Topic: Arbitrage: have you ever tried and how much have you earned so far? (Read 2353 times)
I have never tried arbitration, but I have a friend who has done it but he says that the risk is very high and the profit is very low, that is, it is not worth doing because it is not really profitable, he has tried to do it even with currencies going from Dollar to a local currency and from the local currency back to Bitcoin, but the biggest gain it has achieved is 0.001BTC.
June 04, 2019, 06:34:47 PM
arbitrage needs professional judgement and continuity, most individuals are not very succesful, like me. Because of transactian fees you have to beat the market, otherwise tge expectation would be neutral.
July 31, 2018, 02:38:07 AM
Arbitrage is fantastic in theory and on paper, but when it comes to practicality of it, you will realize that it take more effort and resources to be successful in arbitrage. I still encourage those that can afford arbitrage to do it. It help liquidity level in the market.
July 31, 2018, 02:32:04 AM
100% did it when 2015-2016 from Bittrex to Poloniex and so did the opposite.
But unfortunately it is now difficult to look for Arbitrations because everyone starts to understand with a bit of a difference will make Exchange falter.
But unfortunately it is now difficult to look for Arbitrations because everyone starts to understand with a bit of a difference will make Exchange falter.
June 22, 2018, 02:03:53 PM
I never tried arbitrage because of the time that I have, I am too busy and I cannot entertained any investment or promos that the cryptocurrency group offer to the public.
June 10, 2018, 01:14:06 PM
these days i keep seeing a lot of topics and comments in this board talking about arbitrage trading.
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
That's the traders job, they should always look on different markets to get the best price to trade because there are a lot exchangers out there with different prices and if you want to earn more profit then you need to check every chart.
June 10, 2018, 01:06:31 PM
yes i have tried it before from my local exchange to yobit exchange but i get worst experience during my first Arbitrage method because the confirmations to send the coins were pretty long even after my transactions was confirmed then the price was change and dropped and i failed to get profit even at that time i was loss and since that i consider Arbitrage is risky
That is usually the issue one would always have when it comes to arbitrage which makes it a whole lot risky.Sometimes, even when a network transaction of the coin is fast, some exchanges do not do that immediately, some may even close deposit or withdrawal and some other things.
Hence, moving coins around exchanges can be a whole lot risky and you may end up losing so much than gaining. I simply prefer normal trading, at least, a lot easier than the stress that comes with arbitrage unless the percentage between those coins is just too much to overlook.
June 10, 2018, 10:57:50 AM
Some exchanging sites especially sites with larger volume, Have good amount value of coins, Since I have other accounts on exchanger sites,It is very essential also to do arbitrage because your aim here is to earn huge profit, Ive been doing this 3 months ago and all i can say, It really works:)
It's all about timing, though we see differences between exchange in terms of value but most of the time it was just created by the bots, people mistakenly seen this opportunities without knowing the risk, its profitable indeed because you are dealing with sure profits if being properly escalated but the risk is also high, I was able to this before with draco project, buying coins from cryptopia and selling it inside bittrex, it was few of us knew how to transfer from nxt wallet so the difference between exchange value was huge, and I can say that its really fun and very profitable back then. June 10, 2018, 10:33:23 AM
Nearly 4 or 5 months ago, when many coins were newly listed on Binance. I've ever tried arbitrage traded TRIG token, when i knew the news, i bought it on Bittrex and withdrawn to Binance then sold with double profit (bittrex charged 5 TRIG as withdrawal fee, it's mean ~60$, that's suck).
June 10, 2018, 09:51:36 AM
I have tried it once with altcoins a long time ago. I bought UltraCoin through Mintpal at around 5000 satoshi as as soon as I noticed a buy order of around 1 BTC worth of UltraCoins at 8000 satoshi on Cryptsy, but.... Cryptsy didn't post my deposit even after hours and hours of waiting, and a huge load of confirmations (not sure whether or not it was done on purpose, but it was definitely strange). Result -- I barely managed to break even. After that I have never ever used Cryptsy again. It was also the end of arbitrage trading for me.
