I have noticed sometimes there is a $10 spread between WETH and ETH and wonder how I can make a quick buck from this…I posed the question before but it isn’t a ‘no brainer’ for me as I can’t code yet.
Now correct me if I am wrong about this but I recall not long ago that one could wrap and unwrap ETH for free…I remember doing that 6-8 weeks ago I think. Can you still do that and where as that is a quick way to make a buck.
Technically this isn’t arbitrage because weth and eth are not the same banana…but ultimately they are the same thing…but dumb this down a little for me because there definitely is a way to make money here as at 5am WETH was over $400 and ETH was like $389 and I have seen the opposite when WETH was worth a lot less.
I found a pretty neat DEFI called FURUCOMBO.app in which you can do no program flash loans but just not sure how to do it (or if it is even possible with) the decentralized application.
Your thoughts and direction appreciate.