Does anyone knows Bitcoin Arbitrage? - page 3.

arunka71

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Quote from: Amph on June 10, 2015, 01:22:18 AM

Quote from: arunka71 on June 09, 2015, 06:08:36 PM

If you have the infrastructure to move FIAT (from one country to country), there might be great opportunities. But I'm just a coder, not a banker.

then you can go ahead and make a bot that work with arbitrage, i'm sure it is possible to earn some low percentage, around 3-5% if you bot is well coded and it is fast enough

But how to rebalance funds?

Amph

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Quote from: arunka71 on June 09, 2015, 06:08:36 PM

If you have the infrastructure to move FIAT (from one country to country), there might be great opportunities. But I'm just a coder, not a banker.

then you can go ahead and make a bot that work with arbitrage, i'm sure it is possible to earn some low percentage, around 3-5% if you bot is well coded and it is fast enough

BTCjust

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an arb plan in last year: https://bitcointalksearch.org/topic/a-realistic-arb-plan-buy-btceusd-sell-lakeusd-just-need-a-trading-bot-765074 at that time, there is little profits due to the high fee

but both btc-e and lakebtc had decreased the rates, the fee is lower today, I think that plan could be acted now

arunka71

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Yeah. You trade immediarely and rebalance your funds later. That should work just fine. Would be cool to have such a trader network.

I already wrote software that should work for such a concept. But maybe I'd have to add new exchanges then.

lissandra

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If you had a partner who lived in the same country that the exchange was held.

It would be easier, but it wouldnt be much of a arbtriage since youre relying the same way to deposit and sell quickly from more then 2 exchanges.

arunka71

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If you have the infrastructure to move FIAT (from one country to country), there might be great opportunities. But I'm just a coder, not a banker.

JerryCurlzzz

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Quote from: arunka71 on June 09, 2015, 05:56:09 PM

Quote from: Bitdonator on June 07, 2015, 09:33:24 AM

Its simple, if you see opportunity, you buy altcoin on one exchange at lower
price and sell on other exchange at higher price.

But is really hard to catch profitable arbitrage opportunity, because exchange fees

Calculating the fees is not such a big problem. Problem is the time, that the btc transfer takes. So you'd need many coins on many exchanges to catch all the opportunities.

Bingo. Usually, the arbitrage opportunities are such small margin that the time-risk aspect is too great. It can be done, if you manage risk effectively, but if you can do that, you're probably just better off trading IMO.

arunka71

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Quote from: Bitdonator on June 07, 2015, 09:33:24 AM

Its simple, if you see opportunity, you buy altcoin on one exchange at lower
price and sell on other exchange at higher price.

But is really hard to catch profitable arbitrage opportunity, because exchange fees

Calculating the fees is not such a big problem. Problem is the time, that the btc transfer takes. So you'd need many coins on many exchanges to catch all the opportunities.

temroa

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in short words its buying and selling

Bitdonator

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Its simple, if you see opportunity, you buy altcoin on one exchange at lower
price and sell on other exchange at higher price.

But is really hard to catch profitable arbitrage opportunity, because exchange fees

Amph

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Quote from: pooya87 on June 07, 2015, 03:25:47 AM

Quote from: Amph on June 05, 2015, 01:06:04 AM

Quote from: pooya87 on June 04, 2015, 10:29:10 PM

does this work?
i mean you have to consider the fees too. which means you have to pay the fees twice, once where you buy and once where you sell.
is the difference between exchangers that high to cover the fee and give you profit?

besides it takes time to cash out of exchanger, it need to get confirmed by the exchanger and then goes to your other address and get 3 or more confirmations.
what if the price changes in this time?

my answer is yes, it work, but you need a very good bot, on every exchange, that trade for you, if you do it manually, there are more losses whne moving from one exchange to another, with bot those losses are minimized

can you give me some links on bots that can do this?

and i read a bit more about Bitcoin Arbitrage, and i think my last question was wrong
besides it takes time to cash out of exchanger, it need to get confirmed by the exchanger and then goes to your other address and get 3 or more confirmations.
what if the price changes in this time?
you don't actually cash out, you do the trades and keep both bitcoin and fiat at all exchangers, right?

yeah, you could use a platform like this, it is unfineshed http://bitcoinpricelab.com/, but with the right api, your bot can work with all the % variations on every exchange

Habeler876

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To be honest, as a trader, arbitrage isn't really worth the time or effort for me. But it can be done, and it's basically free money. In fact, I believe there is an open source arb bot on github that uses 4 or 5 exchanges to exploit arb opportunities.

