Wait, 1 USDC = 1.07~ DAI on couple of DEX's currently? Risk free Arb??

sniveling_delegation
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Wait, 1 USDC = 1.07~ DAI on couple of DEX's currently? Risk free Arb??

Edit: 1inch is back to normal 1:1 on the pair, but still on https://raydium.io dex, its hovering around 1.08.

Swapped 3000 USDC for ~3240 DAI, not a huge profit but nevertheless interesting and would like to know why the fluctuation on what should be 1:1 at all times?

Or is it just signs of the bear market bringing pockets of illiquidity ?Will check back later, i expect it returns to 1.0 pretty soon anyway

Max C