March 28, 2024

Liquidity on crypto exchanges

What I can’t understand(.If you look at liquidity on crypto exchanges, primarily on crypto futuresexchanges, then it is elementary to see that sheconcentrates in large volumes on the best bidet-offer, and often both at the same time. What we are discussing with you on liquidity groups on the Moscow stock exchange, “what spread to make for market makers” on crypto exchanges is, in principle, not relevant. See the picture of the Huobi exchange, 1 contract is $ 100. What are the features? The first, less important, is distribution: there are many exchanges, geography is different. The second is more important - the structure of the commission. This is usually an expensive taker and rebate maker. At the current exchange rate, this is $ 3 rebate for a maker deal and $ 5.6 taker commission. Therefore, I don’t understand how participants can quote so narrowly and so much? Is it possible to recoup such risks with a rebate? Or, what I don’t believe, is it some kind of non-market conditions? Or is it arbitration, but where are the second legs? Indeed, in the event of a deal against you, it is difficult to close it. Can someone share an opinion on this issue?

Liquidity on crypto exchanges