Hacker News new | ask | show | jobs
by space-dandy 2473 days ago
if anyone wants to disclose... how much can/did you make with a system like this (towards the dawn of the crypto hype, not now)? awesome!
1 comments

At peak (December 2017 to February 2018), my small python bot was making between 500 to a couple thousands dollars per day. It was even possible to do arbitrage by hand at that time since you sometimes had a 10-20% difference between the markets.
Can confirm. Early January 2018 I made $10k in a week because the BTC/JPY price was 10% higher than the BTC/USD price. It required a partner in Japan and lots of international money remittances though...
How did you handle the delay of moving coins between exchanges?
If you have enough money - you can spread it among various exchanges into pre-defined coins and just rebalancing it along the usual trading.
any good article about coin arbitrage ? right now I'm mostly curious about the operation