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I created a straightforward explanation on how to take Fees into account. Because FEES are super duper important, and often people just don’t understand the sim
by kesor 9y ago
I created a straightforward explanation on how to take Fees into account. Because FEES are super duper important, and often people just don’t understand the simple math required to compute them.
The explanation is in this blog post: https://steemit.com/arbitrage/@kesor/the-math-behind-cross-exchange-arbitrage-trading https://steemit.com/arbitrage/@kesor/the-math-behind-cross-e...
Another critical thing that creates arbitrage across exchanges is a malfunction at some exchange. One great example is the YoBit exchange, which has about 100+ wallets permanently as “offline”. The price at YoBit might be much higher than on some other exchange, but without a wallet, you cannot move the funds across. Newbies beware!