| Potential Triangular Arbitrage between BTC, ETH, BNB on Lykke Exchange |  |
| Start | Buy | | Buy | | Buy | End | | |
BTC 100 | BNB 0.007308 13683 | | ETH 3.172 4314 | | BTC 43.14 100.00 | 0.0 0.0 |
BTC 100 | ETH 0.02318 4314 | | BNB 0.3153 13684 | | BTC 136.82 100.02 | 0.02 0.02 |
BNB 100 | ETH 3.172 31.53 | | BTC 43.14 0.7309 | | BNB 0.007308 100.00 | 0.0 0.0 |
BNB 100 | BTC 136.82 0.7309 | | ETH 0.02318 31.53 | | BNB 0.3153 100.02 | 0.02 0.02 |
ETH 100 | BNB 0.3153 317.20 | | BTC 136.82 2.318 | | ETH 0.02318 100.02 | 0.02 0.02 |
ETH 100 | BTC 43.14 2.318 | | BNB 0.007308 317.17 | | ETH 3.172 100.00 | 0.0 0.0 |
Above are the different combinations of the triangular flow of executions between Bitcoin, Ethereum, and Binance Coin on Lykke 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 Lykke 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.
The Lykke exchange is a semi-decentralized exchange for cryptocurrencies and fiat. The compan. s subsidiaries, which are licensed as financial companies, provide broker and trading services for clients. All possible asset pair types are tradable: fiat fx to fiat fx, fiat fx to crypto, and crypto to crypto. Lykke, as a company, provide. liquidity, issuance services, and consulting. The commissions and fees for Lykke are close to zero. Lykke exchang. . native wallet is Lykke wallet. Telegram | Facebook | Instagram | LinkedIn | Medium
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.