Hej! Hej!

Let's do the ETHBTC-THANG!

The ETHBTC-THANG!: logicalgraphs.blogspot.com/p/ethbtc-exper…

After plugging in the quotes of $ETH and $BTC from @osmosiszone into my SPREADSHEETSZORXEN! it sez:

*swap 0.0128 $BTC

Ooh! 0.0001 more $BTC than yesterday! SPICY! 🌶️

Let's do this! I do the ETHBTC-THANG!: withdrawing $BTC, bridging it to @osmosiszone to swap to $ETH (although I should have checked the @TeamKujira FIN boards, first), then bridging the $ETH back.

Am I done?

Yes, if I were just doing a swap, but there are other ETHBTC activities to check.

Let's talk about the KUJI/ATOM @TeamKujira FIN board for a hot minute

I've talked about it before: logicalgraphs.blogspot.com/2023/05/kujira…

But I want to hammer home its importance to you, my dear fren, as a trader.

Why? I just made 7% ROI, annualized to 1.4k% APR, on a $KUJI-arb on that board FIRST! Let's go over the particulars of this arb.

1. I borrowed 500 $KUJI
2. I sold it for $ATOM on KUJI/ATOM (limit order)
3. I bought the $KUJI back from that $ATOM on KUJI/ATOM (limit order)
4. I repaid the borrow.
5. I profited.

It's.
That.
Simple.

Let's do the ETHBTC-THANG!!

The ETHBTC-THANG!!: logicalgraphs.blogspot.com/p/ethbtc-exper…

I record the $ETH and $BTC price-quotes from @osmosiszone into my SPREADSHEETSZORXEN! which sez:

* swap 0.0127 $BTC

But we also have the $ETH and $BTC to incorporate from @arbitrum and @avax.

On y va! WHAT asset will I be buying?
The SPREADSHEETSZORXEN ratio favors buying $ETH

HOW MUCH $ETH will I be buying?
Trades indicate: $1,196.38-worth

WHERE will I buy $ETH?
The @TeamKujira FIN wETH/axlUSDC board has a downward trend that looks to give a better trade than @osmosiszone

Speaking of leveraged shorts.

I close my $ETH 3.2xSHORT on @arbitrum @GMX_IO

2023-03-15 entry: 1,222 $USDC, $1,803-per
2023-06-15 exit: 1,312 $USDC, $1,632-per

ROI: 7%, annualized to 29% APR I also shore-up my $BTC 5xLONG position as it's in immediate danger of liquidation, adding 0.01 $BTC to my 0.03 $BTC 5xLONG.

I took out a long on $BTC and it goes down. Go figure. 🙄

I recently (2023-06-10) took out a leveraged short against 0.05 $wETH on @TeamKujira blockchain.

HOWTO: leverage short on @TeamKujira, even though they don't provide that for you on FIN, ... yet: logicalgraphs.blogspot.com/2023/05/howto-…

2023-06-10 entry: 0.05 $wETH 1.6xSHORT, $1,803.87-per You see that my SPREADSHEETSZORXEN! sez to close the short at $1,639-per (PT).

You also see that @osmosiszone quotes $wETH at $1,632-per.

Yeup. Time to close this short.

But here's the thing ...

I finna have time to run my monthly report on PnL ('profits and losses') on @TeamKujira FIN and ORCA boards, ... NOT! 😅 PnL

@TeamKujira FIN order books: 2023-05-31

Profit: $471.374
Loss: $313.897
subtotal: $157.478
fees: $0.012
commission: $3.185
total costs: $3.197

Total profit (or loss): $154.280 on 64 trades
average: $2.411 per trade

6 liquidations at a 17.86% premium (avg)

Assets in play

Let's do the ETHBTC-thang!

the ETHBTC-thang: logicalgraphs.blogspot.com/p/ethbtc-exper…

Yes, I know it's early today for this, but I had a managers' meeting at work, so, ... why not?

I plug in the $ETH and $BTC into my SPREADSHEETSZORXEN! which tells me:

*swap 0.0127 $BTC

So, let's do that! I do the things to swap $BTC to $ETH on @osmosiszone (the best place for me to swap, at present).

Note that I'm swapping the SAME amount of $wBTC, but I'm getting a wee bit MORE of $wETH back in the swap today as compared to yesterday.

That is the power of the ETHBTC-ratio.

2 filled buy-orders on the axlUSDC/USK @TeamKujira FIN board, related to 2 arbs:

*one for ~100 $USK on a 44 $ATOM 無 arb-in-progress; I continue the 無 $ATOM arb
*one for 1000 $axlUSDC on a $wBTC 無 arb that completed: I pay off the borrowed $axlUSDC with ~11 $axlUSDC remaining. I sell the 11 $axlUSDC for $USK to buy ... $wETH? For real? That doesn't make sense, right? I just 無-arb'd $wBTC, so why am I buying $wETH with the gains.

It's because the ETHBTC-ratio favors buying $ETH now. So: ... yeah.

HOWTO and WHATIZ 無-arb: logicalgraphs.blogspot.com/2023/05/howto-…

Let's turn our attention to @avax blockchain.

I hapfen planzzz. MWA-HAHAHA!

First up, @GMX_IO has yields to compound, so let's do that. I split the $AVAX-yields three ways.

First I swap 1/3 of the $AVAX to $GMX on @KyberNetwork, then stake that on @GMX_IO

On @FantomFDN @UniDexFinance my leveraged $FTM short hit.

