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Arbitrage between exchanges

Posted: Mon Dec 25, 2017 8:25 pm
by marvgk

It is my understanding that it is not possible to purchase on one exchange and sell on another....True? If so this bot is for simulation only?

Is it possible to setup an alarm when exchanges have a % variance on the same pair? Example ltc/usd on gdax, ltc/usd bitstamp, with a 5% difference an alarm will sound.

Re: Arbitrage between exchanges

Posted: Tue Dec 26, 2017 2:31 pm
by stephan
Its true indeed. About 4-5 years ago it was still possible to execute this type of arbitrage but these days it takes too long to get the coins transferred between exchange. It it now a kind of dream to do this type of arbitrage.

Funny fact: There are so called secret APIs which can transfer coins more quickly between exchanges. We are connected to such a provider and we did tried to make it work. But on the end, we again hit this speed issue.