It's the continuation of this topic
https://bitcointalksearch.org/topic/m.36608056Arbitrage transactions can be conducted both within a single exchange, and between several exchanges. Accordingly, there are two basic schemes of arbitration - intra- and inter-exchange.
The scheme is very simple and accessible even for inexperienced users. Its essence - to use the wrong stock quotes for earnings on the difference of rates. Under incorrect, we mean the quotes, which the management of the exchange has not yet managed to "pull up" to the middle level. Most often they are related to the course of crypto currency to fiat and are executed in several steps.
Here is an example of an in-exchange deal, relevant in the past year:
1) Include 1,000 dollars on the stock exchange.
2) Buy buy them 1428XRP.
3) For 1428XRP you are buying 142EOS.
4) You change 142EOS to 1040 dollars.
5) Profit - 40 dollars.
- Inter-exchange arbitration
The classical scheme is also simple - you buy a currency on a stock exchange with a low quotation and immediately sell on the stock exchange, where the quotation is higher. For example:
1) You buy on the exchange A 500XRP for $ 350 (1XRP = $ 0.7).
2) Sell bought 500XRP at Exchange B, where one coin is worth $ 0.78. You get 390 dollars.
The profit is 40 dollars.
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So, do u have any expirience in arbitration?