Ethereum fees are the problem, and Leodex liquidity is usually too small to cover the fees. But on volatile days, there is some money to be made (even up to 15%).
I wrote a bot that's buying LEO (and DEC) on Hive-engine and selling on Uniswap, but it's currently only working with LEO->WLEO and not in the opposite way (yet).
RE: An arbitrage Opportunity?