Thats why arbitrage is very risky but profitable if you will only find appropriate exchanges for you to make dealings,i have tried this or how many times when my internet provider is still accurate but now i stopped doing it because my internet is turtle move since arbitrage needs faster network because every seconds counts and important to make transactions or else you'll be late and losing is what you may haveIt was really a huge percentage difference between bittrex and HitBTC, but before I could say Jack Robinson, some guys who were just thinking like you have moved so fast to get it back up and a bit over the notch, but I guess I would still give it a try again later on though, but it is always best when at least the margin is a bit on the high side.
June 09, 2018, 09:49:35 AM
these days i keep seeing a lot of topics and comments in this board talking about arbitrage trading.
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
Hi everyone,
We just published an article showing how real world arbitrage in crypto is more difficult that what many people claim. The article is available here: https://blog.coinfabrik.com/what-i-have-learned-from-my-arbitrage-experiences-with-cryptoassets/ and is the starting point of a series of articles in this topic.
Hope it helps.
fede caccia
June 09, 2018, 07:32:14 AM
I often do arbitration on local Exchange in my country, and it can only profit about 11% with local altcoin also made my own country.
if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
I have never really tried it and I am not sure I even want to.if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
I am happy with the huge percentage I make from trading daily, which I believe that is good enough for anyone who is not ready to take some unnecessary risk. Arbitrage is a whole lot risky most especially in this world where everything obviously can happen fast as the level of volatility is high.
Unless you are doing arbitrage on coins that have fast transactions, fewer fees on transaction with exchanges, and exchanges that you can trust, then you can go ahead, but we know that is a bit hard in the crypto world.
Even myself didnt tried out to do arbitrage even though you do know how it was done but doing it on actual basis would really be hard.Precies timing and fast confirmation between exchanges would really be mainly needed.
June 09, 2018, 07:17:59 AM
Some exchanging sites especially sites with larger volume, Have good amount value of coins, Since I have other accounts on exchanger sites,It is very essential also to do arbitrage because your aim here is to earn huge profit, Ive been doing this 3 months ago and all i can say, It really works:)
June 09, 2018, 07:09:45 AM
I often do arbitration on local Exchange in my country, and it can only profit about 11% with local altcoin also made my own country.
if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
I have never really tried it and I am not sure I even want to.if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
I am happy with the huge percentage I make from trading daily, which I believe that is good enough for anyone who is not ready to take some unnecessary risk. Arbitrage is a whole lot risky most especially in this world where everything obviously can happen fast as the level of volatility is high.
Unless you are doing arbitrage on coins that have fast transactions, fewer fees on transaction with exchanges, and exchanges that you can trust, then you can go ahead, but we know that is a bit hard in the crypto world.
June 08, 2018, 05:57:24 AM
I also never do it this trading strategy, and i think this trading will consuming much times and not efisien because we should be check all price of crypto in many exchange, but only promising small profit. I prefer doing day trading with scalping to increase profit than arbitrage.
June 08, 2018, 05:20:13 AM
I have not used arbitrage strategies yet, but I really want to do it. But you need to go through serious training. Currently, I am looking for experts who can learn you arbitrage strategies.
June 08, 2018, 03:16:24 AM
It is profitable but you need to be very smart and pay a lot of attention to the difference between the price between exchanges, and also, it requires a lot of time to be honest
June 08, 2018, 03:14:39 AM
I have tried it once with altcoins a long time ago. I bought UltraCoin through Mintpal at around 5000 satoshi as as soon as I noticed a buy order of around 1 BTC worth of UltraCoins at 8000 satoshi on Cryptsy, but.... Cryptsy didn't post my deposit even after hours and hours of waiting, and a huge load of confirmations (not sure whether or not it was done on purpose, but it was definitely strange). Result -- I barely managed to break even. After that I have never ever used Cryptsy again. It was also the end of arbitrage trading for me.
