The reason why she used USDT i am sure is purely because of its stable value in this volatile market.
Precisely said, thank you!
So, I successful set up ARBI (again) for both exchanges. First night, profit was 16% at oKEX, see the picture below. Also, I had several potential trades at Poloniex, but my Trend Monitor settings filtered them out; markets were falling and it was safer to just keep funds. No
"shitcoin" bags, all funds returned to base currency with profit. I have checked directly in my exchange accounts, profit is there, logging was precise.
Some of the logs:
https://image.ibb.co/fchOp8/photo_2018_07_12_15_22_13.jpgI eased the Trend Monitor settings at Poloniex a bit, I will return with new experience soon.
Meanwhile, I wrote some tips as I promised:
- The probability of returning to the base currency in a single triangular arbitrage depends alot on your Price Scanner and Trend Monitor settings. The wider your scan range and the more restrictive your trend monitor settings are, the higher the mentioned probability is.
- Although ARBI itself is super lightweight and therefore works greatly in a low-cost VPS too, alot of VPS providers prefer to "steal" usage time and split that time between multiple clients. The time that the VPS provider "steals" could cover the interval of one or more arbitrage events or during the execution of an arbitrage... Make sure at your provider you physically get the time that you pay for and that the computer supports concurrent multithreading.
- The wiki of ARBI is clearly straightforward and provides many more excellent tips if the lines are read carefully and make sure that you actually understand the bot.
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