Has anyone tried the airbnb arbitrage strategy in the NOVA market? What do you guys think of Arlington, Annandale, Alexandria and Tysons Corner Airbnb?This is an action for breach of an indenture agreement, dated as of July 14, 2003. Loose Definition of Arbitrage: A trading strategy that earns something from nothing, no matter how the market evolves in the future. Arbitrage pricing theory (APT) is an alternative to the capital asset pricing model (CAPM) for explaining returns of assets or portfolios. ABSTRACT. No-arbitrage is the fundamental principle of economic rationality which unifies normative decision theory, game theory, and market theory. The Unclaimed Property Program returns money, stocks, bonds, dividends, utility deposits, insurance proceeds, tangible property and more to Virginia residents.