Experience in Arbitrage trading?

[Kemarit]

Arbitrage was very profitable in 2017, that is prior to all KYC mandated exchanges and the used of the bot. If I remember correctly, there was a huge discussions about this one as well, people claiming to make huge money. However, as we have seen the market evolved, and the used of bot very important and obvious in the last 2 years, it's very hard if you are an inexperience trader to pull this kind of strategy. Profits are made in seconds and if you just hesitated for a bit, your potential profit could end up with a huge loss. I'm sure that they are still doing it as of today, but for newbies this is not advisable as it takes experience and knowledge just to pull this off.

[1714174283]

1714174283

[PuertoLibre]

I recently found out about this form of trading, but never tried it. Can anyone with experience give me some hints? I mean is this algorithm they use successful? And is it true about having big gains?

Arbitrage trading is not the same as the new traders read the success stories on the medium pages. The hidden face of the arbitrage can hurt the inexperienced trader due to the requirements by the exchanges. The hidden orders and liquidity problems can decrease the calculated profitability after a few attempts.  The profitability of the arbitrage orders has to be higher than the calculated value, otherwise, the trading bots will suck the small percentages less than 2% from my own arbitrage experience.

You can calculate the profitability of the token listed on both IDEX and Kucoin. After checking the order sizes on both exchanges, buying from the low price exchange and sending the bought tokens to the Kucoin has to be done ASAP. The risk of losing arbitrage attempt depends on the speed of the blockchain(ERC-20 token confirmation time is around 10 min for 50 confirmation).

[ufaiz50]

Arbitrage trading is more we move funds to other markets by utilizing the difference in price in each market, you must have seen in each market have a different value in each coin. I have done it before, the profit gained from the price difference is also deducted for the fee, so you have to really take into account the transaction and trading fees, for the algorithm nothing is certain, here you must know the fee in all markets if you want to conduct arbitrage trading.

[traderethereum]

I recently found out about this form of trading, but never tried it. Can anyone with experience give me some hints? I mean is this algorithm they use successful? And is it true about having big gains?

I have experience with the arbitrage trading, but I feel that my experience is not good than others because in that time, my deposit coin was too late to arrive in the other exchange and that makes me get a small profit.
Arbitrage trading will difficult than leverage trading because we need to know how long the transaction will get confirmed from the network and the other exchanges so it could make us get lost.
What algorithm? I don't know what you mean.
Yes, arbitrage trading can give big gains especially if we can use the moment for sending and receiving the coin in the other exchanges. But that will not be easy as we know that the network will be busy to confirm the transaction.
I guess that not just you that will want to use the arbitrage trading because other people will do the same thing as you if they see a chance to make a profit from arbitrage trading.