Key FindingsAccording to a groundbreaking study by Flashbots data analyst danning (arXiv:2507.13023), the profitability of MEV arbitrage bots in CEX-DEX markets reveals:Overall Profit Scale19 leading arbitrage bots over 19 months:Total trading volume: $241 billionGross profits: $233.8 millionNet earnings: $90.1 million (after paying $143.7 million to block builders)Average profit margin: 38.5%Market ConcentrationThe CEX-DEX arbitrage market shows "high monopolization", dominated by top MEV bo...

Key FindingsAccording to a groundbreaking study by Flashbots data analyst danning (arXiv:2507.13023), the profitability of MEV arbitrage bots in CEX-DEX markets reveals:Overall Profit Scale19 leading arbitrage bots over 19 months:Total trading volume: $241 billionGross profits: $233.8 millionNet earnings: $90.1 million (after paying $143.7 million to block builders)Average profit margin: 38.5%Market ConcentrationThe CEX-DEX arbitrage market shows "high monopolization", dominated by top MEV bo...