Thats why arbitrage is very risky but profitable if you will only find appropriate exchanges for you to make dealings,i have tried this or how many times when my internet provider is still accurate but now i stopped doing it because my internet is turtle move since arbitrage needs faster network because every seconds counts and important to make transactions or else you'll be late and losing is what you may have 
June 08, 2018, 03:05:50 AM
yes i have tried it before from my local exchange to yobit exchange but i get worst experience during my first Arbitrage method because the confirmations to send the coins were pretty long even after my transactions was confirmed then the price was change and dropped and i failed to get profit even at that time i was loss and since that i consider Arbitrage is risky
June 08, 2018, 01:08:21 AM
I often do arbitration on local Exchange in my country, and it can only profit about 11% with local altcoin also made my own country.
if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
May 01, 2018, 05:20:23 AM
I never do that because in my opinion to do that you have to chooce big exchange that has high volume so will be get better liquidity. This trading methode is too consuming times because we have to check all price of crypto in many exchange and also there are any risk when transaction corfirmed too long and the price can be changed.
April 29, 2018, 05:24:07 PM
The latest one I tried was last month for a token.
A new exchange and a forgotten one, the price discrepancy was big and no traffic.
Bought 0.3 eth worth of token and get 0.8 something in return, clean, in under one hour.
As a noob, I felt like a champ
A new exchange and a forgotten one, the price discrepancy was big and no traffic.
Bought 0.3 eth worth of token and get 0.8 something in return, clean, in under one hour.
As a noob, I felt like a champ
April 29, 2018, 03:36:48 PM
I have done this many times. It allows for a quick profit, although I do not do it now as I do not have time to be looking around. I can say that if you are looking into doing this it requires time, and ability to look around quickly. There are some bots you can get that will automatically notify you of arbitrage opportunities, but these bots are widespread, so you're up against stiff competition with or without the bot.
April 09, 2018, 03:45:32 AM
I have never tried arbitrage trading and though I have a desire to make serious money out of it. I have been trading all this while though I seriously believe that one day I am going to diversified into another arbitrage trading. I have read many stories on how people are making good money through it and I seriously have a desire that I should join them.
April 09, 2018, 03:15:06 AM
I've also tried arbitrage 3 days ago between poloniex and bittrex for emc2 coin. The gap was big enought to make profit. I transfer the tokens to bittrex. And then the gap got much smaller. So I finished it with a very little profit.
Nice sharing. Could you please share how you managed to spot the gap for that particular coin ? Are you continuously trading that coin alone or do you keep on checking multiple coins for gaps from one exchange to another exchange ? I just wonder how people finds the gap between exchanges and making profits from arbitrage trading.I guess if we are holding some coins and checking for better prices in one or two exchanges then we may find gaps for that one particular coin. Otherwise we must need bots to help us to spot gaps across exchanges.
same would love to know how you detect those arbitrage.
also what are the crypto that move fast like eth,litecoin ?
Stellar. Stellar is really quick. It is faster than even Eth.
December 18, 2017, 12:46:54 AM
What's the difference between trading and arbitrage trading in crypto context?
Actually i never try arbitrage technique trading. I was thinking if we can do it fast, it will be profitable.
Arbitrage is one of trading strategy where you buy any altcoin in first exchanger then you send and sell it in second exchanger because there is different price between those exchanger.
December 18, 2017, 12:38:59 AM
I've also tried arbitrage 3 days ago between poloniex and bittrex for emc2 coin. The gap was big enought to make profit. I transfer the tokens to bittrex. And then the gap got much smaller. So I finished it with a very little profit.
