Jared from Subway MEV bot made $1,466,634 in the last 30 days.
Profit!
Let's have a look how he's doing it
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1/ JaredFromSubway.eth has an infamous MEV bot that still tops charts for the most profitable sandwich bots.
His bot buys tokens just before others try to buy and sell them right after the others buy profiting from the difference in price.
Aug 2, 2023 • 14 tweets • 6 min read
Arbitrage is still one of the most profitable MEV strategies.
The basic idea: you swap token A for token B on Exchange 1, and then swap token B for token A on Exchange 2 where it's cheaper, profiting from the difference.
Let's have a look on how to start.
MEV 101
🧵⤵️ 1/ If you're looking especially for Ethereum arbitrage, i.e. mainnet on-chain swaps betweet exchanges like Uniswap and SushiSwap, then @blocknative has a great text on how to start: