Recently, the US dollar has been weak, and the international exchange rate has been fluctuating around 7.0. But what's interesting here is that the on-platform price of USDT is only 6.85, creating a price difference of 0.15, which is roughly 2%.
This phenomenon actually reflects subtle changes in the market. Remember the last bull market? At that time, as soon as traders received their salaries, they would pour USDT into the market, causing the U price to temporarily exceed the official exchange rate. But now it's different—more people are withdrawing funds, the demand for USDT has loosened, and the price has fallen below the exchange rate.
Have any traders actually gone through the USDT-RMB-USD triangular arbitrage process? The current price difference window is a good testing point. Has anyone tried it?
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MaticHoleFiller
· 9h ago
6.85 can get on the car, but how many people really dare to run the triangle set?
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EntryPositionAnalyst
· 9h ago
6.85 Bottoming USDT is indeed attractive, but the arbitrage fees make you dumbfounded once you calculate them.
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OnchainFortuneTeller
· 9h ago
Buy U at 6.85? Then you need to run, the window isn't big.
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SelfStaking
· 9h ago
The 6.85 chance to eat U is still there now, but whether the withdrawal process can go smoothly is what matters.
Recently, the US dollar has been weak, and the international exchange rate has been fluctuating around 7.0. But what's interesting here is that the on-platform price of USDT is only 6.85, creating a price difference of 0.15, which is roughly 2%.
This phenomenon actually reflects subtle changes in the market. Remember the last bull market? At that time, as soon as traders received their salaries, they would pour USDT into the market, causing the U price to temporarily exceed the official exchange rate. But now it's different—more people are withdrawing funds, the demand for USDT has loosened, and the price has fallen below the exchange rate.
Have any traders actually gone through the USDT-RMB-USD triangular arbitrage process? The current price difference window is a good testing point. Has anyone tried it?