Nice sharing. Could you please share how you managed to spot the gap for that particular coin ? Are you continuously trading that coin alone or do you keep on checking multiple coins for gaps from one exchange to another exchange ? I just wonder how people finds the gap between exchanges and making profits from arbitrage trading.I guess if we are holding some coins and checking for better prices in one or two exchanges then we may find gaps for that one particular coin. Otherwise we must need bots to help us to spot gaps across exchanges.
same would love to know how you detect those arbitrage.
also what are the crypto that move fast like eth,litecoin ?
July 16, 2017, 12:42:44 AM
arb was possible a month or 2 ago, now rates are too low to cover fees
July 15, 2017, 11:33:01 AM
I tried CRX/BTC arbitrage into the past and it was pretty unsuccessful as I purchased on yobit and then I saw that the wallet was under maintainance and the withdrawals were not being processed, so I had to contact yobit for support and they said that the maintaiance will take a long time so I had to sell my coins at 10 to 20% loss to get my bitcoins out of there.
I noticed similar situation with EMC2/BTC at Bittrex and Poloniex yesterday. The gap looked too good to be true, so I hard to first confirm why Poloniex end was very high only to discover the coin have been temporarily disabled. Other opportunities I came across happened in the passing as such use of a bot becomes highly essential to be able to catch any opportunity.i have been affected by this also! and it was similarly on Yobit. the price difference was so big that i fell for it and forgot to check first.
later on i found out that most of their wallets are dead. it is ridiculous actually. every coin that you click on has a dead wallet! i wonder how much server space did they buy! 100 MB probably
July 15, 2017, 08:26:13 AM
I've also tried arbitrage 3 days ago between poloniex and bittrex for emc2 coin. The gap was big enought to make profit. I transfer the tokens to bittrex. And then the gap got much smaller. So I finished it with a very little profit.
Nice sharing. Could you please share how you managed to spot the gap for that particular coin ? Are you continuously trading that coin alone or do you keep on checking multiple coins for gaps from one exchange to another exchange ? I just wonder how people finds the gap between exchanges and making profits from arbitrage trading.I guess if we are holding some coins and checking for better prices in one or two exchanges then we may find gaps for that one particular coin. Otherwise we must need bots to help us to spot gaps across exchanges.
July 14, 2017, 10:02:03 PM
I tried CRX/BTC arbitrage into the past and it was pretty unsuccessful as I purchased on yobit and then I saw that the wallet was under maintainance and the withdrawals were not being processed, so I had to contact yobit for support and they said that the maintaiance will take a long time so I had to sell my coins at 10 to 20% loss to get my bitcoins out of there.
I noticed similar situation with EMC2/BTC at Bittrex and Poloniex yesterday. The gap looked too good to be true, so I hard to first confirm why Poloniex end was very high only to discover the coin have been temporarily disabled. Other opportunities I came across happened in the passing as such use of a bot becomes highly essential to be able to catch any opportunity.Well, I've also tried arbitrage 3 days ago between poloniex and bittrex for emc2 coin. The gap was big enought to make profit. I transfer the tokens to bittrex. And then the gap got much smaller. So I finished it with a very little profit.
July 14, 2017, 01:14:01 AM
I tried a few times and my profit is around 0.1btc, one time doing arbitrage can get around 0.01 sometimes less than that, I don't think arbitrage trading is too good, because the risk is high and the profit is really small and it is hard to find the timing and exchanger to do arbitrage trading
July 13, 2017, 11:50:31 PM
The main problem arbitrage trading is when we want to move the coin to another exchanger but there is notice wallet was under maintenance, but when we can move to another exchanger the price is almost the same in all exchangers and only generate a little profit.
July 13, 2017, 10:36:40 PM
I tried it a few times but bots are way faster than I am and I lost a minuscule percentage. The problem one time was I didn't realize that one exchange wouldn't accept deposits of a certain altcoin for a few weeks because their wallet was under maintenance. That would have been a huge margin of 15-20% though. Oh well.
