Key Roles of Crypto-Exchanges in Generating Arbitrage Opportunities

Authors

Audrius Kabašinskas, Kristina Šutienė

Year

2021

Venue

Entropy (MDPI), 23(4)

Category

Foundations & Infrastructure

Cite status

Suspect

Domains

routingarbitrage/negative cycles

Notes

Cross-venue arbitrage ratio `AR_ij = (P_i−P_j)/P_j > cost`; ranks exchanges by role in generating/closing arbitrage

Relevance to ƒxyz

Grounds the **cross-venue spread** engine (`p2p-arbitrage.ts`, MAX-sell − MIN-buy − fees) — a different problem shape from the Bellman-Ford router