Its done only without Polymarket Hedge

Shrimpman · 2025-07-23T16:44:16.417074Z

Here again the correlation in which you can see that $COIN $HOOD lags behind, in order to hedge the general market risk the Robinhood short was bought and I therefore "only" bet on Coinbase performing better than Robinhood.

The idea is to buy Coinbase (shares or calls) and then short Robinhood. In other words, a bet that Coinbase will perform better relative to Robinhood. The whole thing is then hedged with the Polymarkettrade. If everything is bought at the right price, an arbitrage opportunity should arise.

Polymarkettrade (hedge): https://polymarket.com/event/will-coin-surpass-100b-market-capitalization-by-q4-2025?tid=1753213019065

Robinhood will ever overtake Coinbase in market capitalization by the end of 2025.

Yes is currently tradable for around 20 cents

For this to happen $HOOD (+3.37%) rise sharply or $COIN (+2.13%) which is unlikely as both have the same target group, so either both rise or both fall.

The idea can also be complete garbage, work in progress !

It's done, only without Polymarket Hedge

Arbitrage idea: Coinbase vs. Robinhood + Polymarket