July 13, 2017, 05:28:31 PM
Arbing can be profitable if you large amount of coins sitting in different exchanges. It requires big sums because the profits are tiny, in most cases less tan 1%.You also have to factor in exchange fees. It is a decent income, but there are risks too. If they price changes on one exchange before your sell/buy order is filled, you may incur losses.
Larger capital must be insignificant here but you must need funds in different exchanges so that you can make use of abbitrage trading. Because, your large capital may not cover all the price gaps. So, even with small capital also you can make some profits out of this type of trading. But getting ready with enough funds and moving them across exchanges will be the big challenge here.It is not like that you should have only large amount it is upto you that how much profit you want , i have done lot of time arbitrage trading and got profit. It can be done only if the coin is listed in 2 or more exchanges, one coin i know which i use to do arbitrage trading and earning it as in both exchanges i have that coin and bitcoin both in stock and lot of time i have seen that in one exchange the price in buying is high and in other exchange it is dumped and the difference i got is 4 to 5 sat but the volume was high.
only thing to know is in both exchange the coin is active and all wallets are in active condition
July 13, 2017, 03:22:25 PM
Arbing can be profitable if you large amount of coins sitting in different exchanges. It requires big sums because the profits are tiny, in most cases less tan 1%.You also have to factor in exchange fees. It is a decent income, but there are risks too. If they price changes on one exchange before your sell/buy order is filled, you may incur losses.
Larger capital must be insignificant here but you must need funds in different exchanges so that you can make use of abbitrage trading. Because, your large capital may not cover all the price gaps. So, even with small capital also you can make some profits out of this type of trading. But getting ready with enough funds and moving them across exchanges will be the big challenge here.
July 13, 2017, 11:19:48 AM
I tried CRX/BTC arbitrage into the past and it was pretty unsuccessful as I purchased on yobit and then I saw that the wallet was under maintainance and the withdrawals were not being processed, so I had to contact yobit for support and they said that the maintaiance will take a long time so I had to sell my coins at 10 to 20% loss to get my bitcoins out of there.
I noticed similar situation with EMC2/BTC at Bittrex and Poloniex yesterday. The gap looked too good to be true, so I hard to first confirm why Poloniex end was very high only to discover the coin have been temporarily disabled. Other opportunities I came across happened in the passing as such use of a bot becomes highly essential to be able to catch any opportunity. 
July 12, 2017, 05:06:55 PM
Arbing can be profitable if you large amount of coins sitting in different exchanges. It requires big sums because the profits are tiny, in most cases less tan 1%.You also have to factor in exchange fees. It is a decent income, but there are risks too. If they price changes on one exchange before your sell/buy order is filled, you may incur losses.
Larger capital must be insignificant here but you must need funds in different exchanges so that you can make use of abbitrage trading. Because, your large capital may not cover all the price gaps. So, even with small capital also you can make some profits out of this type of trading. But getting ready with enough funds and moving them across exchanges will be the big challenge here.If you're moving funds manually, you're going to miss out on profit in the end.
The past few weeks haven't been the best for arbitrage though.
July 12, 2017, 10:00:27 AM
these days i keep seeing a lot of topics and comments in this board talking about arbitrage trading.
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
yes i have tried arbitrade its good when the spread of the price between the exchanges is worth it
and its more profit when you have enough btc, thw problem i have with arbitrade is the traffic sometimes it took so long to transfer the coin...
July 11, 2017, 01:12:27 PM
Arbing can be profitable if you large amount of coins sitting in different exchanges. It requires big sums because the profits are tiny, in most cases less tan 1%.You also have to factor in exchange fees. It is a decent income, but there are risks too. If they price changes on one exchange before your sell/buy order is filled, you may incur losses.
You have the funds ready on both exchanges and execute the trade at the same time then u retransfer any coins necessary to keep a balance between both exchanges and start the process again when the opportunity arises. Bigger capital helps by reducing fees on certain exchanges.
