> For the complete documentation index, see [llms.txt](https://fluxtra-lsd.gitbook.io/fluxtra-lsd-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://fluxtra-lsd.gitbook.io/fluxtra-lsd-docs/manual-arbitrage.md).

# Manual Arbitrage

## **Manual Arbitrage Tool**

The **Manual Arb** feature enables users to identify and execute arbitrage opportunities within the Fluxtra ecosystem. It converts a selected token into its liquid staking derivative (**ftOM**) and checks whether the returned amount exceeds the initially inputted amount, allowing users to take advantage of profitable price discrepancies.

***

#### **How It Works**

**User Input Parameters**

1. **Arbitrage Amount** – The amount of capital allocated for the arbitrage transaction.
2. **Arbitrage Token** – The specific token being used for the arbitrage check.
3. **Unbond Option** – Users can choose whether the resulting **ftOM** should be unbonded immediately.
4. **Buffer Setting** – Since arbitrage transactions occur in real-time, market fluctuations may impact execution. A buffer reduces the risk of failed transactions due to simultaneous swaps. If a user holds **ftOM** in their wallet, they can select "Unbond Everything" to initiate unbonding within the same transaction, allowing them to claim their assets after the required unbonding period.

**Output & Results**

1. **Swap Estimate** – Displays the expected amount of **ftOM** received from the conversion.
2. **Unbond Calculation** – Calculates the final asset value based on the current **ftOM** exchange rate during the slow-burn unbonding process.
3. **Profit/Loss Projection** – Indicates whether the arbitrage transaction is profitable, incorporating protocol fees (excluding network transaction fees).
4. **Withdrawal Reminder** – If unbonding is selected, users must withdraw their funds after the required waiting period via the designated withdrawal page.
5. **Transaction Fee Simulation** – Provides an estimated gas fee for the arbitrage transaction.

***

#### **Swap Routing & Execution**

To determine the most efficient conversion path between token and **ftOM**, Fluxtra utilizes **TFM (Token Flow Matching)** to identify optimal swap routes, minimizing slippage and maximizing arbitrage efficiency.

***

#### **Fee Structure**

* **For Fluxtra’s Native LSDs (ftOM)** – **0% fee** for product usage.

As such the **Manual Arb Tool** empowers users to capture arbitrage profits efficiently while maintaining flexibility.


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