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RE: STRATIS (STRAT) Update: How different is strat/usd to strat/btc? Find out here in this blog!
They had enough separation at one point last night that it became profitable to swap back and forth on buy/sell between USD and BTC prices.
You must be very nimble! If it works, awesome. The key is consistency and if that's possible, even better.
Certainly. As soon as they start to merge, I sell to BTC if it's looking low, or USD if BTC is looking too high. That way you might snag that quick jump in bitcoin before moving it. Rarely does the window stay open very long where you're making it worth your time, but occasionally. Consistency is easier if you are very liquid and don't have to make 3 way swaps and pay the extra fees, but again, it's rare that all the pieces fall into place like that. I'm usually too tied up in other runs for the math to show enough profit to be worth it