July 11, 2017, 12:44:03 PM
Arbing can be profitable if you large amount of coins sitting in different exchanges. It requires big sums because the profits are tiny, in most cases less tan 1%.You also have to factor in exchange fees. It is a decent income, but there are risks too. If they price changes on one exchange before your sell/buy order is filled, you may incur losses.
Larger capital must be insignificant here but you must need funds in different exchanges so that you can make use of abbitrage trading. Because, your large capital may not cover all the price gaps. So, even with small capital also you can make some profits out of this type of trading. But getting ready with enough funds and moving them across exchanges will be the big challenge here. 
July 11, 2017, 10:03:21 AM
i tried it 2-3 times in dash coin and get profit every time. i purchase from yobit and sell at bittrex. just 2 days back, xvg give good arbitrage as buy from yobit and sell at bittrex. but for that, 1st we have to check that both sites wallets are open for transfer.
July 11, 2017, 05:05:18 AM
Arbing can be profitable if you large amount of coins sitting in different exchanges. It requires big sums because the profits are tiny, in most cases less tan 1%.You also have to factor in exchange fees. It is a decent income, but there are risks too. If they price changes on one exchange before your sell/buy order is filled, you may incur losses.
July 10, 2017, 10:59:41 AM
I tried CRX/BTC arbitrage into the past and it was pretty unsuccessful as I purchased on yobit and then I saw that the wallet was under maintainance and the withdrawals were not being processed, so I had to contact yobit for support and they said that the maintaiance will take a long time so I had to sell my coins at 10 to 20% loss to get my bitcoins out of there.
July 09, 2017, 05:01:46 PM
these days i keep seeing a lot of topics and comments in this board talking about arbitrage trading.
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
I've tried it only once. It was with Lisk. It was a while ago, i think i bought in from bittrex and sold on poloniex and took advantage of the price differential. However arbitrage with altcoins are extremely rare these days.
I've tried also with VPNcoin, people were selling vpncoin for like 0.00002 BTC but on yobit there was tons of buy orders at over 0.0001. Shocked me at first and quickly bought 0.1 BTC worth of VPNcoin. But only after i bought it i realised all yobit deposits were closed, meaning that i had to cop a loss of over 0.02 btc due to the spread
July 09, 2017, 10:17:45 AM
I have done arbitrage between LTC and BTC in the past. It was pretty succesful.
July 09, 2017, 09:51:45 AM
I used to do this with an open source arbitrage client I had found and adjusted, I think it's still up for download on Github.
I basically stopped doing this when the prices became less volatile and I lost some money due to certain exchanges shutting down.
Look on Github for Bitcoin arbitrage bot, I think there are still some options there.
I tried some arbitrage bots but I have never made any money off of them. I guess I dont have the coding finesse to get them to become profitable. Old school investing and trading is more suitable for me i guess.I basically stopped doing this when the prices became less volatile and I lost some money due to certain exchanges shutting down.
Look on Github for Bitcoin arbitrage bot, I think there are still some options there.
I think for arbitrage rhe market will have to grow substantially.
June 02, 2017, 08:27:27 PM
I used to do this with an open source arbitrage client I had found and adjusted, I think it's still up for download on Github.
I basically stopped doing this when the prices became less volatile and I lost some money due to certain exchanges shutting down.
Look on Github for Bitcoin arbitrage bot, I think there are still some options there.
I tried some arbitrage bots but I have never made any money off of them. I guess I dont have the coding finesse to get them to become profitable. Old school investing and trading is more suitable for me i guess. I basically stopped doing this when the prices became less volatile and I lost some money due to certain exchanges shutting down.
Look on Github for Bitcoin arbitrage bot, I think there are still some options there.
June 02, 2017, 03:47:56 PM
I used to do this with an open source arbitrage client I had found and adjusted, I think it's still up for download on Github.
I basically stopped doing this when the prices became less volatile and I lost some money due to certain exchanges shutting down.
Look on Github for Bitcoin arbitrage bot, I think there are still some options there.
