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You can definitely use Kraken's market to arb: - buy BTC with your USD on Coinbase Pro. - sell your BTC into USDT on Binance. - Sell your USDT back into USD
by askmike 7y ago
You can definitely use Kraken's market to arb:
- buy BTC with your USD on Coinbase Pro.
- sell your BTC into USDT on Binance.
- Sell your USDT back into USD on Kraken.
It really doesn't matter if the last step is 1:1 or another rate. If the price between Coinbase and Binance is big enough you can profitably arb this.