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by far the slowest part is the tether/USD market to convert as you transfer tether but neither exchange has a BTC/tether market, only BTC/USD. you really need a tether/USD bot as it has a centre line around 1.0 so simul arb is not as important for that part.
Missed that! even better. I suggested to @BTSEcom that maybe they could do also. Would speed up and simplify as the BTC/USD market was much deeper than USD/Tether. arb people tend to market buy as they need simul trade, and so pay higher taker fees which is good for the exchange.
Plus narrower pricing, more liquidity from faster market making. Makes it harder for people to try hold price down on a price index component exchange also (used for leverage Bitcoin options).
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