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officialnico / arb

financial arbitrage on binance
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Market and Coin Support #2

Open kacperkozi opened 4 years ago

kacperkozi commented 4 years ago

What markets have we chosen to support? Bittrex and Binance? What currency pairs have you been looking at? It is important to note that BTC - USDT currency pair is the most popular one in the world so there are far less arbitrage opportunities on it compared to minor currencies like Litecoin, Monero or Ethereum Classic. It is riskier to hold these minor currencies too.

What are your thoughts?

officialnico commented 4 years ago

Yea I chose bittrex and binance but im open to whatever else, ive made it so that we can change the symbols and exchange without fucking anything up. do you have any suggestions for default exchangeA & B

i've been looking at those on the list, im down to work on other currencies, feel free to edit the default symbols, i can see how btc/usdt is not good, ill change it. those currencies i feel are worth something specially monero, wouldn't mind having more of those.

PS: In the end goal i want to have it be editable with command line arguments (ie.

-add xrp/btc -exchangeA binance (draft), so i've been coding it to work with hopefully every other exchange and symbol in ccxt that have arbitrage oppurtinity

kacperkozi commented 4 years ago

Ok, I noticed one thing. Bittrex uses FIAT USD while all assets on Binance use USDT (tEther). This means that it will be more difficult to preform arbitrage using one pair that is USD and one that is USDT.

I propose we use Kraken and Bittrex as both use FIAT USD. Attached is a photo that demonstrates price differences:

bittrex kraken

Clearly there are opportunities with the LTC/USD pair.

officialnico commented 4 years ago

Hey @KingGhost you said we should do bittrex and kraken ^ but binance and kraken elsewhere, what do you propose