Post
Topic
Board Trading Discussion
Re: Anyone doing arbitrage?
by
QuadsPoker
on 26/12/2018, 18:23:11 UTC
-any software available?
-any other tips?
I am not busy with it but there is a program called tabtrader, you can follow the price difference in several exchanges. Also working with the API key will make arbitrage very easy but be careful with it.
-any recommended exchange to use with Bitstamp?
If you want to be busy with arbitrage, you should register many exchanges as you can. Because as you know, arbitrage takes advantage of the price difference.
Besides that, I think arbitration has a very big risk, especially in the transaction period. the longer the transaction is done, the less likely we are to get a profit because the market price can even change every minute, even seconds.
Transaction times causing changing price is the main difficulty indeed. That's why it would be great to have some members here willing to share their personal experience about arbing.
Main thing is: people won't share a winning recipe (which I can understand), But just a few tips would be more than welcome Smiley
 Cheers.

I think to be able to do decent arbitrage trading In crypto you must make sure you have sufficient balance on every exchange. If I would consider arbitrage in crypto I would make sure I have at least 1000$ on 5-10 different exchanges. I think this is the only possible way. cause transactions between different exchanges may take to long and the arb with already be gone before your money is on the exchange to execute the sell