2023-04-25 entry: 400 $USDC, $0.37-per
2023-05-21 exit: 451.99 $USDC, $0.3612-per

ROI: 13%, annualized to 180% APR

I'm not going to put in another short at this price-point, as this one just cleared took a month. I do note, however, that I don't have a leveraged $FTM long position at this price-point, so I make an entry now.

2023-05-21 entry: 1,200 $FTM at $0.3615, 5xLONG

Okay, some activity on my ...

... eheh: 'my'

... FIN boards on @TeamKujira.

But before we dive into arb'n away to my heart's content, let's take a mo' to catalogue my @TeamKujira portfolio positions.

This, we call my daily report. 😎 The first thing I encounter when I take stock is that @TeamKujira dev team has changed the wallet data-layout on BLUE, causing my ./wallet-parser to puke, ...

./wallet: github.com/logicalgraphs/…

So, time to roll up my sleeves and to modify some code.

#ProgrammersWorkIsNeverDone

Boom! My $LINK short popped on @FantomFDN @UniDexFinance, like I said it would.

2023-04-28 entry: $7-per, 400 $USDC
2023-05-01 exist: $6.84-per, 448 $USDC

ROI: 12%, annualized to 894% APR I swap the $USDC-gains to $LINK on @beethoven_x, then loop the $LINK on @GeistFinance.

The $LINK position on @GeistFinance is leveraged to 1.9x.

The $FTM short I placed earlier today. It popped.

So that was a good call.

2023-04-30 entry: $7.19-per, 400 $USDC
2023-04-30 exit: $6.9-per, 455 $USDC

ROI: 13%, annualized to 8k% APR Now, I already have an existing $LINK short at this price-point, but I don't have a long, so I place that order.

2023-04-30 entry: $7-per, 400 $USDC

Then I transfer the gains to my main wallet.

MWA-HAHAHA!

These two sell limit orders do two things:

1. Close he 50 $LUNA-borrow on Ghost
2. Give me a bunch of really, really cheap $LUNA, which I stake with @TheLionDAO to qualify for their airdrop.

Today (like every day) is filled with WIN! 😎🎉 On closing the Ghost 50 $LUNA borrow, I do just that, paying 0.003 $LUNA in interest, which I'm happy to do.

Why? Because I made 5.6 $LUNA profit

ROI: 11, annualized to 5k% APY

I deposit the gains into Ghost lend, growing my $LUNA-bag by leaps and bounds, as it turns out today

Good morning, fam!

My $LINK long position popped on @FantomFDN @UniDexFinance so I close it to capture the gains:

2023-04-28 entry: $7.03-per, 400 $USDC
2023-04-30 exit: $7.21-per, 446.19 $USDC

ROI: 11.55%, annualized to 2k% APR I immediately reopen the $LINK long, because:

"What goes up, just keeps going up."

2023-04-30 entry: $LINK 5xLONG, $7.21-per, 400 $USDC

fees: 0.2 $USDC (eheh, or: 'nothing' to Mainnet and L2s)

Okay, what's The Problem™️ with my @TeamKujira Ghost-borrow-arbs up to this point?

They're basically shorts, right? You borrow, then straightaway, sell them to arb.

What happens if the markets sky during your arb?

You're eff'd.

I don't like being eff'd, personally. 🥺🙄 ... "They're basically shorts."

Hold that thought.

Pigeonhole it, but hold that thought for now.

(Yes, another ANOTHER HOWTO is forthcoming)
(Yes, my mind never stops. Yours?)

Let's arb borrowed $KUJI with Ghost.

1. I borrow 100 $KUJI against $axlUSDC supply
2. I swap 100 $KUJI -> $axlUSDC on FIN
3. I swap $axlUSDC -> $USK
4. I swap $USK -> 101 $KUJI

It's a meh-arb, but it was also a quick one. The next day ...

... hey, this is a perfect example, because it shows that arbs never hit right away, nor when you want them to. To be an arbiteur is to be smarter than the markets, and even more patient.

/descends from soapbox.

Let's look at a 3rd way to arb with Ghost on @TeamKujira.

First, we borrow an asset (which asset?)
Then, we lend that borrowed asset to get x-asset.
Finally, we bid on a liquidation with that x-asset.

That's the plan.

How do we do this?

First, let's examine the marketplace. You see from the ORCA marketplace (OT) that there are 4 markets with volume, but three of them are overbid, particularly $xKUJI, so, let's stay away from that one.

🎵 Runes to the left o' me
🎶 Runes to the right,
Here I am 🥁
Stuck @DefiKingdoms questing with you! 🎺🎷

Okay, let's do this:

DFK Self-funding experiment-experience.

1/ 🧵 FIRST, let's check up on my DFKGOLD-JEWEL LP experiment.

It's up, but is that because of both sides of the LP are up, or because of trading fees? The LP tokens-size hasn't changed, so I can't tell yet.

2/ 🧵

"What is the @DefiKingdoms LP that yields the most $JEWEL per USD?"

[JEWEL]-[WONE] is the top $JEWEL-yielding LP for 2022-04-03

data scraped from: vfat.tools

yield analyzer source code at github.com/logicalgraphs/… Wait for it ...

... 😎

Okay, folks:

CRYSTALVALE

They've released their 4th farm, so: time to get serious and establish a self-funding project.

n.b. $CRYSTAL is ~$38 and I'm taking a loan.

This risk is stupidly high. Stupidly.
So you can watch el geophf die.

A little poesy to start us off.

1/ 🧵 First things first. We MEASURE where we're at. For me, that's establishing CrystalVale as a position in my portfolio.

translation: SPREADSHEETS?!?!

mais bien sûr! (that is French)

2/ 🧵