Arbitrage: have you ever tried and how much have you earned so far?

[Anne8]

What's the difference between trading and arbitrage trading in crypto context?

Actually i never try arbitrage technique trading. I was thinking if we can do it fast, it will be profitable.
Arbitrage is one of trading strategy where you buy any altcoin in first exchanger then you send and sell it in second exchanger because there is different price between those exchanger.

[CryptoKranthi]

I've also tried arbitrage 3 days ago between poloniex and bittrex for emc2 coin. The gap was big enought to make profit. I transfer the tokens to bittrex. And then the gap got much smaller. So I finished it with a very little profit.

Nice sharing. Could you please share how you managed to spot the gap for that particular coin ? Are you continuously trading that coin alone or do you keep on checking multiple coins for gaps from one exchange to another exchange ? I just wonder how people finds the gap between exchanges and making profits from arbitrage trading.

I guess if we are holding some coins and checking for better prices in one or two exchanges then we may find gaps for that one particular coin. Otherwise we must need bots to help us to spot gaps across exchanges.

same would love to know how you detect those arbitrage.

also what are the crypto that move fast like eth,litecoin ?

Stellar. Stellar is really quick. It is faster than even Eth.

[Altcoins enthusiast]

I have never tried arbitrage trading and though I have a desire to make serious money out of it.  I have been trading all this while  though I seriously believe that one day I am going to diversified into another arbitrage trading. I have read many stories on how people are making good money through it and I seriously have a desire that I should join them.

[onnz423]

I have done this many times. It allows for a quick profit, although I do not do it now as I do not have time to be looking around. I can say that if you are looking into doing this it requires time, and ability to look around quickly. There are some bots you can get that will automatically notify you of arbitrage opportunities, but these bots are widespread, so you're up against stiff competition with or without the bot.

[BackBachvsUp]

The latest one I tried was last month for a token.
A new exchange and a forgotten one, the price discrepancy was big and no traffic.

Bought 0.3 eth worth of token and get 0.8 something in return, clean, in under one hour.

As a noob, I felt like a champ 

[manggis97]

I never do that because in my opinion to do that you have to chooce big exchange that has high volume so will be get better liquidity. This trading methode is too consuming times because we have to check all price of crypto in many exchange and also there are any risk when transaction corfirmed too long and the price can be changed.

[iyemroker]

I often do arbitration on local Exchange in my country, and it can only profit about 11% with local altcoin also made my own country.

if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!

[bering]

yes i have tried it before from my local exchange to yobit exchange but i get worst experience during my first Arbitrage method because the confirmations to send the coins were pretty long even after my transactions was confirmed then the price was change and dropped and i failed to get profit even at that time i was loss and since that i consider Arbitrage is risky

[Getcoinsite]

I have tried it once with altcoins a long time ago. I bought UltraCoin through Mintpal at around 5000 satoshi as as soon as I noticed a buy order of around 1 BTC worth of UltraCoins at 8000 satoshi on Cryptsy, but.... Cryptsy didn't post my deposit even after hours and hours of waiting, and a huge load of confirmations (not sure whether or not it was done on purpose, but it was definitely strange). Result -- I barely managed to break even. After that I have never ever used Cryptsy again. It was also the end of arbitrage trading for me.

Thats why arbitrage is very risky but profitable if you will only find appropriate exchanges for you to make dealings,i have tried this or how many times when my internet provider is still accurate but now i stopped doing it because my internet is turtle move since arbitrage needs faster network because every seconds counts and important to make transactions or else you'll be late and losing is what you may have

[zocipro]

It is profitable but you need to be very smart and pay a lot of attention to the difference between the price between exchanges, and also, it requires a lot of time to be honest

[WaitingToGetPaid]

I have not used arbitrage strategies yet, but I really want to do it. But  you need to go through serious training. Currently, I am looking for experts who can learn you  arbitrage strategies.

[richcorner100]

I also never do it this trading strategy, and i think this trading will consuming much times and not efisien because we should be check all price of crypto in many exchange, but only promising small profit. I prefer doing day trading with scalping to increase profit than arbitrage.

[naidray]

I often do arbitration on local Exchange in my country, and it can only profit about 11% with local altcoin also made my own country.

if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!

I have never really tried it and I am not sure I even want to.
I am happy with the huge percentage I make from trading daily, which I believe that is good enough for anyone who is not ready to take some unnecessary risk. Arbitrage is a whole lot risky most especially in this world where everything obviously can happen fast as the level of volatility is high.

Unless you are doing arbitrage on coins that have fast transactions, fewer fees on transaction with exchanges, and exchanges that you can trust, then you can go ahead, but we know that is a bit hard in the crypto world.

