Arbitrage opportunity for BTC-BTG: 4.43%
@ArbHunter has found the best arbitrage opportunity for BTC-BTG at 21 May 2018 10:15 GMT:
- Buy BTG on BITTREX @ 0.00650000 BTC
- Sell BTG on BITBAY @ 0.00678800 BTC
Profit: 4.43%
Disclaimer:
This opportunity is based on market prices at time of posting: prices are liable to change without notice. Ensure you confirm all prices before transacting. SwyftEx is designed to help the community navigate the cryptocurrency markets. Investing in cryptocurrencies involves risk and should be based on advice from qualified financial professionals. You can incur substantial losses: consider whether this is in line with your investment objectives and circumstances. Posts are based on the authors’ opinion and accurate to the best of our knowledge. Our posts are not independent/financial/investment advice, nor endorsements of any product/asset/service. We try to maintain the accuracy of our information however we rely on external data which may include errors. We are not liable under any circumstances for loss or damage as a result of using our information or services.
#bitcoin #bitcoingold #cryptocurrency #arbitrage #arbhunter
Disclaimer:
This opportunity is based on market prices at time of posting: prices are liable to change without notice. Ensure you confirm all prices before transacting. SwyftEx is designed to help the community navigate the cryptocurrency markets. Investing in cryptocurrencies involves risk and should be based on advice from qualified financial professionals. You can incur substantial losses: consider whether this is in line with your investment objectives and circumstances. Posts are based on the authors’ opinion and accurate to the best of our knowledge. Our posts are not independent/financial/investment advice, nor endorsements of any product/asset/service. We try to maintain the accuracy of our information however we rely on external data which may include errors. We are not liable under any circumstances for loss or damage as a result of using our information or services.
#bitcoin #bitcoingold #cryptocurrency #arbitrage #arbhunter
how about the costs involved on
so i guess 0.80% will be reduced and the time to transfer between exhchanges as well.
Hi @sarah249, thanks for your feedback.
This opportunity does not factor in any costs. With these fees in mind there is still an arbitrage opportunity. We are currently looking into incorporating the fees for the transactions on exchanges. However, we also recognise that this is one of multiple possible trading scenarios. For example, one scenario represents the opportunity where a trader already has BTC on bittrex, and BTG on bitbay. Here there is no need to withdraw or transfer, and one simply executes the trades on the respective exchanges.
To summarise, you're correct that the final profits would be lower when including all fees, and this does not factor in the time to transfer between exchanges, which would result in price movements. The perfect arbitrage scenario would have zero transfer time between buy/sell orders by having the currencies already on the respective exchanges.
i made a bot for myself and it has an arbs scanner to find these opportunities and calculates fees as well. it is only available for binance and bittrex at the moment.