Arbitrage trading is about as close to real-time, instant profit-taking as you can get. Rather than trade the price of a security in relation to itself, arbitrage capitalizes on the different value of ...

Beverly B. Marshall, A Classroom Exercise To Simulate Triangular And Covered Interest Arbitrage, Journal of Financial Education, Vol. 30 (SUMMER 2004), pp. 73-86 ...

Liuren Wu, Frank Xiaoling Zhang, A No-Arbitrage Analysis of Macroeconomic Determinants of the Credit Spread Term Structure, Management Science, Vol. 54, No. 6 (Jun., 2008), pp. 1160-1175 ...

Generally, arbitrage funds offer an average return of 7-8% per annum. Past trends show that over the last one year, most arbitrage funds have delivered close to 8% returns.