Bitcoin Forum

Economy => Trading Discussion => Topic started by: LandOfSeas on May 31, 2011, 09:21:23 PM



Title: Currency / market arbitrage
Post by: LandOfSeas on May 31, 2011, 09:21:23 PM
I just noted that on the different markets for bitcoins the prices vary a lot.

A calculation based on the current prices for Mt Gox and Britcoin (live updated) can be found at
http://projects.delux.me/bitcoin_arbitrage/

As I do not own accounts on any of the trading platforms, you are welcome to contact me if you own accounts on multiple trading platforms. I have experience in creating bots for real money trading platforms and would love to write a working one for this platform as well : )

best regards!


Title: Re: Currency / market arbitrage
Post by: Ronin on May 31, 2011, 09:51:11 PM
I've also made, a website, which I personally use for small arbitrage opportunities.

http://bitcoinprices.com (http://http://bitcoinprices.com)

Besides MtGox and Britcoin, there is also Bitomat. Hopefully soon I will also add Bitmarket. Right now one has to simply switch between markets, to see their current exchange rates and price differencies. Probably I will have to add also something, that will instantly recalculate and easily show the possibilities for arbitrage. Definitely this is an interesting topic.


Title: Re: Currency / market arbitrage
Post by: LandOfSeas on May 31, 2011, 09:59:20 PM
yeah, i noticed your website - i just missed the point where you can directly compare the different sites.

i think the main problem is the time you need to transact everything between the markets - that is where the price comes from....


Title: Re: Currency / market arbitrage
Post by: johanatan on June 03, 2011, 04:44:15 AM
In your USD-GBP section, you've got GBP and USD reversed.  Currently 1 USD is 0.6112 GBP.

See: http://www.google.com/search?sourceid=chrome&ie=UTF-8&q=1+usd+in+gbp