Do you have serious infrastructure or found something in a niche market? If it's infra, how much did you invest in it?
About a million dollars, give or take. It's a technology game. AMMs net ROC vs gross ROC are very different. In my case it's a niche market but with some infrastructure investment in finding opportunities and interpreting them. My firm is not really set up for proper low latency games nor do I have any experience in it, so I don't get involved.