I did a $10k practice BTC arb trade across and using $L-USDt and $L-BTC which cleared 0.33% (after tether/USD market & trade fees) twitter.com/adam3us/status (sell BTC on bitfinex, simul buy on BTSE). not bad for 2mins transfer + tether/USD orderbook tinkering).
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Hm I'm skeptical. I see the markets all in line with each other--did you do all the legs at the same time or get lucky to market moves? And fees should really eat up a LOT here, were you making or taking? If making--sure but you could get run over.
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if you have screenshots of simultaneous takes on BTSE USDT/USD, BTSE BTC/USD, and Bitfinex BTC/USDT that are good by 33bps together after all fees color me shocked.
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As the USD/USDt market is not very deep and I didn't want too much slippage. Wanted the trade to be as good as it could as a test vs lazy "market buy batch" so that took a bit of time. Wasn't that careful tho, could do marginally better waiting longer for orderbook to grow back.
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Were you taking or making? If taking you probably paid like 30bps fees right?
show screenshots of executed trades - easy peezy, limit execution is impossible without taking unreasonable risk that the market will move away from you
