Profit display policy update

Arbidex
2 min readNov 2, 2018

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Dear users,

Please note that we are changing the way profits are shown.
Starting from today 6 p.m. UTC we will update your profits for 29th, 30th, 31st October and 1st November.

Please do not be alarmed about 0% profits for 1st of November as this is the beginning of pnl period.
Please note: if you add funds between the arbitrage update dates, they will not be taken into work immediately. They will be taken into arbitrage on the day arbitrage profits are updated, i.e every Thursday.

Starting from November 1st, we will change the way profits are displayed. Next time profits will be updated on the 8th of November. We will be updating profits every Thursday at 6 p.m. UTC.

We are still using futures arbitrage. We will continue to show profits every week. The updated profits will show weekly results. There is going to be 1 entry which will show your profit for the previous week.

We have increased the number of our trading algorithms and made them more complex because of fierce competition. Calculating daily profits is no longer viable due to their complexity and profit cycles.
For example, an algorithm can open a trade on one day and close it only after two days.

We are still ahead of the game as we continue to improve our trading algorithms. Currently our trading algorithm is one of the fastes on Bitmex. We hope you will be happy with our progress and results in the following months.

Please study this detailed accrual guide: https://kb.arbidex.uk.com/knowledge-base/how-arbitrage-profit-is-calculated

Please send your suggestions and questions to support@arbidex.uk.com

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Arbidex

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