Post
Topic
Board Trading Discussion
Re: Bitcoin arbitrage on GitHub: ~2% monthly return, market-neutral long/short
by
lightpuma
on 26/05/2016, 17:04:37 UTC
Hi!

Interesting project. Have you considered adding checks for triangular arbitrage opportunities? For example, coincheck.jp offers margin trading (so does okcoin.cn for that matter) meaning that the bot could work for a triangular arbitrage between JPY/BTC/USD or CNY/BTC/USD. Also opens up plenty more exchanges.

The only forseeable problem is that you'd have to find a reliable website to convert USD<->JPY/CNY for the initial deposit into the balance, but that shouldn't be a problem considering the wealth of money exchange platforms out there (OFX, TransferWise, etc.)

Anyway, seriously interesting venture and I'll keep checking back on this.