Introducing SteemPrices.com --
No More Tab Switching, All Prices on One Site
Background
Hi @jasonmcz here! I previously wrote a blog about the Mayhem of Steemit Market Making (link) of how Whales are dominating the market making business and pocketing those fat checks from the system, and it caught viral. For those of who still don't know me, I am the co-founder of the upcoming eSportsDAPP - Firstblood.io
After doing some more coding on the trading bot with my co-worker @zackcoburn , we've decided to make a site to benefit the community, especially the ones who are looking to do Cross-exchange Arbitrage or Tri-angular Arbitrage. If you aren't familiar with the term arbitrage, don't be scared.
It literally just means..
BUY LOW, SELL HIGHT!
What can we do with it?
The goal of this web app is really just to make it easier for the community to check on our beloved currency price: STEEM and STEEM Dollar against other cryptocurrency and against fiat.
Currently it gets data from Poloniex, Bittrex, and our internal market on all pair available and then normalized back to the USD $ denominated term on the top section.
Data on the site
Currently we have the following pairs on the site from the above exchange APIs:
- BTC-USD
- USD-STEEM
- BTC-SBD
- BTC-STEEM
- ETH-STEEM
- USD-SBD
In addition, we are providing the same pair cross-exchange arbitrage opportunities:
Followed by the following formula:
Note: Fees are not deducted from the arbitrage pricing data, we will release that in our next version
$scope.getArbi = function(num1,num2,num3) {
var highest = Math.max.apply(null, [num1,num2,num3]);
var lowest = Math.min.apply(null, [num1,num2,num3]);
var arbi = Number(highest) - Number(lowest);
return arbi
};* Note: Max Arbitrage = Max price - Min price
Plans for the future [edit 07/19 10:13pm est]
1. We are planning on adding more data insight to this site such as historical & implied volatility, prices from more data source, daily volume, avg. daily volume, weighted market cap and etc..
2. Make it more MOBILE FRIENDLY, we want this web app to be THE app for our community to check prices at
3. Maybe we can do more interesting stuff with it! Shoot me a message on the slack @JasonMcz
4. @pinartemiz brought up more currency support! We will add other currency as well (it will be normalized using spot FX rate)
5. @steemgrindr brought up about chart! We will see if we could aggregate multiple exchanges historical data into one chart in next version.
That's it for now! Enjoy using it!
Upvote will be much appreciated!
