5min chapter

Acquired cover image

FTX (with Sam Bankman-Fried & Mario Gabriele)

Acquired

CHAPTER

Is There an Arbitrage?

The spread between the exchanges was about five to ten %, was what you saw. So it was about a thousand times bigger than the bread to day. Not even gonesoteric coin based to bit stamp, was usually like one or two%. And that's not even lookinga bit finex, or anything based on tether or japan or crea, right? Which woud sometimes get the twenties per cents. To make two % on that, i think that's like 200 grand. That's an estimate for how much money maybe you could make per day doing arbitraghe and that's a lot of money to make each day,. Like a ser sathas like o l,

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