How I arb $USK using $FURY on @TeamKujira FIN FURY/USK order book.
- I placed a buy-order of 50 USK of ~12k $FURY
- that hits
- I placed a sell-oder of that ~12k $FURY at 10% higher price.
As you see:
I'm now collecting 56 $USK, or 10% more $USK, from that sell-order.
Conversely, I arb both $axlUSDC and $USK on the axlUSDC/USK order book.
This time I'm arbing $axlUSDC (OR. AM. I???): I placed sell orders of $axlUSDC for 50 and 37.5, sold for $USK, now I'm buying back at 51 and 38 $axlUSDC.
axlUSDC/USK is a no-brainer arb-machine!
Do I rest on those trades?
Nosirree.
I turn those buy-orders around to sell-orders, again, a bit higher than I bought.
THEN! Since axlUSDC/USK is so freek'n whack, I put in three buy-orders for deeply discounted axlUSDC-bargains.
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