Trading volume in arbitrage calculations

From the starting, due to unavailability of exchanges’ order book, we have assumed a particular volume and calculated all type of arbitrages only using maximum bid and lowest ask price; as we don’t know the real volume at the top level of order book, so many users at times unable to take benefit from the arbitrages that are being shown on KoinKnight.

For a while now, we have been tracking the order book of all the exchanges and we are very excited to announce that with the availability of all the right ingredients required to convert an arbitrage into super-arbitrage that will make you invincible is live on KoinKnight. Now nobody can stop you from benefitting from all the arbitrages.

Make money using this helpful and irreplaceable arbitrage trading feature as nobody has ever seen on a cryptocurrency arbitrage platform.

Where will you find it?

You don’t have to change anything to use this feature, as you did before, go to the arbitrages page you like for example triangular and just click on “with volume” option at the top of the page.

With volume indicator to view arbitrages calculated considering volume.

As soon as you click on that button all the cards that will be coming in front you will be based on volumes available on exchanges and you have the same filter feature and live tracking feature available as before.

How does it work?

Now, KoinKnight basically calculates every arbitrage with the sole objective of giving you the maximum profit without having to assume anything and to achieve it, we have incorporated the buy side and sell side volume in our algorithm.

The area under the curve gives you the maximum profit

While achieving this task we are also able to showcase two important things to our users:

-First and foremost, we are only showing those arbitrages which have enough volume to make a positive arbitrage.

-Second, is the maximum profit you can make in a particular arbitrage.

So now you not only find true arbitrages but also decide which arbitrages are good for you according to your requirements.

How to use it?

After clicking on with volume option, the structure of data that is being shown in the cards is completely changed.

You can see sort options next to With Volume

So, in the first row, we are showing the maximum amount and the coin count that you can purchase/invest, hence if you are thinking to invest more than the amount mentioned then I would say either you will reduce the maximum profit that you could have earned from it by investing less or rather don’t use that arbitrage and go for another one.

Now you know the right quantity to purchase, at what price to purchase that quantity? So to see that I would suggest users click on the “Track Live” button and there you can find the darkened rows on the order book indicating how many levels down you have to move for bid-side and at what price and how much quantity you need to purchase.

Screen after you click on Track Live button

To give you a better understanding of how much you have to buy and sell at each level we have shown a volume indicator with red for ask and green for bid. With 100% filled indicator means that you have to completely fill that quantity at that particular price and for other cases, partially filled indicator, we have shown both the percentage and exact quantity to fill.

Then you need to follow the normal process of transferring your coins to another exchange without worrying about the trading charges or transfer charges as everything has been already incorporated in the calculation.

You can also check out our KoinKnight Video Tutorial below.

Note: We are also empowering users with “sorting functionality” giving you the choice to sort on the basis of arbitrage percentage or total profit in both ascending and descending order according to your requirements.

Isn’t doing arbitrage become too simple and too fast in KoinKnight!

Do let us know in the comment section or by emailing us on contact@koinknight.com for any concerns, or how much you like these features.