Arbitrating X and USK on Kujira ORCA

INJ

Arbitrating BOTH $USK AND $INJ, using @TeamKujira ORCA.

1. bid 100 $USK on liquidated $INJ
2. wait
3. claim 3.6 liquidated $INJ on ORCA

4. sell 3 $INJ for 118 $USK (gained 18 $USK)

5. keep 0.6 $INJ FO' FREE (gained 0.5 $INJ)
6. loop ad infinitem.

Easy-peasies! 

stATOM

Arbitrating BOTH $USK AND $stATOM, using @TeamKujira ORCA.

1. bid 30 $USK on liquidated $stATOM
2. wait
3. claim 3.36 liquidated $stATOM on ORCA
4. sell 2.8 $stATOM for 36 $USK (gained 6 $USK)
5. keep 0.5 $stATOM FO' FREE (gained 0.5 $stATOM)
6. loop ad infinitem.

Easy-peasies! 

Theme: arbitrage on ORCA

... do you sense a theme developing here?

Yes, I've developed a new-for-me approach to arbitrage using @TeamKujira ORCA.

ATOM

... ditto for 3.2 $ATOM, however this was a wee bit too close to call, so I'm just arb'n the $USK with this one.

DOT

... $DOT, however, did much more nicely at a 16% discount. I sell-back on @TeamKujira FIN to continue the $DOT and $USK arb on ORCA

LUNA

$LUNA is an interesting exception.

The premium is so close to market, and the price is so depressed right now, that it's better that I simply keep this $LUNA I've gained and hope, someday, the Great Do Kwon will restore $LUNA to its former, $100+-per, glory.

MNTA

$MNTA is another exception.

I got a good discount on it, at 12%, but I got so few $MNTA there's no point in a looped arbitrage here.

I withdraw my bids and call it a day for $MNTA

stOSMO

Same for $stOSMO: I claim a smol amount of $stOSMO, so I'll just keep it and try again later with a new arbitrage-approach on ORCA.

DOT LP and perpetuals on Levana

🚨🚨

OY! You LEVERAGE LOVIN' POLKADOTTIRS!

🚨🚨

@Levana_protocol has opened up their single-sided $DOT LPs (currently at 19% APR) and their LONG and SHORT $DOT perpetuals!

You must 🚨🚨🚨 FIRST CONVERT $axlDOT to $DOT (composable) with not insignificant slippage on @osmosiszone

After that, you will probably need to supply some liquidity to the $DOT-pool before you open leveraged positions, because @Levana_protocol is fully self-funded.

At 19% APR on the $DOT LP, I'm not complainin' about this 'parking lot' of liquidity, ya hear? 😎

After liquidity is available on the protocol, you can take long and short positions. I go 💯 bat crazy degen by taking a 10x LONG and a 10x SHORT position against $DOT. When one pops, I'll close it for profit, and I hope I degen my way to 50M $DOT on @Levana_protocol.

HIGH RISK!

The remaining $DOT ('composable') I supply to the $DOT LP on @Levana_protocol at 19% APR.

I'll BUIDL this $DOT bag with profits from the 10x perpetuals, and, hey, if the perpetuals liquidate, it's 100% my loss, but I finally get to do something with this liquidity, see? 

2022-12-31 DOT arb

Now, let's do a $DOT-arb.

./vern, my main man, ./vern sez:

• DOT,axlUSDC,wETH,USK,axlUSDC,DOT

But I'm going to kick things off via the DOT/USK order book, then swap USK for axlUSDC via that order book.

Because I CAN!

• 2022-12-31 placed: 35.828896 DOT -> _ USK, SELL at 4.167 fulfilled

2022-12-25 DOT arbitration

Let's start a $DOT-arb.

./vern, my main man, ./vern recommends, 

... well, a lot of things, but the most viable $DOT-arb recommendation is

• DOT,axlUSDC,ATOM,KUJI,USK,DOT

I place the first order.

• 2022-12-25 placed 18.97055 DOT -> 86.0694 axlUSDC, SELL at 4.537 fulfilled

Now, for the $DOT-arb, ./vern has an interesting suggestion: go through $ETH to arb $DOT.

This is interesting because the $ETH-arb is going via $DOT.

Do I, as a dad, need to know what these two are up to?

Anyway, $DOT is on sale, so if I simply buy back, I'll match the arb.

• 2022-12-27 placed: 86.0694 axlUSDC -> 20.0722 DOT, BUY at 4.288 closed

$DOT is becoming a secret weapon for me on @TeamKujira blockchain. Everybody else passes it by for $wETH and $wBNB and $ATOM, so I'm getting this $USK-minter for good prices.

Keep ignoring $DOT, folks. Please.

DOT/axlUSDC slaps with an arb and a dip-catch.

2022-12-29: 18.97055 DOT -> 20.0722 DOT, 5.81% ROI, 2 days CLOSED

2022-12-19: DOT arbitrage

Let's do the same thing for a $DOT arbitration. 

./vern recommends: DOT,axlUSDC,SCRT,USK,DOT

So we place the order:

• placed 25.24845 $DOT -> 115.7389 $axlUSDC, SELL at 4.584 fulfilled

The $DOT sell order hit.

Of course it did, it being an up-market, and all.

So, lettuce consultus ./vern, my main man, ./vern.

./vern is all over the map: recommending ATOM/OSMO (nope), and saying SCRT will give `inf` returns (nope).

Two words, folks: NOPE! 😤

So, ./vern is steady.

./vern is dependable.

./vern, my main man, is my main man, ... ICYMI.

But, when ./vern goes off the rails like this, that's why I have ./emily, whom I always turn to for Good Counsel.

But, after all the code changes, ./emily be illn' rn.

Let's fix ./emily

./emily: fixed https://github.com/logicalgraphs/crypto-n-rust/blob/main/src/ch08/intimate/intimate.rs

...I also removed those nagging `inf`-paths, to boot.

./emily says the straight swap-back or the axlUSDC-USK paths get me 25 $DOT back.

So, ./vern's $wETH-détour is best, then. Let's do that.

• DOT,axlUSDC,USK,wETH,axlUSDC,DOT
• placed 115 axlUSDC -> 113.3552 USK, SELL at 0.9772 fulfilled
• placed 113 USK -> _ wETH, BUY at 1,128.99 cancelled
• DOT,axlUSDC,USK,DOT
• placed 113 USK -> 25.6877 DOT, BUY at 4.399 fulfilled

2022-12-19, 25.24845 DOT -> 2022-12-22 25.6877 DOT 1.74% ROI, 3 days. Trade closed.