Topic: multiple exchange arbitrage - page 2. (Read 827 times)

i don't know from where you copied this but you forgot to copy all of it! the table 1 and i am assuming much more is missing from the post you pasted

i currently have a code that does this. i also have run it for a while and also made trades with small amounts for testing. i won't deny that there is a chance of making a profit but in total the risk is way too high and the profit is so small. you will most probably end up losing a lot more.
and usually the price difference is found in small exchanges. and the issue with those is that they don't have enough liquidity. the order size for example is less than 10000 satoshi sometimes!

just voted too risky.

Does this really work for you or are you just spamming posts? If you mind me asking, which exchanges do you use, and how much did you succesfully arbitraged? Substantial amounts?

In such a fast moving market, it seems almost impossible to me to sell, for example, ethereum for a profit on bittrex, only to rebuy it lower on poloniex.

Seems impressive and i'm wondering how it it possible while these kinds of tricks are so extremely saturated, as a small person, since there are business grown that have grown/ exist 100% out of just doing this exact thing, how do you compete with them?.

arbitration is a very great thing, I often do arbitration from some exchangers and it gives a lot of profit. but I just picked some big exchanger only and has a large volume to reduce the risk of losing my coin.

hi all
my target is Creating a screening engine to run through as many exchanges api’s as possible and monitor the orderbook flow as well as the arbitrage opportunities.
The orderbook flow will allow us to assess the possibility of a trending market (means liquidity) and as orders starts ti fill we will see deviations of prices between marketplaces.
 
The 3 stage system:
Stage 1 :
Connection to as many exchanges as possible and reading their order books.
We will monitor the trading volume and look for changes.
Moreover we will monitor increasing demands.
The role of this part is to make sure we are not looking at low liquidity coins so that we will not get stuck with a position.
Stage 2:
Monitoring the top of book (top layer of supply and demands)
Now we will be looking for stupid arbitrage opportunities.
For that we have 2 simple methods
1: buying in advance the same currency in all exchanges and then selling on the high exchange and buying again on the cheap to keep the same amount of coins (see table 1).
Pros: keeps the same amount of altcoins but increasing the btc amount.
Cons: we keep an exposure to the market.
2: buying the coins only when orderbooks are filling up and selling right after the arbitrage is executed
Pros: keeps all exposure to bitcoins or usd
Cons: needs a multi exchange control so the system needs to be faster ( all 4-6 with a limit and monitoring )


i would like to have any opinion possible
what is the best strategy to optimize risks?