{"sources":[{"url":"https://github.com/gtmcknight/amm-sim/blob/4812a6382311624e1506aca131ca35c378f930d9/research/solved/README.md","quote":"The rival's spot is known from our own trades. After an order that splits, both pools sit at the same marginal price: rival spot = own spot x 0.997 / (1 - own fee) on a buy, own spot x (1 - own fee) / 0.997 on a sell."},{"url":"https://github.com/gtmcknight/amm-sim/blob/4812a6382311624e1506aca131ca35c378f930d9/research/solved/README.md","quote":"Price between arb pins is the whole problem."}]}