Potential Triangular Arbitrage between USDT, BTC, TRX on DigiFinex Exchange

Start Buy   Buy   Buy  End
BTC
 100
USDT 0.00001040
 9611925
TRX 0.2237
 42965305
BTC 429185
 100.11
0.11  0.11
BTC
 100
TRX 0.000002327
 42966329
USDT 4.470
 9611568
BTC 96154
 99.96
-0.04  -0.04
USDT
 100
TRX 0.2237
 447.00
BTC 429185
 0.001042
USDT 0.00001040
 100.11
0.11  0.11
USDT
 100
BTC 96154
 0.001040
TRX 0.000002327
 446.85
USDT 4.470
 99.96
-0.04  -0.04
TRX
 100
USDT 4.470
 22.37
BTC 96154
 0.0002326
TRX 0.000002327
 99.96
-0.04  -0.04
TRX
 100
BTC 429185
 0.0002330
USDT 0.00001040
 22.40
TRX 0.2237
 100.11
0.11  0.11
Above are the different combinations of the triangular flow of executions between Tether, Bitcoin, and TRON on DigiFinex exchange. A triangular arbitrage with cryptocurrencies occurs when a given coin's exchange rate does not match the cross-exchange rate of that coin to another counter currency. The price discrepancies generally arise from situations when one coin is overvalued while another is undervalued. Please note, we use the market (spot) prices between cryptocurrency pairs. You should use real-time bid and ask prices obtained directly from the DigiFinex marketplace in a real situation. Triangular intra-exchange arbitrage could be appealing because it happens entirely on a single exchange, unlike other arbitrage strategies that involve trading across multiple exchanges. To find profitable opportunities among the given 3-coin combinations below, we can determine if a cross-rate is overvalued. If there is a price discrepancy when trading between selected assets, we can generate risk-free profit if the orders are performed correctly, respecting all transaction fees.

Operated by DIGIFINEX LIMITED. a company registered in Seychelles, and currently operating in Singapore. DigiFine. is a multi cryptocurrency exchange platform. I. provides currency trading (buy/sell) services for a range of blockchain assets such as Bitcoin, Ethereum and Litecoin. DigiFinex does not charge deposit fees and the trading fees are set as 0. 2%. DigiFinex native token is the DifiFinexToken (DFXT). Telegram | Facebook | Instagram | LinkedIn | KakaoTalk . Mediu. | Reddit

Triangular arbitrage of digital assets is a trading technique that tries to profit from a price difference between three different coins on the same cryptocurrency exchange or across different markets. Sophisticated traders did triangular arbitrage for many years in the forex markets, and it can also be applied to cryptocurrency markets.
Cryptocurrency arbitrage is the process of taking advantage of inefficiencies in markets. With cryptocurrencies, this can happens more often as the price of coins fluctuates over time and differs on different exchanges against the homogenous counter currency. If there is a difference between the cost of an asset across other exchanges (or even potentially within the same market), it may be possible to buy and sell the same coin in a way that will result in a net profit. A triangular arbitrage opportunity is a trading strategy that exploits the arbitrage opportunities that exist among three currencies on a single exchange or across multiple exchanges. The triangular arbitrage is found during the exchange of one coin to another when there are discrepancies in the listed prices for the given counter currency.