[Free tool] Find triangular arbitrage opportunities across 250 trading pairs

[mediumrider]

Hi guys, we just launched a free tool here that will let you track triangular arbitrage opportunities in real time:

https://mushino.com/triarb

It aggregates price data from 250 trading pairs across 10 reputable exchanges.

At the time of posting there's an arbitrage of $30 on Bitcoin.

[MURONDI]

I don't really like arbitrage trading, Popular coins usually only have a small difference in price between exchanges, I think it is very difficult to get profit from arbitration what else is popular coin arbitration, how long have you been using the mushino site, can you show a history of the results of your arbitration so far.

[hugeblack]

It is good, but it is not completely free, as I need to log in to check some pairs.
The number of listed currencies is reasonable, but relatively small, as there are about 23 added currencies.
Most of the listed coins are stable and there are no significant differences between them.

For future development, the tool needs to include more rankings and facilitate search options.
The expansion in adding more currencies may give this tool an advantage, but it is somewhat good.

[sheenshane]

@hugeblack was right, the more cryptocurrency listed the more pairs will be made.
Regarding fees as I understand, there are no fees on deposit and maker orders but in taker orders, there is a 0.06% fee cost which is very reasonable to all traders.

I just curious about the competition, so we can join without any amount to spend?
https://mushino.com/competition, as per stated, you will receive 0.05 fake BTC, 2 fake ETH, and 400 fake USDT and you use this to join the competition, isn't it?

[sana54210]

Arbitrage is all about timing as over the time, the gap in price levels converges which means opportunity of arbitrage may fade away with time. If you notice, chances for arbitrage may appear when there is lack of volume. It means arbitrage opportunities are not for all the people but only for those who figure out them too early.

When your tool spots out an arbitrage opportunity, I am not sure how many people may able to make use of it as you are basically driving out volume to that particular trading pair (and to that particular exchange) which will push price gaps to fade away more quicker than usual. So, your tool may shorten the profits too small^{even for early spotter} which pushes finding arbitrage as a very rare one.

[wajik-tempe]

Hi guys, we just launched a free tool here that will let you track triangular arbitrage opportunities in real time:

https://mushino.com/triarb

It aggregates price data from 250 trading pairs across 10 reputable exchanges.

At the time of posting there's an arbitrage of $30 on Bitcoin.

Arbitrage is less popular right now compared to 2017 where i could earn more than 5% fixes income from my whole assets each day. Because there are many websites like this ehich provide price gap between exchange, that will make people are not making any price gap anymore

[mediumrider]

It is good, but it is not completely free, as I need to log in to check some pairs.
The number of listed currencies is reasonable, but relatively small, as there are about 23 added currencies.
Most of the listed coins are stable and there are no significant differences between them.

For future development, the tool needs to include more rankings and facilitate search options.
The expansion in adding more currencies may give this tool an advantage, but it is somewhat good.

Hugeblack, thanks a lot for the feedback.

On your request, we have just added a search option.

The tool has also received a slight redesign. All the currencies are now aggregated in one view.

Are there any particular rankings or currencies you would like to see in the future?

[dude77]

I have a question about Ethbull arbitrage which is a 3x leveraged erc20 token.

The description for it reads that it is designed to move 3% for every 1% ethereum moves. I'm looking at the charts for it on tradingview and having a hard time understanding why it moves the way it does.

My question is: How do you determine what the correct price for ethbull should be and how do you take advantage of arbitrage when it is not correctly priced?

For instance, looking at a recent swing on eth shows these prices:

======== ethbull   ethusd
17-Dec   464   122.96
3-Feb   1364   188
     
Ratio    2.94     1.53


In other words from dec 17 to today ethbull increased about 3x and ethusd increased 1.5x. That would mean ethbull moved 2x what eth did, not 3x.

Why is it like that? What is the formula to take a chart of ethusd and plot what the correct price for ethbull should have been?

[mikemolleux3]

The tool has been simplified a bit, and new exchanges/coins have been added.

[SamReomo]

The tool has been simplified a bit, and new exchanges/coins have been added.

Oh my friend! This thread is almost dead and you're replying in this trade after 3 years. What made you to reply in this thread? Are you the OP of the tool and somehow lost your old account? Or you might be someone who is eager to update people about the things they have forgotten?

Anyhow, the most important thing is that arbitrage trading isn't profitable and many people will lose more with the fees. It isn't simple to transfer a coin from one exchange to another. The fees and the time we wait for it to arrive at another exchange would fail the arbitrage opportunity.

[Hamza2424]

Hmm, Thanks for sharing it but dear I am not satisfied with this tool at all as I am using some more tools also the point is haha I am not an Arbitrage trader haha. Also, this is not free at all as you have mentioned in the Tittle anyway I won't say it's click-baiting as it's offering some type of free trial haven't used it before so I have no experience with its smoothness and efficiency. Anyway OP thanks for sharing I got an idea about starting a topic from your Thread haha.

If you really want to use such tools then I have some preferred tools for use which I have used personally rarely;
    
CryptoArbitrage
ArbiTool
CoinTracker
Token Metrics
Binance Arbitrage Bot

Oh my friend! This thread is almost dead and you're replying in this trade after 3 years. What made you to reply in this thread?

Haha Just noticed that anyway now I am expecting there will be a discussion on this topic with the lastest updated tools.

[Flexystar]

That's a cool website as a whole. I mean your UI is far better than most of the popular brands out there. Simplicity can really make good difference between the quality and quantity. Surfed through trade and tesnet section and you have got it covered pretty good.

However, when I was surfing he website I can see that there 900+ sign ups and only 1 person is connected to the server, that is definitely me. Why there is no rush on your site. Have you not marketed your products or having any marketing work ups?

The arbitrage trading in real time seems to be good tool, but I am doubtful about the practical approach. With the high volatility bitcoin could never stand up that 30 bucks arbitrage.


Edit:

I also just noticed that this thread was dead!
I am surprised who is keeping that website alive after hardly having no online users on the site?

[mikemolleux3]

That's a cool website as a whole. I mean your UI is far better than most of the popular brands out there. Simplicity can really make good difference between the quality and quantity. Surfed through trade and tesnet section and you have got it covered pretty good.

However, when I was surfing he website I can see that there 900+ sign ups and only 1 person is connected to the server, that is definitely me. Why there is no rush on your site. Have you not marketed your products or having any marketing work ups?

The arbitrage trading in real time seems to be good tool, but I am doubtful about the practical approach. With the high volatility bitcoin could never stand up that 30 bucks arbitrage.


Edit:

I also just noticed that this thread was dead!
I am surprised who is keeping that website alive after hardly having no online users on the site?

Thanks for the feedback. Site has more activity now. For triangular arbitrage, I would look into some of the altcoins instead of BTC. BTC is too efficient (mostly) to make money on triangular arbitrage.

[hugeblack]

The tool has been simplified a bit, and new exchanges/coins have been added.

Is this an alt account to @mediumrider, or is it affiliated with everstrike.io?
The interface is beautiful and streamlined, but the price differences are not great.

In the sense that the price differences are not large between those prices, which makes arbitrage not profitable, or at least there is no indication of profitable arbitrage.

[mikemolleux3]

There are some opportunities involving BinanceUS right now, but thats probably too risky/out of scope for most folks here