[ANN] Bfxdata.com | Bitfinex Market (price and market depth) + Swap Charts - page 10.

dahongfei

member

Activity: 100

Merit: 13

bjornw, thank your for your original work! It helps me to get a whole picture of the historical liquidity rates very well.

There are a few things you might consider to improve:

1. the FRR order is missing from your order book
2. add zoom in to the liquidity demands/offers graph (does highcharts support it?)
3. currently I see two liquidity offers order book where one of them should be liquidity demands.

again, a great job.

PinkPotatos

full member

Activity: 126

Merit: 100

Girls dont crypto?

looks like the cryptsy charts.. and I love them Cheesy

bjornw

full member

Activity: 152

Merit: 100

Quote from: peled1986 on January 13, 2014, 12:19:49 PM

So to make sure i understand you offer @ 0.9-0.99% per day for short periods of 2 days and people take it all the time? - If this is the case, everyone shall start to offer @ 0.5% – 0.99% rates but on the contrary the Flash Return Rate is much lower.

Personally I offer for longer periods, but most of the time the liquidity taker closes his position within 48 hours. At least that's my experience. They are taken, not "all" the time, but quite often.
The Flash Return Rate is the “average rate on Contract for Difference (CFD) of current swaps (per day)” (quoted from bitfinex.com). There’ll be people offering below and above the FRR. In order for the FRR to really change it takes al LOT of volume (keep in Mind currently more than 14 million USD is in open Swaps). But it does change. just 3.5 weeks ago, December 21, the FRR was 0.8 % per day, again take a look at the graph:

Between December 20 and December 25 the lowest liquidity offer was +1% almost all the time...

Quote from: peled1986 on January 13, 2014, 12:19:49 PM

Another question can you try to explain to me a bit about the risk involved in lending? The rate per day is really high and insurance isn't cheap so there must be some big risk involved - On the contrary i read there was no default lending so far.

How big black swan event needs to happen in order for me to not get all my money back? - i read that even when "littleguy" lost his 2.5M all lenders got their money back.

Well I can’t really tell you more then what bitfinex themselves tell us. No defaults have happened thus far, not even in April. Levarage trades will get margin calls if there position is too “risky” take a look at the wiki for more info. Most risk is with the margin trader and only when the markets crash REALLY fast liquidity offeres will get hit.

Quote from: peled1986 on January 13, 2014, 12:19:49 PM

(Sorry for the noob questions)

Cheers.

peled1986

legendary

Activity: 882

Merit: 1002

Thank you for the info!

So to make sure i understand you offer @ 0.9-0.99% per day for short periods of 2 days and people take it all the time? - If this is the case, everyone shall start to offer @ 0.5% – 0.99% rates but on the contrary the Flash Return Rate is much lower.

Another question can you try to explain to me a bit about the risk involved in lending? The rate per day is really high and insurance isn't cheap so there must be some big risk involved - On the contrary i read there was no default lending so far.

How big black swan event needs to happen in order for me to not get all my money back? - i read that even when "littleguy" lost his 2.5M all lenders got their money back.

(Sorry for the noob questions)
Cheers.

bjornw

full member

Activity: 152

Merit: 100

Quote from: peled1986 on January 12, 2014, 03:04:52 PM

I am interested to know what is the highest Rate (% per day) you offered that was taken?
Do people really take 0.5% per day and higher Liquidity offers?

Personally I offer liquidity just under 1 percent, since that is the maximum rate that will be taken automatically when a leverage trader opens a position (i.e. takes a liquidity offer). +1 % offers only get taken if a liquidity taker takes it manually. In my experience these offers are being taken, be it that the last 2 weeks less often than before.

so yes +0.5 % offers are being taken (I don't even bother offering at lower than 0.9 % per day).

My reasoning is that if I offer at say 0.33 % per day. It takes 3 times longer to get the same return compared to a 1 % offer, which also means I can't use these funds myself to do some day trading.

Take a look at the graph in a longer timeframe and you will notice that quite a few times the "lowest liquidity offer" has been 1 % and even higher.

On a side note I'm experiencing some stability problems in my webserver, so sometimes the data for the graphs will be unavailable. I'm working to get this fixed. My apologies if this happens.

regards,

Bjorn

peled1986

legendary

Activity: 882

Merit: 1002

good job on the site!
Bitfinex Liquidity Stats really help.
It’s a shame the API doesn't provide a method to retrieve actual liquidity offers taken.
I am interested to know what is the highest Rate (% per day) you offered that was taken?
Do people really take 0.5% per day and higher Liquidity offers?

bjornw

full member

Activity: 152

Merit: 100

Update 6 Januari 2014:

Bitfinex Stopped using the terms "Loan" and "Lending" and started using the term "Liquidity"
To keep things in par I've also replaced "lending" and "loan" for "liquidity".
Furthermore all dates displayed are now in the user's own local time. These used to be GMT+1 (as I live in Europe).

Please let me know if you'd like to see additional features.

Bjorn

bjornw

full member

Activity: 152

Merit: 100

Hi everyone,

People using Bitfinex know, as I do, that it is a very nice trading platform to use, with some unique features not found on most other platforms/exchanges.

I've been trading there for a while now and overall I’m quite happy with the service provided. However I was missing some stats and charts to assist me in my trading I couldn't find on bitfinex itself or on any external service. To solve this I started to build these myself.

I'd be the first to compliment the creator of bitcoinwisdom.com for doing a great job in providing real-time data for trading on bitfinex, but still I am really missing a graphical representation of the market depth for LTC and BTC.

Also I couldn’t find any historical data on Bitfinex’ swap (Lending) feature anywhere.

For anyone who also has been missing these features, as I did, I’ve built a website to put all the above together.
If I’ve raised your intrest, please feel free to have a peek at:

http://www.bfxdata.com

For now it's very beta project, so keep that in mind Cheesy

.
For now the site will provide the following features:

For Swaps (Lending):

A chart (with accompanying table) with the lowest liquidity offer rate over time (for the last hour/day/week) I Use this because the API doesn't provide a method to retrieve actual liquidity offers taken, this will give an idea of the 'current' and historic rates on liquidity swaps).
A chart with the liquidity demands and offers with accompanying tables. The tables are similar to the ones you’ll find on the "liquidity swaps" tab when are logged in on bitfinex.com.
Charts + tables with the sum total of all open USD liquidity swaps and average rate
"Swap Return Calculator". You can use this to calculate what the return would be on a USD liquidity offer you place on Bitfinex.

For BTC/LTC/DRK exchange

Marketdepth charts + order book tables
exchange rate charts (hour/day/week )
Table with recent trades.
Profit / loss calculators for long and short positions.

Swaps & Price Combined:

Pages with charts combining Swap stats and Price stats for BTC and LTC

I’d love to hear your thoughts about my project. If you miss something, see a bug or have suggestions please give me feedback in this topic.

Regards Bjorn

Topic: [ANN] Bfxdata.com | Bitfinex Market (price and market depth) + Swap Charts - page 10. (Read 50216 times)