Topic: Arbitage trading - page 4. (Read 661 times)

Usually my trading only with Dex exchange to Centralized Exchanges and focus on BSC coin network, I choose with this network because have lower fees for transaction when sending and swap coin at dex exchange, for deposit to Centralized Exchanges just take few minutes only and maximum 5 minutes coin will credit to my Centralized Exchanges account, still not try with other network but ever using polygon network because have lower fees and transaction faster.

The thing is, the coin has its own chain, (sorry but I won't mention the name of the coin cus most of you might probably know it, they have a signature campaign which have been running on this forum for some time now, they also some times run forum advert here) it's one this bitcoin copy coins, they for now have a very small community, I discovered the coin through their signature campaign which I participated in some time in the past, they have the native chain coin and a wrapped version on binance smart chain and Ethereum blockchain, the native coin was traded on centralized exchanges while the wrapped version was traded on uniswap for Ethereum version and pancakeswap for bsc version.

Initially, there was no bridge to move native coin to wrapped version and vice visa which made the wrapped versions of the coin way more expensive because they had much more lower supply than the native one, recently around August this year, the team launched the bridge but warned community to be very careful while using it due to unstability(which means there might be bugs which might cause one to loss his coins), I guess this put fear in the hearts of those who were supposed to take advantage of the opportunity, so they completely ignored the bridge, when I saw the opportunity, I quickly jumped on it and for like three days, I was the only one using the bridge, I've made a lot of profit already by this time, by the fourth day, people were already seeing transactions happening on the bridge and they began to come in, alot then joined in the arbitrage opportunity and by the fifth day, price of the native coin and the wrapped version was almost the same already..

Cus what I(we) did was buy the native coin on the centralized exchange, (price of native coin goes up a bit) withdraw it to my wallet, then use the bridge to covert it to wrapped version on binance smart chain, then sell it on pancakeswap,(price of wrapped version goes down a bit)  I(we) kept repeating for as many times as I(we) could in a day until prices became almost the same by the fifth day.

It's a very rear opportunity indeed.

Got that same question? How that is possible that no one notice that or maybe they are just quietly enjoying the same perks. But all in all, such opportunities are not always available. In most cases, it's just once in a lifetime.

The process is very possible though with the amount of profits after that 5 day's trade is really wonderful, arbitrage trading is possible but not in that long span of time and not that much in price difference, 50% is quite high and very noticeable. Maybe it's really a lucky week for OP to continuous enjoyed all the benefits.

What the hell? How the hell did you manage to find something like that, and how did nobody else saw that happening? It is insane to see something like that and keep doing that for 5 days, I would probably not be able to sleep for 5 days and non-stop do that without ever going to bed or even getting in front of my pc for eating, I would be 24/7 in front of the pc, aside from bathroom break obviously.

You got lucky there because in the end we do not see that type of chances stay for that long. We usually have something like a few minutes if we are lucky, and not even that much frequently neither. It is cool that you end up making a profit like that in arbitrage, I hope we all get stuff like that in the future as well, kudos mate.

I'm sorry I could not remember that I have come across any kind of discussion on sportsbetting arbitraging. I guess this is the first time that I come to know that arbitraging is possible even on sportsbetting. Thanks for opening eye. I guess this will be more effective for making easy money because we are having lots of bookies these days to find different odds to take advantage of.

Catching the price gap quickly is more important aspect of arbitrage trading and when you are not able to move funds instantly then you should not go for trying it at first hand.

From what I have read from the members' previous posts, there is an opportunity, which is true. You need to consider the point where you need to know where you will arbitrage. Like what I can think of are

• Centralized Exchanges
• DEX
• Sports Betting

The list above is what I could think of where arbitraging is possible.

For the first one, centralized exchanges, you need to have a fast trading setup or trading bot to consider arbitraging because you would be competing with a bunch of bots as well, so you need to be the first one to check on the multiple pairs that could produce that gap between the prices.

For DEX, or decentralized exchange. I think it's most probable to trade manually if you checked a coin that is not that liquid but can be liquid on other chains. I think that's how you can profit from it, but it requires some monitoring as well. I'm not sure how the other members have benefited so much, but if they say they have, then maybe it's true.

Sports betting arbitraging is quite common, I guess. I have read multiple topics here in the gambling discussion, and you need to be aware of the odds on different sites. That way, you could try to take advantage of multiple sites and more profits.

There's not always going to be an arbitrage opportunity manually because there will always be an equalizer within prices. It shouldn't be that far from the global price. I think you should still see bots like Gunbot that can arbitrage. It's impossible to do it manually on famous exchanges like Binance, but approaching it with a bot can be profitable.

How lucky you are when arbitrage most important and keep focus when try with arbitrage trading, some time ever I got loss because have calculated with different altcoin and when success deposit I realize what stupid with me. Many time arbitrage can give us instant profit and I like with this way, until right now keep using arbitrage as my trading and hope can earn much profit for future.

I also had successful deals earlier, but now the time has changed and bots have replaced the person. It is impossible to compete with bots if you are not a bot yourself) The difference in price between exchanges is now leveled within a few minutes and it is very difficult to profit from arbitrage trading.

That is less than 10% and I feel for the time frame of 5 days along with arbitrage opportunity, it must be on lower side as you may keep on making use of the same capital and keep buying and selling to make at least 10x profits if there would not be any delay on withdraw/deposit transactions. Still, 3k without long waiting must be too great to have.

