You will have counterparty risk the entire time. I would say on a NPV basis (taking in the risk that they will disappear) you probably will end up not making money on this trade.
You would only make ~11% on this trade while you could make ~6% on bitfinex but would not be locked into a months long trade over the same time period. Locking yourself into a long trade makes it difficult to unwind a trade in the event the exchange starts to show signs they are about to fail/scam
Topic: Orderbook.net (formerly Icbit.se) Arbitraging the BTCUSD future (Read 984 times)
December 31, 2014, 04:24:05 PM
This thread has a good explanation:
https://bitcointalksearch.org/topic/spotfutures-arbitrage-with-some-bots-source-code-131622
https://bitcointalksearch.org/topic/spotfutures-arbitrage-with-some-bots-source-code-131622
December 31, 2014, 12:35:08 PM
Can you make money by buying a BTC now for around $315 and then selling it on Sept 15 for $350-$360 on Orderbook.net?
What are the disadvantages of this? How much fees would you get charged? Is any type of leverage possible?
What are the disadvantages of this? How much fees would you get charged? Is any type of leverage possible?
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