Arbitrage and Hedge Calculator
All calculatorsThis calculator splits a total stake across two opposing prices so the return is the same whichever side lands. It tells you whether the two prices make a true arbitrage or simply the best available hedge.
What it does. It splits a stake across both sides of a market so you lock the same result no matter who wins, and it tells you if there is a guaranteed profit.
How to use it. Enter the two prices, ideally from two different books, and your total stake. You get the split, the payout, and the return on your money.
Why it matters. When two books disagree by enough, betting both sides can guarantee a profit with no risk at all. The same math shows you how to hedge out of a bet you already hold, to bank a profit or cut a loss.
The guide behind this tool, in plain language.
Other tools that pair well with this one.