The profit from buying something in one market and selling it in another. Airbnb rental arbitrage is the act of renting a property longterm and then rerenting it shortterm on vacation rental sites like Airbnb or Vrbo.Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from a difference in its price. Locational arbitrage. Attempt to exploit discrepancies in exchange rates between banks. This article will discuss forming an LLC for Airbnb arbitrage. Airbnb arbitrage usually means renting a home and then re-renting it on Airbnb.