Short answer

See the steps and notes below for Arrow account opening guidance.

Example Scenario

Assume you hold Reliance shares in your demat account and notice:

Reliance trades at ₹2604 on BSE

Reliance trades at ₹2600 on NSE

Your arbitrage strategy:

Sell your Reliance shares on BSE at ₹2604

Buy the same quantity of Reliance shares on NSE at ₹2600

Earn ₹4 profit per share (excluding transaction costs)