Tuesday, December 6, 2022

2022-12-06 arbitrage: 100 axlUSDC

Next, while we're waiting on the $ATOM buy limit order, let's do the $axlUSDC-arb.

./vern, my main man, ./vern recommends the following path:


  • axlUSDC,USK,ATOM,OSMO,axlUSDC
We'll worry about the ATOM/OSMO path when we (ever) get to it. Let's place the order:
  • 2022-12-06 placed: 100 axlUSDC -> _ USK, SELL at 0.9466 fulfilled

The first order, axlUSDC -> USK, hit for my axlUSDC-arb.


Do you know what I do next? Are you getting the rhythm of this?

  1. claim orders.
  2. consult ./vern, my main man, ./vern
  3. place orders

This is the process where one BUIDL's positions from smol bag to Santa bags.

./vern, my main man, ./vern suggested a simpler trading-path for the axlUSDC-arb, one that doesn't involve the dicey ATOM/OSMO book.


I'm not complainin'

  • axlUSDC,USK,KUJI,ATOM,USK,axlUSDC

Mr. ./gantt: do your thing; 


I'll do mine by placing the next order:



A funny thing happened whilst placing this order: the price on KUJI went up $0.2. d-mn-t. So, I had to retract my order, then place it again, all in a matter of seconds.

*whew*

And *BANG* that order hit right away, so I consult ./vern, my main man, ./vern, just to be sure (yeup, the path is unchanged), then place the next order:

  • 2022-12-07 placed: 159.3434 KUJI -> _ ATOM, SELL at 0.0651 fulfilled
This trade is interesting, because it's already half-fulfilled. 


So, I'll give this one a pass and revisit this later tonight. 

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