|
Title: Orderbook.net (formerly Icbit.se) Arbitraging the BTCUSD future Post by: nrd525 on December 31, 2014, 05:35:08 PM Can you make money by buying a BTC now for around $315 and then selling it on Sept 15 for $350-$360 on Orderbook.net?
What are the disadvantages of this? How much fees would you get charged? Is any type of leverage possible? Title: Re: Orderbook.net (formerly Icbit.se) Arbitraging the BTCUSD future Post by: nrd525 on December 31, 2014, 09:24:05 PM This thread has a good explanation:
https://bitcointalk.org/index.php?topic=131622.0 Title: Re: Orderbook.net (formerly Icbit.se) Arbitraging the BTCUSD future Post by: screwUdriver on January 02, 2015, 06:55:58 AM You will have counterparty risk the entire time. I would say on a NPV basis (taking in the risk that they will disappear) you probably will end up not making money on this trade.
You would only make ~11% on this trade while you could make ~6% on bitfinex but would not be locked into a months long trade over the same time period. Locking yourself into a long trade makes it difficult to unwind a trade in the event the exchange starts to show signs they are about to fail/scam |