Ivanech

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Quote from: jeannemadrigal2 on June 05, 2015, 02:34:02 PM

I agree that there appear to be bots trading these things. If you don't make or buy a bot you chances of arbitrage are slim. There is a bot that does arbitrage withing an exchange, when there is an inefficiency between 3 currencies, such as dollar, btc and ltc. But we are talking about really slim margins here. IMO you are better off using other methods of trading to make money. And trading isn't easy so be careful!

I suppose there are not many bots, especially for altcoins markets. Just checked live cross-exchange table (http://www.bitcoinfo.ru/trading/ for example) and noticed many altcoin pairs with 5-10-20% arbitrage possibilities.

Some make such trading manually but no signs for the bot activity.

pooya87

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Quote from: Amph on June 05, 2015, 01:06:04 AM

Quote from: pooya87 on June 04, 2015, 10:29:10 PM

does this work?
i mean you have to consider the fees too. which means you have to pay the fees twice, once where you buy and once where you sell.
is the difference between exchangers that high to cover the fee and give you profit?

besides it takes time to cash out of exchanger, it need to get confirmed by the exchanger and then goes to your other address and get 3 or more confirmations.
what if the price changes in this time?

my answer is yes, it work, but you need a very good bot, on every exchange, that trade for you, if you do it manually, there are more losses whne moving from one exchange to another, with bot those losses are minimized

can you give me some links on bots that can do this?

and i read a bit more about Bitcoin Arbitrage, and i think my last question was wrong
besides it takes time to cash out of exchanger, it need to get confirmed by the exchanger and then goes to your other address and get 3 or more confirmations.
what if the price changes in this time?
you don't actually cash out, you do the trades and keep both bitcoin and fiat at all exchangers, right?

-Boon-

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Just a noob's thought and some advice...

Lets say that exchange A has a buy order for 99Euros and exchange B has Sell orders at 101Euros.
If someone buy from A and then makes it to sell at 101 on B, what would be better to do, having earned the 2 dollars profit?

1) Cash out from exchange B?
2) Exchange the fiat total amount for an altcoin and exchange back to btc?
3) Do nothing and wait for prices to drop below than the previous buy and do afull cycle again?
4) Something else?

jeannemadrigal2

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I agree that there appear to be bots trading these things. If you don't make or buy a bot you chances of arbitrage are slim. There is a bot that does arbitrage withing an exchange, when there is an inefficiency between 3 currencies, such as dollar, btc and ltc. But we are talking about really slim margins here. IMO you are better off using other methods of trading to make money. And trading isn't easy so be careful!

moko666

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BlasterKVs the king of xbox modding

Arbitrage trading is you buy at low price from one exchange and sell at high price on other exchange
its risky since you don't know if you will able to complete the trade fastly before price change, only professional traders do this

notlist3d

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Quote from: Amph on June 05, 2015, 01:06:04 AM

Quote from: pooya87 on June 04, 2015, 10:29:10 PM

does this work?
i mean you have to consider the fees too. which means you have to pay the fees twice, once where you buy and once where you sell.
is the difference between exchangers that high to cover the fee and give you profit?

besides it takes time to cash out of exchanger, it need to get confirmed by the exchanger and then goes to your other address and get 3 or more confirmations.
what if the price changes in this time?

my answer is yes, it work, but you need a very good bot, on every exchange, that trade for you, if you do it manually, there are more less whne moving from one exchange to another, with bot those losses are minimized

And you make a good point about bots. At this point most are made by bot's. They are more accurate and quicker then human. They are also only as good as the parameters behind them.

One thing to mention is multiple bots are running at same time from different people. So all these bot's running together could it very hard with so many already in the space.

Amph

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Quote from: pooya87 on June 04, 2015, 10:29:10 PM

does this work?
i mean you have to consider the fees too. which means you have to pay the fees twice, once where you buy and once where you sell.
is the difference between exchangers that high to cover the fee and give you profit?

besides it takes time to cash out of exchanger, it need to get confirmed by the exchanger and then goes to your other address and get 3 or more confirmations.
what if the price changes in this time?

my answer is yes, it work, but you need a very good bot, on every exchange, that trade for you, if you do it manually, there are more losses whne moving from one exchange to another, with bot those losses are minimized

notlist3d

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Activity: 1456

Merit: 1000

Quote from: mayflor2 on June 04, 2015, 11:24:22 PM

Quote from: BTC786 on June 04, 2015, 02:06:35 PM

Does anyone knows Bitcoin Arbitrage?

How does it works?

Please explain

The problem is, any major exchanges have arbitrage servers, so almost immediately when the price changes the servers sell or buy accordingly and they even out very quickly. It is very hard to make a profit that way these days.

Also it's worth saying be careful when someone want's BTC to share in profit's of arbitrage. I know there are a few bots out there and it just is something that is far from a guaranteed profit.

Some do make profit from it and some don't. I view trying to do a arbitrage as a form of gambling.

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