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Arbitrage

Spread between Exchanges BTCBRL (Foxbit x MercadoBitcoin)In order to summarize an opportunity that pops up once in a while, I´ve seen that due to a disparity across exchanges (liquidity, fees charged and wallet availability) they´ve must have a perpetual difference in prices, however, no more than 3%, MercadoBitcoin higher than Foxbit. Why? 1) MercadoBitcoin charges 1.99% over deposits in BRL. Foxbit doesn´t. (+1.99% spread) 2) MercadoBitcoin charges 1.99% over withdraws in BRL. Foxbit charges 1.39% only. (+0.6% spread) 3) MercadoBitcoin charges 0.3% for passive orders and 0.7% for active order. Foxbit charges 0.25% and 0.5%, respectively. (+0,05% //+0,2%) Obs: Suppose that you have at least 1 BTC (MercadoBitcoin only allows deposits and transfers for 1 BTC) and that fees paid for miners will be the same. So, summing them up it means that MercadoBitcoin have +2.8% cost incurred in its price, meaning that if prices have distortions more than +2.8% it signalizes gains for the following trade: Long BTCBRL on MercadoBitcoin // Short BTCBRL on Foxbit. Any comments/tips are highly appreciated.
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by RafaelMenicucciGomes
1
Spread between BTCBRL and BTCUSDLooks like we had an opportunity to explore the arbitrage spread between BRL / USD using bitcoin in August. It existed until late September but closed in 2 days, coming back from 20% to 7%. Another window was back in May.17, but it lasted for shorter than the Aug one, which is interesting. Do you guys agree? How could be possible that the market let this happen for longer than it has previously occurred? Is there a lack of transactional liquidity in Brazil that didn´t allow crypto traders to take advantage of those arbitrage opportunity as they would like to? Please share your thoughts. RMG
by RafaelMenicucciGomes
2
Unique arbitrage oppurtunity What you are looking at here is an interesting ratio. First part is the ETHUSD/ETHEUR ratio, as given by Kraken. This simply gives the EURUSD ratio in terms of ETH. Theoretically, this should be the exact EURUSD as given by forex, but it sometimes isn't. So if we look at the (ETHUSD/ETHEUR) ratio and compare it to the real EURUSD ratio, it looks like this: ETHUSD/ETHEUR/EURUSD. When it is perfectly 1.00 there is no arbitrage opportunities, but when including commission and slippage it seems to only be profitable above 1.01 and below 0.99. In practice this would be executed in an API being triggered to move EUR to USD through ETH when the ratio is at or above 1.02 and then back to EUR through ETH when the ratio is at or below 0.98. This would roughly give you a 3% profit in your EUR holdings when this is triggered. Of course this can be done between any 3 currency pairs. BTCUSD/BTCEUR/EURUSD, BTCXRP/BTCETH/ETHXRP, or anything of the form ab/ac/cb.
KRAKEN:ETHUSDEducation
by mcbw_
6
Look at BITFINEX price movements when trading Zcash on KRAKENLooks like there are great Opportunities when you trade Zcash (ZECUSD) on Kraken while keeping an Eye on the Zcash movements on BITFINEX. My Strategy-Script (and the associated Study) CryptoArbitrageDivergenceStrategy looks for Price-Anomalies/ Divergences between Crypro-Exchanges. In this case we look for Situations when the Zcash Price is rising on KRAKEN while the Price on BITFINEX is falling or vice-versa. If such a Divergence appears, probability is high, that the current trend reverses or with other words: The Price on KRAKEN follows the Price on BITFINEX.
KRAKEN:ZECUSD
by TradingClue