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All cryptocurrency prices are converted to BTC - even BTC. Which means the price of 1BTC is always 1. Because of this you can't see any arbitrage opportunities for BTC.
Possible solutions;
Convert every single cryptocurrency into the price of a fiat - most likely USD.
only convert BTC to USD for every exchange.
Basically do we wantl prices to be in USD or in BTC?
The text was updated successfully, but these errors were encountered:
You probably want an average weighted price for each pair (which can be calculated across all exchanges in all currencies independently) and to find standard deviations from that. If you rate pairs in dollars, you won't be able to do arbitrage within USD.
Not sure what the best way to fix this is,
All cryptocurrency prices are converted to BTC - even BTC. Which means the price of 1BTC is always 1. Because of this you can't see any arbitrage opportunities for BTC.
Possible solutions;
Basically do we wantl prices to be in USD or in BTC?
The text was updated successfully, but these errors were encountered: