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.
I have placed SteemPrices on SteemTools ... so we keep a handy overview of apps & tools & services for the community.
SteemTools - indexing all tools & services for Steemit users
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Well done and thank you for sharing your ideas and work with us all. I look forward to reading more about your futur endeavours and you sure got my upvote on this one. Namaste :)
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@eric-boucher! Thank you for the support! :D
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Brilliant idea and your pussy is adorable!
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Thank you! :D
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Great addition to the Steem weaponary..thanks!
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weaponary gets larger and larger every day.
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Very slick! Any plans to add charts?
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@steemgrindr, we are going to add it to next version! Great suggestion!
love your name btw!
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Really nicely done! <3
How long did it take to code?
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Thank you!
Just under few hours! But the data piping can used for other projects!
:D
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Nice! Really liking your plans for the future. Especially going mobile & adding historical & implied volatility/daily volume
Tweeting your site out <3 good luck!
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Thank you! We are trying our best! @zackcoburn did all the leg work piping the data!
Stay tuned! We will release something perhaps this weekend to add those features!
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Awesome! Thanks for taking the time to make this! One extra request if I may, would it be possible to add selection for GBP & EUR etc instead of USD only?
edit:or other currencies as well ?
edit 2: but I'm being greedy now I know, should just say thank you and move on haha =D
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@pinartemiz Thank you for the support and good comment! We will add GBP and EUR to it using a spot FX rate.
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Good luck on your venture
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YOU sir, are a GOD send!!! This is exactly what I was looking for!! Thank you so much!! Really!! Cheers!
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Bahahaha, not sure if I am a GOD send, but thank you very much for the kind words!
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:)
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Hi there, your tool seems great in theory, but as far as I can see, I'm getting around 4.30 usd a steem on the internal with current sbd prices. Where are you getting those low internal prices from?
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Hi @syadastinasti , we are fetching it using @xeroc 's python lib from https://steemit.com/market
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nevermind! I misunderstood your use of 'USD'. It's clear now. Though I still don't understand why you bother to put the btc price for the internal.
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And your site claims there is 672.73 price for btc on the internal, not sure how that's possible if there is no such pair on the internal, only SBD/STEEM.
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Steemit is getting stronger every day!
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Thanks for creating a great component for the steemit ecosystem.
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Wow, that is some arbitrage opportunity! I guess that won't hold for long. Any idea why there is such a difference in price?Is it so hard to get steem from this platform to bittrex/polo?
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nice
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really awesome !!
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good job @jasonmcz and love your cat! 8]
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Great post ◕ ‿ ◕ @jasonmcz
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This is great! Thank you!
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This is really nice work, although you're missing the Bitshares exchange OpenLedger. Would love to see you add that.
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kitten = you have my upvote :)
nice info!
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Awesome idea! I was just hit by a car, no joke! https://steemit.com/cars/@madhatting/i-got-hit-by-a-car#comments
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Hell yea!!
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Thanks great site but really upvote for cats :p
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Well done!!!! excellent job :=)
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That is a very cool thing to have handy. Thanks for sharing it with us.
Keep on STEEMIN! :)
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Where are you fetching prices from?
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It is a very valuable tool, thank you for share it
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Clean, easy. Well done!
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I appreciate your work, thanks
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