Cryptocurrency Q&A
How to spot triangular arbitrage on Binance?
How to spot triangular arbitrage on Binance?
Carlo
Sun Dec 08 2024
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7 answers
1263
I'm trying to figure out how to identify triangular arbitrage opportunities on Binance. I want to understand the process of spotting these arbitrage chances and how I can take advantage of them.
7 answers
Bianca
Tue Dec 10 2024
This tool calculates the exchange rate for all possible triangular arbitrage paths, such as ab -> bc -> ca, using live bid quotes.
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benjamin_stokes_astronomer
Tue Dec 10 2024
In addition to calculating the exchange rate, BinanceMonitor also takes into account any fees that may be associated with the transaction.
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Lucia
Tue Dec 10 2024
Triangular Arbitrage is a strategy that involves exploiting price differences across multiple cryptocurrencies on a single exchange.
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Daniela
Tue Dec 10 2024
The fees are subtracted from the calculated rate to provide a more accurate representation of the potential profit.
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Giulia
Tue Dec 10 2024
Once the rates have been calculated and fees subtracted, BinanceMonitor sorts and displays the top arbitrage opportunities in descending order.
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