Intro
Most people fail at crypto arbitrage not because it doesn’t work…
But because they don’t know how to track price differences properly.
In this post, I’ll show you exactly how I check Binance vs Naira rates daily.
Step 1: Check USDT Price on Binance
Go to Binance P2P.
- Look at USDT NGN sell price
- Focus on verified merchants
- Ignore unrealistic rates
Step 2: Compare With Naira Market Rate
Check:
- Black market rate (Aboki rate)
- Or trusted sources
👉 This tells you if crypto is overpriced or underpriced
Step 3: Calculate the Spread
Example:
- Binance: ₦1,500
- Market rate: ₦1,550
👉 Spread = ₦50
This is your potential profit zone.
Step 4: Watch for Fees
Always subtract:
- Transfer fees
- Platform fees
This is where most beginners lose money.
Step 5: Repeat Daily
Consistency is everything.
I check rates:
- Morning
- Afternoon
- Evening
This helps me spot opportunities faster.
Common Mistakes
- Using random sellers
- Ignoring fees
- Not tracking daily
- Waiting too long
👉 If you don’t fully understand arbitrage yet, read this first:
What is Crypto Arbitrage in Nigeria (and is it still profitable in 2026?)
Ending
Crypto arbitrage is not about guessing.
It’s about tracking, speed, and discipline.
NairaFlow Systems 
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