| Potential Triangular Arbitrage between USDT, BTC, ETH on BTCMarkets Exchange |  |
| Start | Buy | | Buy | | Buy | End | | |
BTC 100 | ETH 0.02250 4444 | | USDT 0.0005374 8269395 | | BTC 82713 99.98 | -0.02 -0.02 |
BTC 100 | USDT 0.00001209 8268833 | | ETH 1861 4444 | | BTC 44.44 99.98 | -0.02 -0.02 |
ETH 100 | USDT 0.0005374 186080 | | BTC 82713 2.250 | | ETH 0.02250 99.98 | -0.02 -0.02 |
ETH 100 | BTC 44.44 2.250 | | USDT 0.00001209 186049 | | ETH 1861 99.98 | -0.02 -0.02 |
USDT 100 | ETH 1861 0.05374 | | BTC 44.44 0.001209 | | USDT 0.00001209 99.98 | -0.02 -0.02 |
USDT 100 | BTC 82713 0.001209 | | ETH 0.02250 0.05373 | | USDT 0.0005374 99.98 | -0.02 -0.02 |
Above are the different combinations of the triangular flow of executions between Tether, Bitcoin, and Ethereum on BTCMarkets exchange. A triangular arbitrage with cryptocurrencies occurs when a given coin's exchange rate does not match the cross-exchange rate of that coin to another counter currency. The price discrepancies generally arise from situations when one coin is overvalued while another is undervalued. Please note, we use the market (spot) prices between cryptocurrency pairs. You should use real-time bid and ask prices obtained directly from the BTCMarkets marketplace in a real situation.
Triangular intra-exchange arbitrage could be appealing because it happens entirely on a single exchange,
unlike other arbitrage strategies that involve trading across multiple exchanges. To find profitable opportunities
among the given 3-coin combinations below, we can determine if a cross-rate is overvalued.
If there is a price discrepancy when trading between selected assets, we can generate risk-free profit
if the orders are performed correctly, respecting all transaction fees.
BTCMarkets is one of the larger and more reputable Australian Bitcoin exchanges since its founding in 2013. They have recently shifted their focus to add more popular trading pairs that give breadth and depth to their trading offerings. Fees are the big advantage with this exchange with a reasonable to non existent set of charges for withdrawal and deposit and average trading fees at 0. 22%. BTC Markets are the Australian partner for the Ripple On-Demand Liquidity program. BTC Markets technology provides remitters access to Rippl. s On-Demand Liquidity (ODL) payments solution. Cross-border payments are now completed in seconds. The market-leading technology is a first for Australia. Telegram | LinkedIn | Faceboo. . Instagram
Triangular arbitrage of digital assets is a trading technique that tries to profit from a price difference between three
different coins on the same cryptocurrency exchange or across different markets.
Sophisticated traders did triangular arbitrage for many years in the forex markets, and it can also
be applied to cryptocurrency markets.
Cryptocurrency arbitrage is the process of taking advantage of inefficiencies in markets. With cryptocurrencies, this can happens more
often as the price of coins fluctuates over time and differs on different exchanges against the homogenous counter currency.
If there is a difference between the cost of an asset across other exchanges (or even potentially within the same market),
it may be possible to buy and sell the same coin in a way that will result in a net profit. A triangular arbitrage opportunity is a
trading strategy that exploits the arbitrage opportunities that exist among three currencies on a single exchange or across multiple exchanges.
The triangular arbitrage is found during the exchange of one coin to another when there are discrepancies in the listed prices for the given
counter currency.