ARBITRAGE - is it still PROFITABLE? - page 2.

Harriti

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Quote from: conex on December 16, 2019, 02:13:13 PM

Hello traders! I've been searching around and trying to find best sites which offer arbitrage data and explanations on how to do it.
What do you think, is it still possible to profit from arbitrage or are bots doing it nowadays?
Thank you for helping out in this matter!

It's quite a difficult trade to make a profit now. In the past, exchanges were different because there were not too many traders here. now too many traders have made its price more stable and making money from Arbitrage is really hard and the opportunity is zero. so we can only make money through trading coins when there are customers who want to buy it. for example, you buy Bitcoin for $ 7k1 and sell it to people who want to buy directly from you for $ 7k160. so you have profit and they will also accept because they save a lot of time and transaction fees between decentralized exchanges.

BitcoinHunt3r

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Right moment, right time, right coin. It can make profit chance is bigger. I think before arbitrage itself we must see a lot of thing first. And the most important is the coin can be sent into each exchanges. If we see the price only and not wallet condition, usually people will in hurry to do arbitrage and then sometime they lose their money, i think it is worse than we late to sell the coins which only cause we lose some of our money. But still better than lose all money right.

Xxmodded

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Quote from: conex on December 16, 2019, 02:13:13 PM

Hello traders! I've been searching around and trying to find best sites which offer arbitrage data and explanations on how to do it.
What do you think, is it still possible to profit from arbitrage or are bots doing it nowadays?
Thank you for helping out in this matter!

You can open first with coinmarket cap to know which one profitable coin for arbitrage, after getting with your profit coin you have checking about their deposit and withdrawing available or not, many exchange have different price coin with other market but not available for withdrawing, you have check new coin without have many member doing arbitrage with the same coins.

manualwaterfall

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prices are relatively stable across exchange but when there is price difference you can exploit. liquid technology network will be a good opportunity for user to buy bitcoin on exchange A, transfer to exchange B to sell at higher price. how ever, this must happen with an algorithm because manual process will take too long. additional, price difference must be large because even with liquid, you must wait 2 minutes for block time to confirm after transfer.

this is opportunity with futures to hedge out across exchange, so immediate short on exchange B (higher) while buying on exchange A (lower), assume you are then locking in the profit from difference between the prices

2double0

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Arbitrage opportunities had always been profitable but since you are talking about crypto, you need to look for wider spreads and better percentages because there is one major roadblock for you and that is the FEE:

Trading fee - between 0.025 - 0.5%
Withdrawal fee - depends on exchange and the coin you want to withdraw

If you can beat these two, then trying your hands on these opportunities is good.

conex

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Quote from: perla on December 20, 2019, 12:11:50 AM

Profitable, maybe yes. But wih bots, and maybe other people who see the opportunity, it will be hard to do it. And from what i see on some trading group, a person sell tools like to see price between exchanges so people can see which exchange and coin that can be good to do arbitrage. Maybe in past, a coin have a lot of chance to be arbitraged when listed in new bigger exchange.

Which site did you have in mind? I've seen such tool at https://newscrypto.io/ but didn't try it out yet.

stomachgrowls

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Quote from: TRONTON on December 20, 2019, 12:34:52 PM

Quote from: daarul50 on December 20, 2019, 09:10:43 AM

Quote from: bitbunnny on December 19, 2019, 02:26:11 PM

To my opinion it's not so profitable as is used to be but therr are still opportunities for arbitrage trading. Although it's not always easy to spot and catch such chances and you really should be very dedicated to such type of trading to achieve some results. And you have to count of great deal of risk too.

i found that the arbitrage trading tend to be speculative even at the end it seems like a lucky based trading technique. you have seen the chcance is there, the gap is there pretty clear for a while and you decide to start arbitrage but guess nobody know that when you successfully moved the coin, the price move down significantly unexpectedly.

that kind experience happened a lot of times.

at that moment you will think that at the end it alwasys about the lucky factor using this technique to trade.

the price margin of each exchange has a difference with the assumption that a stronger exchange volume has a lower price. the price of each coin between exchanges will never be the same at one time, especially if it changes quickly if the difference reaches above 7%.

the only worst thing is if the transaction traffic is very large because of strong interest from a significant price difference, it requires a longer delivery time. If the asset capital sent over $ 1k will still make a profit, as long as the price does not go down due to the sudden influence of bitcoin.

