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bmino / binance-triangle-arbitrage

Detect in-market cryptocurrency arbitrage
MIT License
1.08k stars 340 forks source link

Profit Setting #8

Closed kulonuwun closed 6 years ago

kulonuwun commented 6 years ago

Hi, thanks for development this arbitrage. As i am newbie in this app, i'd like to ask questions because i'm not clear about how this app will execute (buy-sell) in binance.

  1. I just tested and in profit i saw many - (minus) profit such as -0.119%,. Is it mean loss trading? is your app only execute profit pairs or loss also ?

  2. Is there any profit setting? so the app will only execute profit only after calculating 3 pairs. If loss then the app will not execute it.

Thanks for the answer, sorry for my bad english.

bmino commented 6 years ago

Hey, thanks for your interest!

1.) Right now, this app does not execute any trades. The profit column in the HUD displays the expected profit or loss of executing the three trades required for a triangle arbitrage position.

If the profit is reported to be -0.119% and you bought A, traded it for B, traded it for C, then traded it for A again, you should expect to have 0.119% less of A than you started with ie. a loss of 0.119%

2.) There is no minimum profit threshold setting. Keep in mind, that finding profitable triangle arbitrage opportunities is rare because the Binance exchange has become more or less an efficient market.