Tuesday, January 10, 2023

Simple ATOM arb on FIN

Here's an simple trading opportunity that come up often enough on @TeamKujira FIN:



  • I bought 3.5 $ATOM at $10.92 on ATOM/axlUSDC
  • current market price is $11.175 on the same order book
  • or it's $11.142 on ATOM/USK

WAT DO?

'Wat do?' depends on what YOU want to do.

  1. An obvious move is to sell it right back on ATOM/axlUSDC, netting a neat profit
  2. OR, after selling, you can buy back on ATOM/USK (after trading the axlUSDC on axlUSDC/USK order book), and you've just arbed $ATOM.

Cool beans! 😎

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