I basically stopped doing this when the prices became less volatile and I lost some money due to certain exchanges shutting down.
Look on Github for Bitcoin arbitrage bot, I think there are still some options there.
June 02, 2017, 06:21:22 AM
What's the difference between trading and arbitrage trading in crypto context?
Arbitrage is Buying Cheap from A and selling at B for higher price then get the money to A. This is the easiest way to enplane it.
Trading is selling when the price is high and buying when is low, and so on and on.
Arbitrage you need to calculate the fees for exchanging + fees for deposit and withdraw.
For trading is only fees for the exchange in the moment.
June 02, 2017, 05:51:47 AM
I do it occasionally, but it's not that it yields me an insane amount of profit. Point is that you should calculate the risks of seeing the arbitrage opportunity vanish due to someone else taking advantage of it, or that it shrinks naturally. Important to realize is that you need to take the following into consideration;
I only trade Bitcoin, so that's why I use that as an example.
0.5 - You need to have enough funds on the cheaper exchange to begin with.
1 - You cash out the coins you bought to your own wallet, which requires you to wait for that 1 confirmation.
2 - You deposit these coins to the exchange with the premium, which requires you to wait for 3 confirmations.
3 - Sell your coins to fiat, and have the money sent to your bank account.
4 - From your bank account you send these funds back to your main exchange.
It's not as easy as things might look. If I look at my highest ever arbitrage trade, then it should be in the range close to $1000. Profit looks nice, but it's quite a hassle at the same time, as it takes days before I have the funds back on my main exchange.
I only trade Bitcoin, so that's why I use that as an example.
0.5 - You need to have enough funds on the cheaper exchange to begin with.
1 - You cash out the coins you bought to your own wallet, which requires you to wait for that 1 confirmation.
2 - You deposit these coins to the exchange with the premium, which requires you to wait for 3 confirmations.
3 - Sell your coins to fiat, and have the money sent to your bank account.
4 - From your bank account you send these funds back to your main exchange.
It's not as easy as things might look. If I look at my highest ever arbitrage trade, then it should be in the range close to $1000. Profit looks nice, but it's quite a hassle at the same time, as it takes days before I have the funds back on my main exchange.
June 02, 2017, 05:31:47 AM
i searched a lot for bitcoin arbitrage but was never able to find a good enough opportunity to want to try it.
but i have tried altcoin arbitrage.
i can really call it profitable, because the risk is high with all these broken altcoin blockchains but i made some small amount of profit.
i think it is not worth the risk to do it unless the amount you are risking is not that big but the profit is huge.
something like a 0.1BTC risk with >30% profit is what i'm talking about.
but i have tried altcoin arbitrage.
i can really call it profitable, because the risk is high with all these broken altcoin blockchains but i made some small amount of profit.
i think it is not worth the risk to do it unless the amount you are risking is not that big but the profit is huge.
something like a 0.1BTC risk with >30% profit is what i'm talking about.
June 02, 2017, 03:30:52 AM
I tried it with BTC once. I made a little bit of money but most of my profits were eaten by transaction fees since I didn't have much volume. Personally its not for me. I'd rather trade with trends but I know people who have had decent success with doing arbitrage across different exchanges.
June 02, 2017, 03:10:56 AM
these days i keep seeing a lot of topics and comments in this board talking about arbitrage trading.
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
I've tried it only once. It was with Lisk. It was a while ago, i think i bought in from bittrex and sold on poloniex and took advantage of the price differential. However arbitrage with altcoins are extremely rare these days.
I've tried also with VPNcoin, people were selling vpncoin for like 0.00002 BTC but on yobit there was tons of buy orders at over 0.0001. Shocked me at first and quickly bought 0.1 BTC worth of VPNcoin. But only after i bought it i realised all yobit deposits were closed, meaning that i had to cop a loss of over 0.02 btc due to the spread
June 02, 2017, 02:51:37 AM
yeah I had some luck with LTC arbitrage between Kraken and Bittrex
June 01, 2017, 10:15:58 PM
This is now easy to do with litecion (LTC) because it confirms hella fast and with very low transaction fees.
