axlUSDC/USK: weird

This is a follow-up to the simple arb post.

Okay, on @TeamKujira blockchain, we can all agree that we HAVE $axlUSDC, but we WANT $USK, right? We can  agree, yes?

So, given that:

The axlUSDC/USK order book has got to be the weirdest thing in the Blockaverse. Bar none.

I 'sold'(?) $axlUSDC? No: I was BUYING $USK.

Weird.

So, this weird-o order book, axlUSDC/USK, is 🔥🔥🔥

I claimed three 'sales': so I 'sold' $axlUSDC.

So, when I want to make profit on the arb I 'buy' the $axlUSDC back, but at a LOWER(!!!) price

Sell high; buy low to profit on this order book

I place 3 new sell-orders.

But, as I placed these sell-orders, two of them filled, immediately. Like I said: axlUSDC/USK is 🔥🔥🔥. So, I placed moar sell orders, then I matched what I 'sold' with buy-orders, but, remembering to set the price lower on the $USK I'm using to 'buy' $axlUSDC. 

Follow?

This is how arbitration on the axlUSDC/USK order book works: you first 'sell' $axlUSDC at price x, then, when that order is fulfilled, you 'buy' back it at price x-ε.

What am I really arbing? $axlUSDC or $USK?

'Yes' 🤓

I want to grow my $USK-bag, but growing both is fine, too.