{"id":"https://openalex.org/W4410153015","doi":"https://doi.org/10.1109/tcss.2025.3560018","title":"Lasagne: A Suite of High-Profit Arbitrage Strategies for Blockchain-Based Decentralized Exchanges","display_name":"Lasagne: A Suite of High-Profit Arbitrage Strategies for Blockchain-Based Decentralized Exchanges","publication_year":2025,"publication_date":"2025-05-07","ids":{"openalex":"https://openalex.org/W4410153015","doi":"https://doi.org/10.1109/tcss.2025.3560018"},"language":"en","primary_location":{"id":"doi:10.1109/tcss.2025.3560018","is_oa":true,"landing_page_url":"https://doi.org/10.1109/tcss.2025.3560018","pdf_url":null,"source":{"id":"https://openalex.org/S2490693980","display_name":"IEEE Transactions on Computational Social Systems","issn_l":"2329-924X","issn":["2329-924X","2373-7476"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Computational Social Systems","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.1109/tcss.2025.3560018","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5114973222","display_name":"Yifei Liang","orcid":null},"institutions":[{"id":"https://openalex.org/I47720641","display_name":"Huazhong University of Science and Technology","ror":"https://ror.org/00p991c53","country_code":"CN","type":"education","lineage":["https://openalex.org/I47720641"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yifei Liang","raw_affiliation_strings":["National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China"],"raw_orcid":"https://orcid.org/0009-0004-0676-7875","affiliations":[{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]},{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5046092496","display_name":"Xiaohai Dai","orcid":"https://orcid.org/0000-0001-7822-4512"},"institutions":[{"id":"https://openalex.org/I47720641","display_name":"Huazhong University of Science and Technology","ror":"https://ror.org/00p991c53","country_code":"CN","type":"education","lineage":["https://openalex.org/I47720641"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xiaohai Dai","raw_affiliation_strings":["National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China"],"raw_orcid":"https://orcid.org/0000-0001-7822-4512","affiliations":[{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]},{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5012823380","display_name":"Chenchen Li","orcid":"https://orcid.org/0000-0001-8742-847X"},"institutions":[{"id":"https://openalex.org/I47720641","display_name":"Huazhong University of Science and Technology","ror":"https://ror.org/00p991c53","country_code":"CN","type":"education","lineage":["https://openalex.org/I47720641"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Chenchen Li","raw_affiliation_strings":["National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China"],"raw_orcid":"https://orcid.org/0000-0001-8742-847X","affiliations":[{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]},{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5088791909","display_name":"Minrui Wu","orcid":"https://orcid.org/0000-0003-1968-7917"},"institutions":[{"id":"https://openalex.org/I47720641","display_name":"Huazhong University of Science and Technology","ror":"https://ror.org/00p991c53","country_code":"CN","type":"education","lineage":["https://openalex.org/I47720641"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Minrui Wu","raw_affiliation_strings":["National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China"],"raw_orcid":"https://orcid.org/0000-0003-1968-7917","affiliations":[{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]},{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5002146800","display_name":"Jiang Xiao","orcid":"https://orcid.org/0000-0002-4216-0497"},"institutions":[{"id":"https://openalex.org/I47720641","display_name":"Huazhong University of Science and Technology","ror":"https://ror.org/00p991c53","country_code":"CN","type":"education","lineage":["https://openalex.org/I47720641"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jiang Xiao","raw_affiliation_strings":["National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China"],"raw_orcid":"https://orcid.org/0000-0002-4216-0497","affiliations":[{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]},{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5066465215","display_name":"Keke Gai","orcid":"https://orcid.org/0000-0001-6784-0221"},"institutions":[{"id":"https://openalex.org/I125839683","display_name":"Beijing