Explain this image motherfuckers. The arbitrage opportunities

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>>2171107
Make a basic research before asking newfag questions. Saged.

>>2171381
I have.

I know exactly why USDT dipped. That makes sense. Why the hell would it go above $1?

I'm baffled. The arbitrage opportunity on USDT is gone. Now there's a different arbitrage opportunity but it doesn't really make sense.

Why is 1 USDT so expensive now?

Bump.

Will someone please explain why the market hasn't corrected this arbitrage yet?

I've been selling on Gdax and repeating all day to take advantage of this easy 4% boost.

>>2171107
Wait a minute... so I'm 4 percent richer than I think I am?

>>2171713
If you're thinking in USDT, sure.
I've transferred my money to Gdax from Poloniex now to sell in USD, then I can buy back in and transfer back. If there's no correction, and there probably won't be, then transfering to Gdax was stupid and useless. But if there is even a slight correction then I'll have made a little money.

Anyone?

>>2171809
that's after fees? because going back and forward is really hard in yout anus. I suggets some lube for those hard veiny fees.

>>2172594
I know, that's why i never normally try to arbitrage the market. But this time, yeah, after fees it's still good and I just moved a few thousand and did it.

It's about 4% arbitrage. Let's take away 1% conservatively (it's actually much less since I'm using limit orders which are 0% fees on Gdax and .15% on Poloniex) for all commission fees here and about a flat $3.50 total for transfer fees. (About $1.50 each way in ETH, and assuming you've got to go from Polo to Gdax and then back to Polo).

It's not true arbitrage since there's market risk that the price of ETH will crash when I'm making the transfer, but by timing it right (i.e. buying on a dip and selling when it goes back up after the transfer) I did it.

So it's about 3% arbitrage. But on my $3000, that's an easy $86.5 or so dollars for not doing much at all. I'm assuming, of course, that the price of USDT won't just keep on rising and rising relative to USDT, cause that really wouldn't make much sense at all.

Why the hell is USDT above USD though? Usually the markets are much faster at evening this out.

Bump.

If you guys correct the arbitrage (by arbitraging), I still make money.