On a tangent, what distinguishes a successful bot from a poor bot? For many of the arbs, the logic is simple to imitate. I understand there is some infrastructure engineering (having servers close to some node) involved, but besides that, it seems a level field in terms of money and tech.
That said, there are still challenges. Last week, for 6 hours, there was $1 billion up for grabs [1]. Nobody noticed it except for one person, who only took $13.5 million. But bots are coming that will spot these things instantly....I have one under development that would have caught it.
[1] https://twitter.com/0xngmi/status/1524891992429318144?s=20&t...