Institute of Technology","ror":"https://ror.org/01skt4w74","country_code":"CN","type":"education","lineage":["https://openalex.org/I125839683","https://openalex.org/I890469752"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Keke Gai","raw_affiliation_strings":["School of Cyberspace Science and Technology, Beijing Institute of Technology, Beijing, China"],"raw_orcid":"https://orcid.org/0000-0001-6784-0221","affiliations":[{"raw_affiliation_string":"School of Cyberspace Science and Technology, Beijing Institute of Technology, Beijing, China","institution_ids":["https://openalex.org/I125839683"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5022262922","display_name":"Hai Jin","orcid":"https://orcid.org/0000-0002-3934-7605"},"institutions":[{"id":"https://openalex.org/I47720641","display_name":"Huazhong University of Science and Technology","ror":"https://ror.org/00p991c53","country_code":"CN","type":"education","lineage":["https://openalex.org/I47720641"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Hai Jin","raw_affiliation_strings":["National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China"],"raw_orcid":"https://orcid.org/0000-0002-3934-7605","affiliations":[{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, and the Cluster and Grid Computing Laboratory, School of Computer Science and Technology, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]},{"raw_affiliation_string":"National Engineering Research Center for Big Data Technology and System, Services Computing Technology and System Laboratory, Huazhong University of Science and Technology, Wuhan, China","institution_ids":["https://openalex.org/I47720641"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":7,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.2858,"has_fulltext":false,"cited_by_count":2,"citation_normalized_percentile":{"value":0.90833715,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":96},"biblio":{"volume":"12","issue":"6","first_page":"4456","last_page":"4468"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9829000234603882,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9829000234603882,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9801999926567078,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.9472000002861023,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/blockchain","display_name":"Blockchain","score":0.8728221654891968},{"id":"https://openalex.org/keywords/arbitrage","display_name":"Arbitrage","score":0.6547998785972595},{"id":"https://openalex.org/keywords/suite","display_name":"Suite","score":0.6126793026924133},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5383703708648682},{"id":"https://openalex.org/keywords/computer-security","display_name":"Computer security","score":0.5344423651695251},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.5115671753883362},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4701331555843353},{"id":"https://openalex.org/keywords/statistical-arbitrage","display_name":"Statistical arbitrage","score":0.4464603066444397},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.1943396031856537},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.18797889351844788},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.15343540906906128},{"id":"https://openalex.org/keywords/risk-arbitrage","display_name":"Risk arbitrage","score":0.07195925712585449}],"concepts":[{"id":"https://openalex.org/C2779687700","wikidata":"https://www.wikidata.org/wiki/Q20514253","display_name":"Blockchain","level":2,"score":0.8728221654891968},{"id":"https://openalex.org/C160623529","wikidata":"https://www.wikidata.org/wiki/Q273088","display_name":"Arbitrage","level":2,"score":0.6547998785972595},{"id":"https://openalex.org/C79581498","wikidata":"https://www.wikidata.org/wiki/Q1367530","display_name":"Suite","level":2,"score":0.6126793026924133},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5383703708648682},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.5344423651695251},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.5115671753883362},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4701331555843353},{"id":"https://openalex.org/C167416602","wikidata":"https://www.wikidata.org/wiki/Q2859660","display_name":"Statistical