| Title |
Arbitražo galimybių vertinimas kriptovaliutų rinkoje taikant grafų teoriją / |
| Translation of Title |
Evaluation of arbitration possibilities in cryptocurrency market using graph theory. |
| Authors |
Drazdovaitė, Dovilė |
| Full Text |
|
| Pages |
54 |
| Keywords [eng] |
arbitrage ; cryptocurrency ; graph theory |
| Abstract [eng] |
The cryptocurrency market is very wide and volatile, which creates favorable opportunities for arbitrage. The data set for the 5 exchanges in the USA and UK markets presented in the research starts in the beginning of 2019 and ends in November 2020 to find out whether the market situation changed during the COVID-19 pandemic. Indicators of centrality are used to describe the exchanges, and the optimization task is described to determine their potential. The highest arbitrage averages were obtained at Cexio and Bitstamp exchanges. According to indicators, the currency is most suitable for the sell in Gemini exchange and for the buying in Cexio. This exchange is also the best opportunity for arbitration. The Cexio exchange is also the most favorable for the currency acquisition, it also shows good sales profitability results. The COVID-19 pandemic did not affect the possibility of arbitrage, but the resulting arbitrage was higher than usual. The most potential pair of exchanges for the largest arbitrage formation are Bittrex and Bitstamp. |
| Dissertation Institution |
Kauno technologijos universitetas. |
| Type |
Master thesis |
| Language |
Lithuanian |
| Publication date |
2021 |