[FiveReels]

Some exchanging sites especially sites with larger volume, Have good amount value of coins, Since I have other accounts on exchanger sites,It is very essential also to do arbitrage because your aim here is to earn huge profit, Ive been doing this 3 months ago and all i can say, It really works:)

[Oilacris]

I often do arbitration on local Exchange in my country, and it can only profit about 11% with local altcoin also made my own country.

if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!

I have never really tried it and I am not sure I even want to.
I am happy with the huge percentage I make from trading daily, which I believe that is good enough for anyone who is not ready to take some unnecessary risk. Arbitrage is a whole lot risky most especially in this world where everything obviously can happen fast as the level of volatility is high.

Unless you are doing arbitrage on coins that have fast transactions, fewer fees on transaction with exchanges, and exchanges that you can trust, then you can go ahead, but we know that is a bit hard in the crypto world.

When i do see on the level of risk between day trade and arbitrage i would say they are just the same but they do have different key spots on where you should really focused on when you try to execute these things.
Even myself didnt tried out to do arbitrage even though you do know how it was done but doing it on actual basis would really be hard.Precies timing and fast confirmation between exchanges would really be mainly needed.

[fedecaccia]

these days i keep seeing a lot of topics and comments in this board talking about arbitrage trading.
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.

and also how much profit did you make?

Hi everyone,

We just published an article showing how real world arbitrage in crypto is more difficult that what many people claim. The article is available here: https://blog.coinfabrik.com/what-i-have-learned-from-my-arbitrage-experiences-with-cryptoassets/ and is the starting point of a series of articles in this topic.

Hope it helps.
fede caccia

[coinplus]

I have tried it once with altcoins a long time ago. I bought UltraCoin through Mintpal at around 5000 satoshi as as soon as I noticed a buy order of around 1 BTC worth of UltraCoins at 8000 satoshi on Cryptsy, but.... Cryptsy didn't post my deposit even after hours and hours of waiting, and a huge load of confirmations (not sure whether or not it was done on purpose, but it was definitely strange). Result -- I barely managed to break even. After that I have never ever used Cryptsy again. It was also the end of arbitrage trading for me.

Thats why arbitrage is very risky but profitable if you will only find appropriate exchanges for you to make dealings,i have tried this or how many times when my internet provider is still accurate but now i stopped doing it because my internet is turtle move since arbitrage needs faster network because every seconds counts and important to make transactions or else you'll be late and losing is what you may have

Well, I cannot say how profitable it is since the day I decided to give it a try; it did not actually ended up well for me. Although, I did break even though, but with the transaction fees and all, at the end it was a little loss.

It was really a huge percentage difference between bittrex and HitBTC, but before I could say Jack Robinson, some guys who were just thinking like you have moved so fast to get it back up and a bit over the notch, but I guess I would still give it a try again later on though, but it is always best when at least the margin is a bit on the high side.

[anobtc]

Nearly 4 or 5 months ago, when many coins were newly listed on Binance. I've ever tried arbitrage traded TRIG token, when i knew the news, i bought it on Bittrex and withdrawn to Binance then sold with double profit (bittrex charged 5 TRIG as withdrawal fee, it's mean ~60$, that's suck).

[Pamadar]

Some exchanging sites especially sites with larger volume, Have good amount value of coins, Since I have other accounts on exchanger sites,It is very essential also to do arbitrage because your aim here is to earn huge profit, Ive been doing this 3 months ago and all i can say, It really works:)

It's all about timing, though we see differences between exchange in terms of value but most of the time it was just created by the bots, people mistakenly seen this opportunities without knowing the risk, its profitable indeed because you are dealing with sure profits if being properly escalated but the risk is also high, I was able to this before with draco project, buying coins from cryptopia and selling it inside bittrex, it was few of us knew how to transfer from nxt wallet so the difference between exchange value was huge, and I can say that its really fun and very profitable back then.

[raven7886]

yes i have tried it before from my local exchange to yobit exchange but i get worst experience during my first Arbitrage method because the confirmations to send the coins were pretty long even after my transactions was confirmed then the price was change and dropped and i failed to get profit even at that time i was loss and since that i consider Arbitrage is risky

That is usually the issue one would always have when it comes to arbitrage which makes it a whole lot risky.
Sometimes, even when a network transaction of the coin is fast, some exchanges do not do that immediately, some may even close deposit or withdrawal and some other things.

Hence, moving coins around exchanges can be a whole lot risky and you may end up losing so much than gaining. I simply prefer normal trading, at least, a lot easier than the stress that comes with arbitrage unless the percentage between those coins is just too much to overlook.