It hard to believe that price wont go back or normalize for some time when these arbitrage opportunities do comes out.Some exchangers do even locked up their deposits into these such events which

do prohibits you on doing such arbitraging.When it comes to profitability talks then theres no question that is indeed profitable but as said by some members here which there are lots of factors that
do affect like exchange fee,withdrawal etc.

zeze18

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Quote from: cotton ball on December 23, 2019, 08:20:15 AM

Look every keep silent when looking for new coin have different price from one exchange to other exchange, they trying to make transaction faster without know by many investor, when arbitrage have know with many people sending coin need long time to get confirmation and have ready to get the same price with other market exchange before or have lower price.

Right now there already many websites that provide many exchanges pricelist, so right now is almost impossible to arbitrage with decent profits because most people are knowing each market's price. Back to 2 or 3 years ago when arbitrage is really profitable when people are just focusing on one exchange when trading and not bother with any other exchange's price.

cotton ball

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Look every keep silent when looking for new coin have different price from one exchange to other exchange, they trying to make transaction faster without know by many investor, when arbitrage have know with many people sending coin need long time to get confirmation and have ready to get the same price with other market exchange before or have lower price.

conex

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Quote from: pajak666 on December 20, 2019, 06:44:40 AM

Quote from: conex on December 20, 2019, 02:52:32 AM

Quote from: pajak666 on December 18, 2019, 06:40:14 AM

You need a supreme hardware and software capabilities which you probably don't have if you are asking this question. Arbitrage is pretty competitive area at this point and i wouldn't encourage anyone with a capital less than 6 figures to bother.

Interesting thought, so you don't advise to do arbitrage with small capital at all? 6 figures talking in millions?

Six figures I mean 100 000 for minimum, not even close to optimal. As people said before, for once, you need to be comfortably playing on margin and this requires way bigger account than people think , fees are high compared to your returns and you need proper infrastructure for this. Both software and hardware which you need to keep improving longterm.

Thank you for your answer. It's probably to risky for me for now, will see for the future. Good trading day!

TRONTON

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Quote from: daarul50 on December 20, 2019, 09:10:43 AM

Quote from: bitbunnny on December 19, 2019, 02:26:11 PM

To my opinion it's not so profitable as is used to be but therr are still opportunities for arbitrage trading. Although it's not always easy to spot and catch such chances and you really should be very dedicated to such type of trading to achieve some results. And you have to count of great deal of risk too.

i found that the arbitrage trading tend to be speculative even at the end it seems like a lucky based trading technique. you have seen the chcance is there, the gap is there pretty clear for a while and you decide to start arbitrage but guess nobody know that when you successfully moved the coin, the price move down significantly unexpectedly.

that kind experience happened a lot of times.

at that moment you will think that at the end it alwasys about the lucky factor using this technique to trade.

the price margin of each exchange has a difference with the assumption that a stronger exchange volume has a lower price. the price of each coin between exchanges will never be the same at one time, especially if it changes quickly if the difference reaches above 7%.

the only worst thing is if the transaction traffic is very large because of strong interest from a significant price difference, it requires a longer delivery time. If the asset capital sent over $ 1k will still make a profit, as long as the price does not go down due to the sudden influence of bitcoin.

clickerz

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Quote from: pajak666 on December 20, 2019, 06:44:40 AM

Quote from: conex on December 20, 2019, 02:52:32 AM

Quote from: pajak666 on December 18, 2019, 06:40:14 AM

You need a supreme hardware and software capabilities which you probably don't have if you are asking this question. Arbitrage is pretty competitive area at this point and i wouldn't encourage anyone with a capital less than 6 figures to bother.

Interesting thought, so you don't advise to do arbitrage with small capital at all? 6 figures talking in millions?

Six figures I mean 100 000 for minimum, not even close to optimal. As people said before, for once, you need to be comfortable playing on margin and this requires way bigger account than people think , fees are high compared to your returns and you need proper infrastructure for this. Both software and hardware which you need to keep improving longterm.

