Arbitrage is buying and selling related contracts across markets to try to lock in a difference, though fees and execution risk can erase it.
Understanding arbitrage helps you read prices and manage risk on any prediction market platform.
Example
If YES costs 45¢ on one venue and the equivalent NO costs 50¢ elsewhere, the 5¢ gap may shrink once fees are included.
Why it matters
Knowing how arbitrage works lets you compare markets and avoid costly mistakes when trading.
Practical tip
Before trading, check how arbitrage shows up on the specific platform you use, since interfaces and terminology can vary slightly between exchanges. Reviewing a few live markets is a quick way to see arbitrage in action before risking real funds.