# Arbitrage Risk A sophisticated Actor may run their own infrastructure to calculate a Pantomime’s reference-price feed, such as the market capitalization of Bored Ape Yacht Club, and modify their positions when they believe there is extractable value available between the last on-chain reference price and the current reference-price. We believe arbitrage of this nature is a healthy and efficient market dynamic, and one that will be mitigated organically as more and more players race against each other to capture alpha. We will further mitigate this risk by publishing robust Node and Python developer SDKs and well-documented code examples that teach novice software engineers how to easily interact with the Mimicry smart contracts. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.mimicry.org/whitepaper/risks-and-mitigations/arbitrage-risk.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.