That's probably true if you want to have a good profit. It seems you lost already before you start trading. I think it is not recommended, the crypto market is too risky and if you are not properly ready, you end up losing more. Six-figure capital for margin trading, its for whale level.

daarul50

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Quote from: bitbunnny on December 19, 2019, 02:26:11 PM

To my opinion it's not so profitable as is used to be but therr are still opportunities for arbitrage trading. Although it's not always easy to spot and catch such chances and you really should be very dedicated to such type of trading to achieve some results. And you have to count of great deal of risk too.

i found that the arbitrage trading tend to be speculative even at the end it seems like a lucky based trading technique. you have seen the chcance is there, the gap is there pretty clear for a while and you decide to start arbitrage but guess nobody know that when you successfully moved the coin, the price move down significantly unexpectedly.

that kind experience happened a lot of times.

at that moment you will think that at the end it alwasys about the lucky factor using this technique to trade.

bettercrypto

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Quote from: Darooghe on December 16, 2019, 04:37:10 PM

Yes, but not as much as before and the act of making a profit on them is getting harder as competition is getting though. there's always going to be opportunities, and they grow in number when volatility is high. sometimes, there have been coins that were selling for a lot more on the Korean exchange than others, for example chainlink, and people that were in Korea could buy on binance or idex and sell on bithumb for a profit. however, arbitrage from local fiat currency, to a foreign currency, to crypto, back to local fiat currency is extremely profitable.

Change is always the main principle of life. If you want to stay alive and continue, you must adapt whatever changes happen in every industry. During old times, almost all in cryptocurrency is true and profitable. But when it became popular, many people use its fame just scam. The competition is also becomes greater due to the numerous new people that joins in this industry. The continuously change of this industry gives us profit and destroy us as wel..

pajak666

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Quote from: conex on December 20, 2019, 02:52:32 AM

Quote from: pajak666 on December 18, 2019, 06:40:14 AM

You need a supreme hardware and software capabilities which you probably don't have if you are asking this question. Arbitrage is pretty competitive area at this point and i wouldn't encourage anyone with a capital less than 6 figures to bother.

Interesting thought, so you don't advise to do arbitrage with small capital at all? 6 figures talking in millions?

Six figures I mean 100 000 for minimum, not even close to optimal. As people said before, for once, you need to be comfortably playing on margin and this requires way bigger account than people think , fees are high compared to your returns and you need proper infrastructure for this. Both software and hardware which you need to keep improving longterm.

Xxmodded

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Quote from: EdvinZ on December 20, 2019, 12:36:38 AM

In arbitrage cryptocurrency trading, you may face the fact that your coins will be deposited to your account for a very long time. For this reason, you will most likely not be able to sell coins at a profit. It is possible that you will even have to sell digital assets at a loss due to the slow depositing of coins. But usually popular coins are deposited to the account quickly, so you can try this kind of trading.

Maybe when you make deposit with exchange account have higher price needed long term to receive and some time price have lower with other exchange after your deposit is success, but you keep the same price with market before. Better arbitrage with coin open listing with new exchange market because have different price but depend with how long take time for receiving your deposit.

conex

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Quote from: davinchi on December 18, 2019, 09:42:49 AM

When there is so much movements involved in the market itself, people don't really see the point of arbitrage, I mean at least people like me. Look at bitcoin at its price, when you try to move money from one place to another the transaction costs and speed alone is high and by the time you reach there the price of bitcoin already moved to a new place anyway. So, why would anyone try to arbitrage when they could just keep their money in purely btc-stablecoin and move it between them to make a profit.

If you turned your money into stablecoin 72 hours ago and now come back to bitcoin you would be holding a lot more bitcoin, wouldn't change much for fiat but at least when the price goes up next time you would be making more profits so you would be ready for it.

Thank you for your thorough answer. I read a lot about arbitrage in last days and can agree with your statement.

conex

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Quote from: pajak666 on December 18, 2019, 06:40:14 AM

You need a supreme hardware and software capabilities which you probably don't have if you are asking this question. Arbitrage is pretty competitive area at this point and i wouldn't encourage anyone with a capital less than 6 figures to bother.

Interesting thought, so you don't advise to do arbitrage with small capital at all? 6 figures talking in millions?

EdvinZ

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In arbitrage cryptocurrency trading, you may face the fact that your coins will be deposited to your account for a very long time. For this reason, you will most likely not be able to sell coins at a profit. It is possible that you will even have to sell digital assets at a loss due to the slow depositing of coins. But usually popular coins are deposited to the account quickly, so you can try this kind of trading.

perla

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Profitable, maybe yes. But wih bots, and maybe other people who see the opportunity, it will be hard to do it. And from what i see on some trading group, a person sell tools like to see price between exchanges so people can see which exchange and coin that can be good to do arbitrage. Maybe in past, a coin have a lot of chance to be arbitraged when listed in new bigger exchange.

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