@fabulist, thank your for taking a look and giving real feedback. it is very much appreciated.
in no particular order, the questions you have raised.
Why 6 seconds. cex has a 600 requests per 10 minute limit on their API otherwise they ban the caller. i make sure that I am under that
I already know that others are using triangular arbitrage, in the stock market and I suspect they are also doing it on cex, otherwise I would be getting large numbers of profit opportunities rather than say 20-60 a day i am currently getting. So others doing something similar cant be controlled.
out of date opportunities i am thinking of doing. i can simply report every arbitrage i find to let people see what is happening. Although currently the trial which doesnt need people to even sign up or use cex shows it live as it happens.
I think you are also right into going into the math/detail. originally i have been thinking about keeping it fairly "high" level because most won't want to learn the math, but it may give them a greater sense of it being a real opportunity
No trouble, I'm experiencing similar problems with trust trying to get my pentesting company started. The skepticism is frustrating, if understandable. :)
From what you've said, I'm inferring that when one utilizes an triangular arbitrage opportunity it is expended. If thats so, I would advise extreme caution. This could make scaling painful, as your customers would be using the same algorithm and finding the same opportunities, but only one of them would get the payout. The result would be that the value of your product decreases with the number of customers. Perhaps you could adjust your code so that it queries CEX no more than 600x/10min, and ever 6s on average, but the timing has a random element. This would prevent your clients from syncing with each other. YMMV.
Comments
@fabulist, thank your for taking a look and giving real feedback. it is very much appreciated.
in no particular order, the questions you have raised.
Why 6 seconds. cex has a 600 requests per 10 minute limit on their API otherwise they ban the caller. i make sure that I am under that
I already know that others are using triangular arbitrage, in the stock market and I suspect they are also doing it on cex, otherwise I would be getting large numbers of profit opportunities rather than say 20-60 a day i am currently getting. So others doing something similar cant be controlled.
out of date opportunities i am thinking of doing. i can simply report every arbitrage i find to let people see what is happening. Although currently the trial which doesnt need people to even sign up or use cex shows it live as it happens.
I think you are also right into going into the math/detail. originally i have been thinking about keeping it fairly "high" level because most won't want to learn the math, but it may give them a greater sense of it being a real opportunity
thanks again fabulist
No trouble, I'm experiencing similar problems with trust trying to get my pentesting company started. The skepticism is frustrating, if understandable. :)
From what you've said, I'm inferring that when one utilizes an triangular arbitrage opportunity it is expended. If thats so, I would advise extreme caution. This could make scaling painful, as your customers would be using the same algorithm and finding the same opportunities, but only one of them would get the payout. The result would be that the value of your product decreases with the number of customers. Perhaps you could adjust your code so that it queries CEX no more than 600x/10min, and ever 6s on average, but the timing has a random element. This would prevent your clients from syncing with each other. YMMV.