Price (BTS/bitUSD) Amount (bitUSD) Amount (BTS) Collateral (BTS) Interest rate (%)
204.918 653.169 100,000.00 200,000.000 0.000
209.336 1,306.339 200,000.00 400,000.000 0.000
I was seeing small amounts with 20k collateral and then I suddenly see those. Never traded but might actually try to short a bit of bitusd to see how things work.
So what happens if someone shorts at Bid price? for example, at the moment I see
BIDS (Buy bitUSD) Amount(bitUSD) Amount(BTS) Price(BTS/bitUSD)
55.552 10,000.00 180.010
1,000.000 180,000.00 180.000
so 180bts per bitusd which is around 0,0055(5) per bts. That is currently cheaper than what we see on Polo for example at 0.006686. So, what happens if someone shorted at that price and the order got instantaneously filled? Would they get cheaper bts? Then they could just arbitrage with the exchanges, rinse and repeat. But that seems just too easy so I'm sure I'm missing something loll. Could someone educate me here? I'm a complete noob at this. Maybe that doesn't work because the peg isn't right and bitUSD is at $1,40?