Tuesday, August 29, 2023

Cryptocurrency pop-quiz: token price variance across order books

#cryptocurrency pop-quiz

We've seen the highest and lowest prices for each of $KUJI, $MNTA, and $ATOM.

Arbiteurs live for variance. For example, if I buy $KUJI at 41¢ (not too long ago...) and sell it for 97¢, I've more than doubled my money.

So! Compute the maximum variances for $KUJI, $MNTA, and $ATOM as percents.

Which token, according to your calculations, is best for arbitration?

BONUS: hmmm, ... I wonder if there's a $LUNA-play here?

BONUS-BONUS: what's your favorite token to arb? Why?


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