Potential Triangular Arbitrage between BTC, TRX, POL on Poloniex Exchange

Start Buy   Buy   Buy  End
BTC
 100
TRX 0.000002136
 46827090
POL 2.859
 16380116
BTC 163666
 100.08
0.08  0.08
BTC
 100
POL 0.000006105
 16379053
TRX 0.3498
 46827713
BTC 467290
 100.21
0.21  0.21
TRX
 100
POL 2.859
 34.98
BTC 163666
 0.0002137
TRX 0.000002136
 100.08
0.08  0.08
TRX
 100
BTC 467290
 0.0002140
POL 0.000006105
 35.05
TRX 0.3498
 100.21
0.21  0.21
POL
 100
TRX 0.3498
 285.90
BTC 467290
 0.0006118
POL 0.000006105
 100.21
0.21  0.21
POL
 100
BTC 163666
 0.0006110
TRX 0.000002136
 286.11
POL 2.859
 100.08
0.08  0.08
Above are the different combinations of the triangular flow of executions between Bitcoin, TRON, and Polygon Ecosystem Token on Poloniex 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 Poloniex 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.

Poloniex is a pure crypto to crypto exchange based in the United States. With a grand redesign in early 2015, the site has added a wealth of features to provide a fully immersive trading experience. Technical analysis charts and live chat mean it is easy to stay abreast of news flow and analyze price trends before taking a position. For a crypto to crypto exchange, there is a good security and decent volume and order book depth for the majority of its trading pairs. Telegram | Weibo . 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.