If anyone needs help understanding the recent market changes, this post from Risto helps immensely. I myself thought that the way the ckchart.cryptokingdom.me tool was calculating arbitrage was unclear and I was calculating my own price differential by hand. From Risto's post above, it looks like my process was close, but a step removed from the most efficient way to look at everything.
Naturally, this data changes all the time, but let's work with some current data.
In E1 (EUR), we have 10k M = 1 E1. [For ease, I am just going to say 1 EUR = 1 USD, even though the rate is 1.00 EUR = 1.06 USD roughly.]
In B1 (BTC), we have 35k M = 1 B1.
In M3 (XMR), we have 5.45k M = 1 M3.
Now the 10k M = 1 EUR is easy. For the others:
35k / 0.001 = 35mil M = 1 BTC [each B1 = 0.001 BTC]
5.45k / 0.01 = 545k M = 1 XMR [each M3 = 0.01 XMR]
Now we can take each of these and divide by 10k to see EUR equivalents for these currencies (i.e., what is potentially arbitrageable).
BTC = 3,500 EUR
XMR = 54.50 EUR
So now we have arrived at Risto's values. Naturally, these are well above the market rates for these coins elsewhere.
BTC = 3,500 - 1,175 = 2,325 / 1,175 = x1.97
XMR = 54.50 - 19.50 = 35.00 / 19.50 = x1.79
So the 10k M = 1 EUR peg is key to all of this from the sense of ease of calculation. Before, I was converting to functional "1 EUR" equivalents in BTC and XMR, and calculating from there. So like a cross market exchange rate, but obviously the extra steps were unnecessary and I feel foolish ignoring the computational value of the peg. This way is much easier!
