The act of buying and selling goods simultaneously in different markets to gain an immediate profit. Impressive, but tricky.Arbitrage is when an asset (stocks, currencies, etc.) is bought in one market and sold in another for a higher price. Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from a difference in its price. Real Estate Services Forms. Note: These documents must be prepared in accordance with ORC 317.114 - Standard format of instruments to be recorded. The simultaneous purchase and sale of the same securities, commodities, or foreign exchange in different markets to profit from unequal prices. This is the twiceweekly hidden open thread. You can also talk at the SSC subreddit or the SSC Discord server.