enough. This simple arbitrage betting opportunity was found then the stakes were calculated with the free sure bet finder of surebet. Enter the odds & stake and our betting arbitrage calculator will do the rest. 9 =. The formula is: arbitrage percentage= (1/EU odds)*100. Enter how many monthly payments (300 for 25 years, 360 for 30 years etc. Arbitrage Bet Finder Tool. Using the example above, the EV of our bet would be $5 using the no. You may use decimal or fractional odds. 5 at +300 odds you could use this calculator to calculate the size of the hedge bet to make at a different sportsbook to lock in a guaranteed profit. 1. BetSlayer's proprietary software does all the work identifying the bookmakers and matches where a sure bet exists. Arbitrage Tool • $69 value. Snapshot 5: increasing the plaintiff's. Calculate stakes on 2- and 3-way surebets, using various formulas. Firstly, the triangular arbitrage calculation requires determining the difference between the stated value (€/£) and the cross-exchange value of two currencies, i. Just see the calculator below and calculate your new mortgage expenses. If Chiefs +2. Connect all your exchanges where you have funds and Arbitrage trade between them all. Pure arbitrage refers to the investment strategy above, in which an investor simultaneously buys and sells a security in different markets to take advantage of differences in price. This calculator can handle as many events as you. Our accumulator calculator quickly calculates the total odds for your accumulator. That means that the risk-reward tradeoff is not in place any more to the extent that it should. io is $11,645. Reasonable maintenance and repairs are often covered by the landlord. Arbitrage trading aims to profit from temporary market inefficiencies, which results in the misspricings of similar assets within various markets, or with different brokers in the FX market. We’ve made calculating arbitrage bets all the easier with our arbitrage excel calculator. If you’re using a betting exchange and have the ability to lay selections, check out our betting exchange hedging calculator . In cells A1 to C1, enter the following headers: Outcome, Odds, and Implied Probability. Merger arbitrage is an investment strategy that capitalizes on the spread between a company’s current share price and the consideration paid for its acquisition in the context of an announced merger transaction.