Potential Triangular Arbitrage between USDT, BTC, BCH on DigiFinex Exchange

Start Buy   Buy   Buy  End
BTC
 100
BCH 0.003714
 26926
USDT 0.003262
 8254704
BTC 82576
 99.96
-0.04  -0.04
BTC
 100
USDT 0.00001211
 8254637
BCH 306.56
 26927
BTC 269.25
 100.01
0.01  0.01
BCH
 100
USDT 0.003262
 30657
BTC 82576
 0.3713
BCH 0.003714
 99.96
-0.04  -0.04
BCH
 100
BTC 269.25
 0.3714
USDT 0.00001211
 30658
BCH 306.56
 100.01
0.01  0.01
USDT
 100
BCH 306.56
 0.3262
BTC 269.25
 0.001212
USDT 0.00001211
 100.01
0.01  0.01
USDT
 100
BTC 82576
 0.001211
BCH 0.003714
 0.3261
USDT 0.003262
 99.96
-0.04  -0.04
Above are the different combinations of the triangular flow of executions between Tether, Bitcoin, and Bitcoin Cash 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.