Find and Capture All Bitcoin Arbitrage Opportunities with One Account — SFOX

There’s a common myth that arbitrage opportunities for bitcoin no longer exist because the crypto market has matured to the point that the price of BTC is consistent across trading venues.

Bitcoin arbitrage opportunities of 5% or more are still out there: traders just need to be prepared to act on them immediately because they’re often gone in a minute or less.

Today, SFOX is pleased to announce the rollout of its Bitcoin arbitrage tracking system: an actionable network of notifications designed to let SFOX traders capture every bitcoin arbitrage opportunity with ease.

You can now get notifications of all BTC, ETH, LTC, BCH, BSV, ETC, and RVN arbitrage opportunities of 50 bps and greater, complete with hyperlinks allowing you to quickly access the correct pair on your SFOX account to capture that arbitrage opportunity. (At current BTC prices, a 50-bps arbitrage on 1 BTC would come out to roughly $50 of profit instantly with very little risk.)

You can access the Bitcoin arbitrage tracking system in four different ways:

SFOX’s Bitcoin arbitrage tracking system is designed to make it easy for traders to capture the kinds of crypto mispricings that are still relatively common yet ordinarily very difficult to identify and act on. As an example, consider the 6.8604% BTC/ LTC that popped up between Binance and Bittrex on May 15th, 2020:

There are two major hurdles to capturing opportunities like this:

  • You need to identify the opportunity in this first place. With dozens of leading crypto trading venues and different BTC trading pairs, it’s virtually impossible to recognize significant arbitrage opportunities between them unless you have a robust, automated system for watching and comparing their order books in real-time.

When used in conjunction with an SFOX trading account, SFOX’s Bitcoin arbitrage tracking system clears both these hurdles and provides traders with the best chance to capture any and all bitcoin arbitrage opportunities that arise. Here’s how it works:

  • Because SFOX’s trading platform is plugged into all major bitcoin trading venues, we monitor all of their order books and compare their tick data in real-time. That allows us to constantly compare their top-of-book prices for BTC and other cryptocurrencies — and notify you whenever an arbitrage opportunity arises.

The result is that it’s now dead-simple to hunt down every arbitrage opportunity in the crypto sector. Just follow these three steps and you’re good to go:

  1. Open and fund an SFOX trading account.

That’s all there is to it. Capturing bitcoin arbitrage doesn’t have to take more than a few clicks. Welcome to the latest way SFOX is providing its traders with unique edge.

Have you already been enjoying the benefits of SFOX’s Bitcoin arbitrage tracking system? Are there any tweaks to the system or new features you’d like to see us add in the future? Let us know what you think in the comments!

Originally published at https://www.sfox.com on June 2, 2020.

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SFOX

The first crypto prime broker for sophisticated traders and institutional investors.