How to Play

Welcome to the Institutional Trading War Room. Your goal is to execute profitable strategies based on live market data.

Multi-Exchange Arbitrage

The table displays simulated live prices from multiple exchanges. The best opportunity is highlighted. Your job is to:

• Monitor the "Net Profit" column, which accounts for gas fees.
• Adjust the "Gas Fee" slider to see how network congestion affects profitability.
• When you see a profitable opportunity, click "Execute Arb" to lock in the profit. Prices change quickly!

Futures Basis Trainer

This module simulates the difference between the spot price and futures price of an asset.

• Observe the "Basis" (the difference). A positive basis (Contango) means futures are more expensive.
• Use the calculator to see the potential annualized yield from a "cash and carry" arbitrage (buy spot, short futures).
• Click "Execute Hedge" to simulate opening the position, which will appear on your PnL dashboard.

OTC Desk Simulator

Negotiate a large block trade with an AI whale.

• The whale will request a quote (RFQ). Respond with your offer in the chat.
• The whale will counter-offer. You must decide whether to accept their price or try to negotiate further.
• Be aware of compliance alerts for large trades.