7% Arbitrage Spread with $50k Limit
45sThis segment reveals a specific high-profit arbitrage opportunity with a clear limit, appealing to traders seeking quick gains.
▶ Play ClipAI Summary
This video provides a step-by-step guide to executing a cryptocurrency arbitrage between Binance and Upbit using Litecoin (LTC) and USDT, with a target spread of 7% and a maximum limit of $50,000. The process involves buying LTC on Binance, transferring to Upbit, selling for USDT, and transferring back to Binance, yielding a net profit of over $1,100 on a $15,000 transaction.
Chapters
[00:03]
Arbitrage Parameters
The arbitrage circle targets a 7% spread with a total limit of $50,000. The presenter advises not to exceed this cap.
[00:33]
Start on Binance
Go to the spot market on Binance and select the LTC/USDT trading pair.
[01:05]
Buy Litecoin
Place a market order to buy LTC with USDT for the example amount of $15,000. The order executes instantly.
[01:38]
Verify Spread
Before proceeding, ensure that Litecoin is trading higher on Upbit than on Binance to realize the spread.
[02:10]
Withdraw to Upbit
Copy the LTC deposit address from Upbit and initiate a withdrawal from Binance. Confirm the network and amount.
[03:09]
Sell on Upbit
After the LTC arrives (minus deposit fee), go to the exchange tab on Upbit and sell LTC for USDT.
[03:43]
Withdraw USDT Back
Withdraw USDT from Upbit via TRC20 network to the Binance deposit address. Copy the address from Binance wallet.
[04:38]
Profit Confirmation
The funds are credited to Binance with a net profit of $1,116.50 from the $15,000 initial trade.
This arbitrage strategy successfully generated over $1,100 profit on a $15,000 trade, demonstrating a viable cross-exchange arbitrage method with careful attention to fees and limits.
Mentioned in this Video
Tutorial Checklist
Study Flashcards (7)
What target spread does the arbitrage aim for?
easy
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What target spread does the arbitrage aim for?
easy
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7%.
00:03
What is the maximum trade limit for this arbitrage?
easy
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What is the maximum trade limit for this arbitrage?
easy
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$50,000.
00:03
Which two cryptocurrencies are used in this arbitrage?
easy
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Which two cryptocurrencies are used in this arbitrage?
easy
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Litecoin (LTC) and USDT.
00:48
What type of order is used to buy LTC on Binance?
easy
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What type of order is used to buy LTC on Binance?
easy
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Market order.
01:05
How long does the LTC transfer from Binance to Upbit take?
medium
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How long does the LTC transfer from Binance to Upbit take?
medium
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Approximately 7 minutes.
02:57
Which network is used to withdraw USDT from Upbit?
medium
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Which network is used to withdraw USDT from Upbit?
medium
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TRC20.
03:43
What is the net profit on the $15,000 example trade?
easy
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What is the net profit on the $15,000 example trade?
easy
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$1,116.50.
04:38
💡 Key Takeaways
📊
Arbitrage Parameters
Defines clear entry conditions (7% spread, $50k cap) essential for risk management.
00:03
🔧
Price Spread Check
Emphasizes verifying the price difference before proceeding, a key risk control step.
01:38
⚖️
Transfer Timing
Highlights the 7-minute wait, illustrating the time cost of arbitrage.
02:57
💡
Profit Realization
Demonstrates a concrete $1,116 profit, validating the strategy's effectiveness.
04:38Full Transcript
[00:03] conduct a step-by-step complete analysis of the Arbitration Circle with a spread of 7 percent, however, there are restrictions in the form of a total amount of no more than 50 thousand dollars. I do not recommend that you exceed the limits for this exchanger. And the sponsor of this
[00:18] arbitration link is our telegram channel. In it you can find useful information about arbitration, as well as different Links to suit your taste. Well, if you still have questions about the links, also contact the administrator and he will definitely
[00:33] help you. So, let's move on to the link, go to trading and to the spot market [music] search and select a trading pair
[00:48] [music] select Market or market order type and indicate the amount of usdt in our case, for clarity, 15 thousand dollars and buy the order was executed instantly
[01:05] executed instantly go to the wallet check the availability of coins and go to the
[01:24] if you have one, log in [music] go to the platform Before you begin, be sure to make sure that Litecoin is worth more
[01:38] sure to make sure that Litecoin is worth more than on Binance, our spread. Go to the home page and
[01:50] Go to the home page and click deposit, earlier and click get-address [music]
[02:10] copy the address and go to Binance [music] [music] select withdrawal
[02:29] paste the address, the network is selected, enter the quantity and click withdrawal, enter the quantity and click withdrawal, check everything again,
[02:57] the funds have left, go to the Upbit platform, to 7 minutes, you don’t have to wait, but just return back, the funds are already
[03:09] displayed on our balance minus the deposit commission, go to the exchange tab, select that we give Litecoin and receive USDT,
[03:28] the exchange was successful, return to the main page, select USDT and click withdrawal [music]
[03:43] select the teaser TRC 20 and enter the quantity now We need an address for this, return to Binance Go to the wallet section Fiat ispot, select USDT
[03:55] wallet section Fiat ispot, select USDT network, select Similarly TRC 20, copy the address and return [music] insert and send [music] the
[04:14] let's return to binance and go to the transactions section
[04:38] [music] As you can see, the funds have been successfully credited to our balance and the net profit was $1,1165