Just use big and well-known exchanges like poloniex or bittrex. Ive been doing this since segwit was activated for LTC. Been profitable.
Just use big and well-known exchanges like poloniex or bittrex. Ive been doing this since segwit was activated for LTC. Been profitable.
June 01, 2017, 09:55:24 PM
these days i keep seeing a lot of topics and comments in this board talking about arbitrage trading.
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
This concept is like when buying bitcoin on one exchange and then selling it on other exchange which has much higher price rates. I've tried it and it's profitable, but now doing things like this is getting harder. Because sometimes there are restrictions and regulations issued by the exchange to avoid this. Now arbit is not popular enough, the majority of traders focus and concentrate on trading. They think that trading on an exchange will be more profitable and easy to do. so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
June 01, 2017, 07:03:46 PM
the price of ETH is usually about 5 dollars less on gemini than it is on gdax/coinbase, not sure if it's viable but it sure seems like a good arbitrage opportunity. would like to know if someone tries it out
June 01, 2017, 06:57:51 PM
Doing arbitrage is a good way to earn a small amount of profit and i was very much active in spreading my investments in many different sites,but the problem now is that many sites delay their withdrawals which makes it impossible to make any good profit as i had my losses and had to wait for a longer time to get my returns ,so i stopped doing arbitrage until everything settles down with the exchanges.
June 01, 2017, 06:46:44 PM
I had a few good shots where the price difference between BTC-E and Bitstamp was like $70 at the time the price was still below the $1000 mark.
I used that opportunity to buy 4BTC at BTC-E and sell them at Bitstamp within 2 hours. I must however note that the difference went down to around $60, but it was still a good profit for me.
After fees I ended up with around $230 in profits, which for me is a more than decent profit considering it took me just 2 hours. That's my highest arbitrage profit.
I used that opportunity to buy 4BTC at BTC-E and sell them at Bitstamp within 2 hours. I must however note that the difference went down to around $60, but it was still a good profit for me.
After fees I ended up with around $230 in profits, which for me is a more than decent profit considering it took me just 2 hours. That's my highest arbitrage profit.
June 01, 2017, 04:24:37 PM
I like the concept very much and tried once or twice with some profit... the problem nowadays are the long transactions time. you can loose your window. However as i believe in BTC even if i buy and cant sell, i believe in a while you recover your loss.
June 01, 2017, 03:36:21 PM
Arbitrage is possible with volatility, but the transaction costs have negative value, so you have to be succesful if you want to earn on the long term.
June 01, 2017, 02:56:32 PM
i was doing it for a while when i was starting with bitcoin, but stopped years ago. it wasn't worth it. I actually lost more than i gained, but it was because of exchanges scams or hackings (best arbing opportunities were on low liquidity small exchanges).
also it requires more funds spread through several exchanges. But doing it manualy today is not worth it imo. there are bots for doing this.
also it requires more funds spread through several exchanges. But doing it manualy today is not worth it imo. there are bots for doing this.
June 01, 2017, 02:22:53 PM
I have tried it once with altcoins a long time ago. I bought UltraCoin through Mintpal at around 5000 satoshi as as soon as I noticed a buy order of around 1 BTC worth of UltraCoins at 8000 satoshi on Cryptsy, but.... Cryptsy didn't post my deposit even after hours and hours of waiting, and a huge load of confirmations (not sure whether or not it was done on purpose, but it was definitely strange). Result -- I barely managed to break even. After that I have never ever used Cryptsy again. It was also the end of arbitrage trading for me.
June 01, 2017, 02:09:15 PM
What's the difference between trading and arbitrage trading in crypto context?
June 01, 2017, 12:38:07 PM
these days i keep seeing a lot of topics and comments in this board talking about arbitrage trading.
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
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