Orderbook.net (formerly Icbit.se) Arbitraging the BTCUSD future

[nrd525]

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?

[nrd525]

This thread has a good explanation:

https://bitcointalk.org/index.php?topic=131622.0

[screwUdriver]

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