arbitrage","level":5,"score":0.4464603066444397},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.1943396031856537},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.18797889351844788},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.15343540906906128},{"id":"https://openalex.org/C42854785","wikidata":"https://www.wikidata.org/wiki/Q2154735","display_name":"Risk arbitrage","level":4,"score":0.07195925712585449},{"id":"https://openalex.org/C142450864","wikidata":"https://www.wikidata.org/wiki/Q629941","display_name":"Arbitrage pricing theory","level":3,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C181236170","wikidata":"https://www.wikidata.org/wiki/Q848354","display_name":"Capital asset pricing model","level":2,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/tcss.2025.3560018","is_oa":true,"landing_page_url":"https://doi.org/10.1109/tcss.2025.3560018","pdf_url":null,"source":{"id":"https://openalex.org/S2490693980","display_name":"IEEE Transactions on Computational Social Systems","issn_l":"2329-924X","issn":["2329-924X","2373-7476"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Computational Social Systems","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.1109/tcss.2025.3560018","is_oa":true,"landing_page_url":"https://doi.org/10.1109/tcss.2025.3560018","pdf_url":null,"source":{"id":"https://openalex.org/S2490693980","display_name":"IEEE Transactions on Computational Social Systems","issn_l":"2329-924X","issn":["2329-924X","2373-7476"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Computational Social Systems","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G6224321071","display_name":null,"funder_award_id":"62202187","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":28,"referenced_works":["https://openalex.org/W2897450989","https://openalex.org/W2912514591","https://openalex.org/W3091755869","https://openalex.org/W3120405143","https://openalex.org/W3137707325","https://openalex.org/W3152829963","https://openalex.org/W3154728977","https://openalex.org/W3155854917","https://openalex.org/W3157367845","https://openalex.org/W3175824420","https://openalex.org/W3181121393","https://openalex.org/W3185681042","https://openalex.org/W3210337896","https://openalex.org/W3211314335","https://openalex.org/W3214248890","https://openalex.org/W4200284264","https://openalex.org/W4220884837","https://openalex.org/W4225117271","https://openalex.org/W4229815470","https://openalex.org/W4250736731","https://openalex.org/W4252261040","https://openalex.org/W4255165712","https://openalex.org/W4287203512","https://openalex.org/W4310055008","https://openalex.org/W4312775934","https://openalex.org/W4319342003","https://openalex.org/W4377086958","https://openalex.org/W4385012161"],"related_works":["https://openalex.org/W2505925597","https://openalex.org/W4250107978","https://openalex.org/W4383197394","https://openalex.org/W2363171451","https://openalex.org/W4320525776","https://openalex.org/W149428408","https://openalex.org/W2351869549","https://openalex.org/W1536457414","https://openalex.org/W2697748642","https://openalex.org/W2386799696"],"abstract_inverted_index":{"Sandwich":[0,22],"arbitrage":[1,23,54],"is":[2,84],"a":[3,39,51,72,87,105],"popular":[4],"strategy":[5,55],"for":[6],"blockchain-based":[7],"decentralized":[8,14],"exchange":[9],"(DEX)":[10],"users":[11],"to":[12,38,86],"facilitate":[13],"token":[15],"exchanges":[16],"and":[17,30,79,94,112],"make":[18],"profits.":[19],"However,":[20],"conventional":[21],"only":[24],"focuses":[25],"on":[26],"one":[27],"big-deal":[28],"transaction":[29,92],"executes":[31],"arbitrary":[32],"actions":[33],"within":[34],"an":[35],"intrablock,":[36],"leading":[37],"huge":[40],"loss":[41],"of":[42,60,74,82,102,110],"profit":[43,61],"opportunities.":[44],"In":[45],"this":[46],"article,":[47],"we":[48],"present":[49],"Lasagne,":[50],"novel":[52,75],"high-profit":[53],"that":[56],"allows":[57],"the":[58,100],"exploration":[59],"opportunities":[62],"from":[63],"multiple":[64],"small-deal":[65],"transactions":[66],"across":[67],"interblocks.":[68],"Specifically,":[69],"Lasagne":[70,103],"involves":[71],"suite":[73],"strategies:":[76],"fishing,":[77],"bundle,":[78],"grid,":[80],"each":[81],"which":[83],"tailored":[85],"liquidity":[88],"pool":[89],"with":[90],"diverse":[91],"frequencies":[93],"skewness.":[95],"The":[96],"experimental":[97],"results":[98],"demonstrate":[99],"superiority":[101],"over":[104],"state-of-the-art":[106],"sandwich":[107],"in":[108],"terms":[109],"feasibility":[111],"effectiveness.":[113]},"counts_by_year":[{"year":2025,"cited_by_count":2}],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}