Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from a difference in its price. Arbitrage is when an asset (stocks, currencies, etc.) is bought in one market and sold in another for a higher price.The California Debt and Investment Advisory Commission (CDIAC) provides information, education, and technical assistance on debt issuance and public. "Arbitrage is the simultaneous purchase and sale of an asset to profit from an imbalance in the price. The federal income tax laws impose complex and burdensome arbitrage and rebate regulations upon government agencies, including a requirement that certain.