| Potential Triangular Arbitrage between USDC, BTC, ETH on DigiFinex Exchange |  |
| Start | Buy | | Buy | | Buy | End | | |
BTC 100 | ETH 0.02235 4475 | | USDC 0.0005423 8251274 | | BTC 82508 100.01 | 0.01 0.01 |
BTC 100 | USDC 0.00001212 8252166 | | ETH 1844 4475 | | BTC 44.74 100.02 | 0.02 0.02 |
ETH 100 | USDC 0.0005423 184386 | | BTC 82508 2.235 | | ETH 0.02235 100.01 | 0.01 0.01 |
ETH 100 | BTC 44.74 2.235 | | USDC 0.00001212 184436 | | ETH 1844 100.02 | 0.02 0.02 |
USDC 100 | ETH 1844 0.05423 | | BTC 44.74 0.001212 | | USDC 0.00001212 100.02 | 0.02 0.02 |
USDC 100 | BTC 82508 0.001212 | | ETH 0.02235 0.05424 | | USDC 0.0005423 100.01 | 0.01 0.01 |
Above are the different combinations of the triangular flow of executions between USD Coin, Bitcoin, and Ethereum on DigiFinex 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 DigiFinex 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.
Operated by DIGIFINEX LIMITED. a company registered in Seychelles, and currently operating in Singapore. DigiFine. is a multi cryptocurrency exchange platform. I. provides currency trading (buy/sell) services for a range of blockchain assets such as Bitcoin, Ethereum and Litecoin. DigiFinex does not charge deposit fees and the trading fees are set as 0. 2%. DigiFinex native token is the DifiFinexToken (DFXT). Telegram | Facebook | Instagram | LinkedIn | KakaoTalk . Mediu. | Reddit
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.