| Potential Triangular Arbitrage between BTC, ETH, LTC on Yobit Exchange |  |
| Start | Buy | | Buy | | Buy | End | | |
BTC 100 | ETH 0.03808 2626 | | LTC 0.02741 95796 | | BTC 957.85 100.01 | 0.01 0.01 |
BTC 100 | LTC 0.001044 95778 | | ETH 36.48 2625 | | BTC 26.26 99.97 | -0.03 -0.03 |
ETH 100 | LTC 0.02741 3648 | | BTC 957.85 3.809 | | ETH 0.03808 100.01 | 0.01 0.01 |
ETH 100 | BTC 26.26 3.808 | | LTC 0.001044 3647 | | ETH 36.48 99.97 | -0.03 -0.03 |
LTC 100 | ETH 36.48 2.741 | | BTC 26.26 0.1044 | | LTC 0.001044 99.97 | -0.03 -0.03 |
LTC 100 | BTC 957.85 0.1044 | | ETH 0.03808 2.742 | | LTC 0.02741 100.01 | 0.01 0.01 |
Above are the different combinations of the triangular flow of executions between Bitcoin, Ethereum, and Litecoin on Yobit 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 Yobit 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.
We could not find a lot of information about this exchange - be careful when dealing with them. They have the following features: User-friendly interfaceFull Trade page at the screen without scrollingImmediate cryptocurrency deposit / withdrawalYobiCodes (deposit codes)Api in btc-e format for faster integration into bot-systems; Two-factor authentication (Google Authenticator, email); Lottery. DICE. On the security side they say they have: File systems encryptionSSLAnti-ddosIntelligent system of queer transaction analysis and blocking; Real time encrypted data backup; Cold/hot wallets. Yobit exchange native tokens are Yobit Token (YO) and YobitVirtualCoin (YOVI). Telegram
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.