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8. Arbitrage strategies

Catch price gaps between Cardano DEXes, and trade only the spreads that pay after fees.

The same token rarely costs the same on every Cardano DEX. When SNEK is cheaper on SundaeSwap than on Splash, you can buy on one and sell on the other. Surge watches every pool around the clock and trades only when the gap beats all fees.

What you'll learn

  • How cross-DEX arbitrage works

  • Choosing between single-wallet and dual-wallet mode

  • Setting profit, size and risk limits

  • Backtesting your settings

  • Reading the live engine and the Activity feed

New to arbitrage? Click How it works in the app for the beginner's guide. It covers liquidity pools, the sweet-spot trade size and the fee maths, with real numbers.

Single wallet vs dual wallet

Single Wallet
Dual Wallet

How it trades

Buys first, then sells exactly the tokens received

Fires both legs at the same time

What you hold

ADA only

ADA and the token, in advance

Speed

Legs run one after another

Faster

Price risk mid-trade

Exposed between the two legs

Hedged

Create an arbitrage strategy

  1. Click New Strategy and choose Single Wallet or Dual Wallet arbitrage.

  2. Pick the asset.

  3. Select at least two DEXes to monitor.

  4. Set the minimum net profit per trade. This is profit after batcher, network and Surge fees.

  5. Set the trade size range.

  6. Set a max loss per day.

  7. Set a reserve floor. The strategy never spends below it.

  8. Assign a hot wallet, then deploy.

Backtest your settings

Click Run Backtest. Against real price history, it shows how many opportunities your settings would have caught and what they would have made.

While it runs

  • Live prices: the token's price on each DEX you picked, with the spread highlighted

  • Live status: the current spread, the break-even line, and which DEX to buy on and which to sell on

  • Safety guards: max slippage, max drawdown, a limit on consecutive losses, and an allocation cap

  • Activity tab: every decision the engine makes, including why a spread was skipped (for example, unprofitable after fees, or below your minimum). Expand any line for the full fee breakdown.

  • Trade log: every opportunity with its estimated and actual net profit, its status (completed, skipped or refunded), and a transaction link for each leg

Good to know

  • Most spreads get skipped, by design. Surge trades only the gaps that are profitable after every fee. The Activity tab shows it's working even when nothing fills.

  • Keep the Surge tab open. Trades are signed in your browser. Turn on Keep display awake in Settings.

  • Your staking tier matters. Your SURGE staking tier sets how many arbitrage strategies you can run at once.

Next

9. Grid strategy

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