These are the exact things where most traders do get messed up. I had bitter experiences when trying to buy and sell on different exchanges. We need to consider about delays on process time of our withdraws and most of the time prices do converge when we are waiting for something.

I've come across an arbitrage opportunity around August this year which changed my life, if am not mistaken, I saw that opportunity and grab it with a capital of around $26 usd, which was all I had in crypto then, the opportunity was there for over a 5 days, I kept buying the coin on the exchange and reselling them on pancake swap where the price was over 50 percent higher, at the end, in just 5 days, I made over $3000 usd in profit with just $26 usd capital.

So what am I saying, arbitrage trading can be very sweet, risk free and highly profitable if by God's grace one meets a good opportunity, it is capable of turning one's life around for good, but remember before embarking on this, make sure to do a proper calculation, remember the fees to buy and sell on the different exchanges, remember the fees to withdraw from one exchange and another, all this fees are to be put into calculation, what ever the outcome profit/loss is will determine whether the journey is worthy of being embarked on.

Have you ever tried to catch price differences among 3 trading pairs? This is kind of like converting A into B and then B to C and then finally C to A. This must be one of the hidden opportunity that most active traders do miss out as it requires your time and continuous watching price movements.

Moreover, this type of swapping by involving more than 1 trading pairs may get you profits in terms of BTC and not in fiat wise. So, you need to carefully analyze before start involving in any such opportunities. I have made some decent profits for more than 5 times but in more than 3 years of time period. So, it cannot be something we can adopt for routine trading plans.

All of those points are important but probably the one that is the most important of all is the first one you mention, many times in the past I have seen exchanges in which the price of a coin is extremely different than what we see in the rest of the market and many times the reason this is the case is because you cannot withdraw those coins from the exchange, so in that case you are not really seeing an arbitrage opportunity but a potential scam.

I am not a professional crypto trader, but I worked with stock trading in the past and tried myself with arbitrage trading in the past. There are 3 points that caused problems for me and ended up not being so profitable. First of all, we need to take fees into account,since we have to buy and sell at the same time we have to pay fees twice. Secondly, how fast can we react to the arbitrage opportunity? Arbitrage is an inefficiency of the market and will only be around for a very short time. There are other traders looking for the same thing and might react faster. Or it was just an error by the seller or buyer and they quickly cancel their order again. And the last issue I faced was how reliable the trade actually is. I was in a situation where I saw cheap bitcoins bought them instantly and sold them again, just to find out that the buy trade was not being fullfilled and I was left hanging with a sell order. Nonetheless there are arbitrage opportunities that can turn a profit.

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If you have a good amount of money, You can do it. I don't know, where and which coin you want to do arbitrage trade.
IF you want to do it between two centralized exchanges, you need to be more careful. Especially if you want to use Hitbtc exchange. I suggest you check the first deposit and withdraw their current status. Because I have seen many times, whenever a coin price is low in other exchange, it's very pumped in Hitbtc exchange. Whenever I tried to do arbitrage, I just found the Hitbtc deposit system is in maintenance mode.

Also, don't try to do it with the ecr20 coin, because the withdrawal fees will eat most of your profit.

The risk that will be faced when the transaction is delayed and takes a long time so that no one knows for sure the price that occurs because the price movement is quite fast.
the rest we will still benefit if everything goes as desired maybe the cost for the transaction must also be considered with the profits to be gained. otherwise of course we will just exchange money or spend money on expenses. the differences that occur on some exchanges are not very high and with all the risks I do not agree with such trading.

Arbitrage trading is not something that a regular human can do, it is basically something that bots are doing right now and there is nothing that would make it easy for you by doing it with your hands. Not because it is impossible because you could definitely do something like that if you are fast enough but it would require you to constantly check it and then be fast enough that nobody else does it before you.

I have seen a lot of people who buy tons of USDT when it is under one dollar and sell it when it is over one dollars and that is arbitrage as well and that is not really an easy thing to do.

The main reason why it is harder to do right now is the fact that there are too many trading bots that deal with arbitrage these days as well and people end up making a profit that way and that is why it is super fast and a regular person can't be doing it easily.

Yeah you can’t do arbitrage that way. The reason why the arbitrage was possible was because obviously there are delays in transferring from exchanges. So whenever you see some large arbitrage you need to investigate further, because usually there is a reason for it. Most likely is that you can’t get it out of the exchange.

Remember that Korean premium a few years back. The price for Bitcoin on the Korean exchanges was like 5-10%. And people wanted to take advantage and turns out it wasn’t that easy. You would basically be stopped where you can’t withdraw the money from the Korean exchanges back to the other exchange to complete the arb.

During arbitration, you will always depend on how fast the exchange processes withdrawal requests. Today I participated in a discussion on telegram about how some traders bought Flow at a low price on Coinlist in the hope of selling coins at a higher price on Binance, but their withdrawal requests have not yet been processed, despite the fact that more than 10 hours have passed. And now no one knows how much the Flow will cost when it is credited to Binance.

Even then, if the exchange you use is safe from fraud. I don't really like arbitrage, citing the minimal level of cross-finance and also having to check all crypto transaction fees with minimal fees. 50 : 50 may depend if you can manage the arbitration process in a structured way. For example, you have made a planned transaction path scheme.

I doubt if Arbitage is as profitable as it's used to be.  The Cryptocurrency market is more open and software are more advanced these days! The abitrage opportunities are not there.  Those exchange that seem to provide abitrage opportunities are likely going to be scam exchange as your money may be stuck there.