How we arbitrage and fulfill 20% p.a. for Bitcoin in late 2019
900 BTC sold out in just 75 days. A steady product provides more than 5x profit compared to Binance Lending.
In the last 75 days, since PiHodl launches its public sale on Pionex Exchange, 900 BTC sold out, and PiHodl has attracted lots of attention from the crypto investors.
100% Arbitrage Strategy
Nowadays, it’s hard for a small quantitative team to use a 100% arbitrage strategy in its quantitative approach. Several reasons as follows: they can’t negotiate a better policy for trading fees, their engineering technique is not good enough, and the drawdown will happen when they arbitrage, etc.
Most of the quantitative teams use CTA strategy, which is a kind of algorithm to predict the trend of the future market.
But as you may know, no one can predict the market.
Here lies the advantage of our 100% arbitrage strategy — PiHodl.
Here lies the advantage of our 100% arbitrage strategy — PiHodl.
Performance of PiHodl Since the beginning of 2019
According to the PiHodl performance data, it remains a 0% drawdown since Jan 3, 2019. Following is the growth of unit price and profit per month in the last 11 months.
High-Frequency Arbitrage Technique = Calendar Spread Arbitrage + Spot-Future Arbitrage
The two main strategies in PiHodl are Spot-Future Arbitrage and Calendar Spread Arbitrage.
Risk Control in PiHodl
PiHodl team follows a strict risk control policy. That’s why PiHodl doesn’t have drawdown in 2019.
Why I can’t arbitrage by myself while PiHodl can do that?
I. The engineering ability and infrastrature is not good enough
Nowadays, arbitrage teams tend to be more professional. The team with a better engineering ability can easily catch most of the arbitrage opportunities in each exchange.
For example, a professional arbitrage team can detect 60 opportunities in a day and seize 50 of them. While a normal arbitrage team also detects 60 opportunities, but they can only capture 20 of them. The strategy and the fee are the same for both teams, but it’s the engineering ability to make that difference.
II. You can’t negotiate with exchanges
While the spread becomes smaller and smaller (compared to late 2017), the trading fee plays a significant role in the high-frequency arbitrage. PiHodl team has arbitraged for two years with huge funds (more than 1000 BTC), so it’s easier for us to negotiate with the stakeholders in each exchange. We have got the top market maker account in several exchanges.
Where can I purchase PiHodl?
Currently, you can purchase PiHodl on Pionex Exchange (It’s an exchange invested and incubated by BitUniverse)
We’re talking with more exchanges and platform for listing PiHodl. More details will be updated soon.
