Wednesday, July 12, 2023

Cryptocurrency/Math pop-quiz: KUJI/LOCAL

#cryptocurrency #math #arbitrage problem.

Okay, put on your trading hats!

I just sold 76 $KUJI at 71.8¢-per for 8362 $LOCAL at 0.717¢-per.



  1. What's the ratio LOCAL/KUJI of this trade?
  2. If I sell-back the $LOCAL at market price, how much $KUJI do I get? How much do I GAIN?

BONUS!


Which is the better trade? by how much $KUJI?

  • LOCAL -> KUJI

or

  • LOCAL -> USK -> KUJI




You may ask ./emily to help you if you'd like.  


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