The story continues.
After successfully winning hundreds of transactions, my competitor adjusted his gas again 1 Gwei higher than mine.
So I decided to dig into his history.
The main difference between us is that I run a script directly from an EOA, dedicated solely to this one arbitrage.
He, on the other hand, executes it through a deployed protocol. The advantage is you can’t spot him directly in the tx list.
But after digging deeper, I realized this guy had been quietly arbitraging nearly 7 different protocols, and the one we’re competing on is just one of them.
Now I’m wondering
What happens if I clone his tx and start competing with him on all of them ?
Sorry bro, I know life is hard, but I gotta do what I gotta do.
A while ago, I found an on-chain arbitrage opportunity. I was probably one of the first to spot it, and there was basically zero competition.
I had AI quickly put together a Python bot and let it run. For a while, it was generating steady profits every day.
A few days ago, I noticed the profits suddenly started dropping.
Checked the transactions and found my first competitor.
He was faster and willing to pay more gas, so he started beating me to the opportunities.
I went back, optimized the old script, and now I’m winning them again.
No idea who you are, but I’m looking forward to your next optimization.
Game on.