# Arbitraging the AMM Like all other AMMs, Carmine relies on arbitrageurs to keep the price competitive. A core design goal of the AMM was to provide vanilla options that are easily arbitrageable against ones you can buy on exchanges like Deribit or Binance Options. Arbitraging is currently often very profitable, because there's a big overhang of demand to buy options (which pushes the price – often expressed as implied volatility – up) versus the demand to sell options (which pushes the price down). We expect this to continue for the foreseeable future. We are providing CARM token grants for developers of an open-source arbitrage bot that can monitor arbitrage possibilities on Carmine and Deribit and/or other centralized exchanges that offer options. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.carmine.finance/carmine-options-amm/usage/arbitraging-the-amm.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.