Bitcoin Forum

I'm new to this market, but I just did a test and it seems coincap and coinbase have 1-2% different prices in real time on the same  currency. Do other's see this? If that's really the case then there is a huge opportunity for gain without risk in this new market.

Why would there be a difference?

Robert

Perhaps this post will not be removed as my first post was on the question about how Coinbase could possibly not transfer Bitcoin cash to the Bitcoin holders in Coinbase.

Robert
 

please just use the forum search, threre are hundred of threads about arbitrage and explanatiion what could work and what not.

Any links or examples?

cruuently there is no arb space, you may wait the price keep a little stable somehow

the thing about arbitrage is, if there is a chance then somebody faster than you and with a bot is already doing it. and if there is a chance for a big profit because of a big difference then there must be something wrong with the exchange.
for example when bitfinex fiat problems started the price of bitcoin went up because nobody could make any fiat deposits but they could make a bitcoin withdrawal so they bought bitcoin and withdrew that.

this may seem like a good arbitrage problem at first sight (eg $1250 @bitfinex while $1130 @coinbase) but in reality because of what i said it was impossible to perform it. so make sure to check everything first before jumping in.

Before you execute arbitrage, you should be ready for the exchange that you will be using because if you will just compare an online wallet to an exchange then it will not be easy for you to do arbitrage because arbitrage is more often get done in exchanges and not in wallet. Register in different exchange and check a coin that is good for arbitrage so you can easily get profits.

The best tool for BTC arbitrage trading here
https://data.bitcoinity.org/markets/arbitrage/USD

Yes I have always noticed that there is a price difference in every exchanger, and some of them even go as high as 5%+. I once checked Xapo and Coinbase– Xapo was displaying plus about 5%, while Coinbase was displaying the accurate price. I don’t really check price with exchangers, I prefer to use blockchain.info.

There are companies like USI-TECH that arbitrage (and mine) for you, doing it yourself is unlikely to yield any real profits.... if you want I can send you a link to sign up with USI

There is friction and cost to get money on and off an exchange, for these reasons while Bitcoin is fungible - funds on an exchange are not.

There are those that do nothing but that, the fact is that the fees and other tidbits here and there eat you alive, so it is a hard game to play and the numbers have to be big. You also have to be fast and you have to watch the volumes and make sure that there is a trade for you on the other side when you get there, or you are just sitting with coins in your wallet and no one to sell them to. Some people use software for this type of trade and anything that helps is good.