If you had a Bitfinex account and a Coinbase account, you couldve made some easy money. Coinbase went under $200 for a split second but Bitfinex stayed under $200 for 10 minutes, hitting $162.
The spread was huge for those 5 minutes
They require confirmations, wouldn't be possible to arbitrage.The spread was huge for those 5 minutes
If I have 20 coins in coinbase and an account at bitfinex.
I buy 20 from bitfinex and just sell the 20 coins I have at coinbase I end up with 20 coins and 800 in cash.