Thursday, December 1, 2022

2022-12-01 Trade: 100 USK

Next, ./vern suggests a $USK-trade.

  • USK,axlUSDC,KUJI,ATOM,axlUSDC,USK


It's a straightforward path.

  • 2022-12-01 (EM's 21st birthday): placed 100 $USK -> _ $axlUSDC, BUY at 0.9299 retracted

Let's revisit the 100 USK -> USK arb, 


... that never got off the ground. 🙄

./vern, my main man, ./vern recommends an entirely new trade-path:





  • USK,ATOM,OSMO,axlUSDC,USK
So I start this trade-path:


  • 2022-12-06 placed: 100 USK -> _ ATOM, BUY at 9.488 fulfilled
This is via the ATOM/OSMO order book (low volume), so I ask ./vern for an alternate path:



  • USK,ATOM,(axlUSDC,USK,KUJI,axlUSDC),OSMO,axlUSDC,USK


So we're taking the scenic route. 🙄

The USK -> ATOM order hit. So I claim that 




... and run the market data through ./vern, my main man, ./vern.


./vern, again, has new ideas. Still via ATOM/OSMO, still as complicated a trade-path, but now, the nodes are different, again.

  • USK,ATOM,(KUJI,USK,ATOM,axlUSDC),OSMO,axlUSDC,KUJI,USK

Okay. We adjust, then place the new order.


  • 2022-12-06 placed: 10.5396 ATOM -> 162.8995 KUJI, BUY at 0.0647 fulfilled
The ATOM -> KUJI trade hit in the USK-arb. 


So we ask ./vern, my main man, ./vern to give us an updated trade-path, based on current markets.



The path is much simpler this morning.

Mr. ./gantt charts the course for us.

  • USK,ATOM,(KUJI,axlUSDC,OSMO),ATOM,USK


And thus, we place the next trade in the path:


  • 2022-12-07 placed: 162.8995 KUJI -> _ axlUSDC, SELL at 0.647 retracted 
  • 2022-12-07 placed: 162.8995 KUJI -> 100.336 axlUSDC, SELL at 0.616 fulfilled
  • axlUSDC,OSMO,ATOM,axlUSDC,USK
  • 2022-12-07 placed: 100.336 axlUSDC -> 116.5343 OSMO, BUY at 0.861 fulfilled

And record the new order in our SPREADSHEETSZORXEN!?!?!?!??! 


Yus. Yus, we do.

We have the same $OSMO-story for the $USK-arb:

./vern, my main man, ./vern recommends the ATOM/OSMO order book.


The workaround ./vern recommends is to sell the $OSMO for $axlUSDC, 

  • OSMO,axlUSDC,KUJI,USK,ATOM


which is what I shall do. 

  • 2022-12-08 placed: 116.5343 OSMO -> _ axlUSDC, SELL at 0.923 fulfilled


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