Currently they do have risk. But the risk is lowered because they are able to instantly counter-act.
Arbing between exchanges in a way that enables instant counter-acting IS tying up capital in risky places and requires rebalancing if the capital buffers. Arbing between jedex and cauldron is much less risky and more capital-efficient even without on-chain atomicity.
Maybe I'm missing something. Lets say 1000 trades occur on cauldron in a span of two hours and only one in jedex. How a trader can perform trades on both sides and assumes majority will get executed? By definition some data is lost in jedex when the trade is executed and may cause some orders to not be filled. Isn't that right?
Yeah, you probably have a point. To reason this we'd need to know more about how exactly jesex works. My point was that arbing between exchanges is not risk-free.
What orders are not going to be filled? https://t.me/bchchannel/419048 Fully explains how all orders are tracked and filled in jedex, so what specifically do you think won’t be?
Обсуждают сегодня