This is a mirror of the original BitMEX trollbox archive that used to be online here.
BitMEX disabled their archive after the DDOS attack so I have decided to make my mirror publicly available.

Well now, a few days after I made this mirror available to the public, the original archive from BitMEX is online again.
But since it is still limited (neutered to the last few hundred messages) I will keep my FULL mirror alive.

You have access to more than 50 million trollbox posts. This is more than 7 gigabyte of data hosted on a $5 server so please be patient or consider a donation

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[2024-04-05 06:55:12] bluemaster : I ffeel I AM trading Forex here
[2024-04-05 06:55:47] BTCcheers : btc is axshully rare only 750k individuals have 1 or somethin like that
[2024-04-05 06:56:17] BTCcheers : we'll have the favour of the governments us individuals
[2024-04-05 06:56:50] BTCcheers : our taxes will pave towns
[2024-04-05 06:57:10] BTCcheers : free diva cupz
[2024-04-05 07:00:47] BTCcheers : https://en.wikipedia.org/wiki/Menstrual_cup Diva cup
[2024-04-05 07:01:19] BTCcheers : not off topik at alll ..
[2024-04-05 07:01:41] BTCcheers : my crypto taxes will cover them
[2024-04-05 07:02:02] BTCcheers : locally
[2024-04-05 07:02:27] BTCcheers : bluemaster: i forget forex
[2024-04-05 07:02:38] BTCcheers : its kinda shiftee is it not?
[2024-04-05 07:02:51] BTCcheers : not like crypto..lol
[2024-04-05 07:03:45] BTCcheers : foreign currencies not stable pairs if u ask me..maybe good trade vehikles but longterm i duhnnoo wutz up
[2024-04-05 07:04:02] BTCcheers : putin schitts on sumeone pffft yen gets strong
[2024-04-05 07:04:06] BTCcheers : yon
[2024-04-05 07:04:13] BTCcheers : whutevah
[2024-04-05 07:04:29] BTCcheers : yon n yen im out
[2024-04-05 07:04:44] BTCcheers : fx slaughterhouse
[2024-04-05 07:05:00] Colorful-Bnkrupt-Sis : stop talking
[2024-04-05 07:05:06] Colorful-Bnkrupt-Sis : :pepe::pepe::pepe:
[2024-04-05 07:05:06] BTCcheers : foreign currencies are infinite i imagin
[2024-04-05 07:05:14] BTCcheers : Colorful-Bnkrupt-Sis: k
[2024-04-05 07:05:26] BTCcheers : nbd
[2024-04-05 07:06:00] Colorful-Bnkrupt-Sis : :pepe::pepe::pepe:
[2024-04-05 07:06:34] PeacenLuv : 2hr bull btc https://www.tradingview.com/x/qZNqvPx2/
[2024-04-05 07:19:39] bmagic : gg
[2024-04-05 07:20:08] XBT Wizard : Placements open for ~5 minutes. Commands: /btc up, /btc down. Cost: 1 BMEX
[2024-04-05 07:21:16] liquidator : Woke up from me nappp
[2024-04-05 07:21:25] liquidator : Time to hit the green button
[2024-04-05 07:21:31] liquidator : Then go hit the clubs
[2024-04-05 07:22:35] YevKam : 56
[2024-04-05 07:25:07] XBT Wizard : No one joined the game :(. Game will restart in an hour
[2024-04-05 07:33:31] RonnieREKT : 🔥 Liquidated long on `ENAUSDT`: Sell 40 ENA @ 0.8795 ($35.11)
[2024-04-05 07:51:31] Hedgehog96000 : :pepe::pepe::pepe:
[2024-04-05 07:52:06] Colorful-Bnkrupt-Sis : :pepe::pepe::pepe:
[2024-04-05 07:53:04] Hedgehog96000 : Colorful-Bnkrupt-Sis: Hi 😃
[2024-04-05 07:58:02] WhiteFlower : When moon?
[2024-04-05 07:58:42] XRP Wale X : WhiteFlower: when moon ? :doge:
[2024-04-05 07:58:49] bmagic : no moon
[2024-04-05 07:58:52] bmagic : death to infidels
[2024-04-05 07:59:02] Colorful-Bnkrupt-Sis : :pepe::pepe::pepe:
[2024-04-05 07:59:06] XRP Wale X : bmagic: 😹
[2024-04-05 08:04:36] BitMEX_Hans : :pepe:
[2024-04-05 08:04:40] BitMEX_Hans : :me:
[2024-04-05 08:05:11] BitMEX_Hans : can we get some green candles today frens
[2024-04-05 08:05:13] BitMEX_Hans : <img src="https://thecryptobasic.com/wp-content/uploads/2023/06/WOJAK-Investors-Swarm.png" />
[2024-04-05 08:07:25] Eluus : BitMEX_Hans: You're asking the wrong people
[2024-04-05 08:07:37] Eluus : Spot is in charge
[2024-04-05 08:08:39] Eluus : Besides, Bitmex will probably not be leading the market like it did before, with these high fees
[2024-04-05 08:09:59] Colorful-Bnkrupt-Sis : nahhh derivatives lead spot FOR SURE
[2024-04-05 08:10:15] Eluus : lol ok
[2024-04-05 08:10:17] Colorful-Bnkrupt-Sis : you dont do price discovery with a 120 bp fee
[2024-04-05 08:12:38] Gandalf the Grey : wallah today big movementu coming
[2024-04-05 08:16:49] Colorful-Bnkrupt-Sis : buy vol
[2024-04-05 08:18:30] BitMEX_Hans : Eluus: what fees would be reasonable in your eyes?
[2024-04-05 08:18:54] Colorful-Bnkrupt-Sis : 7.5 bps, like bitmex charges
[2024-04-05 08:19:08] BitMEX_Hans : :catjam:
[2024-04-05 08:19:11] Eluus : BitMEX_Hans: like how it were before, zero maker fees
[2024-04-05 08:19:12] Colorful-Bnkrupt-Sis : of course 3 bos (like bitmex with 50k BMEX staked) is even betta
[2024-04-05 08:19:28] Colorful-Bnkrupt-Sis : for maker 0 is barely acceptable, I prefer negative
[2024-04-05 08:19:36] Eluus : or negative yeah
[2024-04-05 08:19:52] Eluus : so that we have a lot more liquidity
[2024-04-05 08:19:56] Colorful-Bnkrupt-Sis : all USDT pairs are -1.5 bps on maker, that is what I like
[2024-04-05 08:19:59] BitMEX_Hans : Eluus: I see you're here for quite some time.. yeah 2.5bp maker rebate was a good time.
[2024-04-05 08:20:05] Eluus : -0.025 0.075
[2024-04-05 08:20:11] BitMEX_Hans : Eluus: type /since haha
[2024-04-05 08:20:14] Eluus : /since ``` :bitmex: Eluus has been on BitMEX since Aug 2, 2016. ```
[2024-04-05 08:20:18] BitMEX_Hans : real OG
[2024-04-05 08:20:24] Colorful-Bnkrupt-Sis : I prefer 3 bps taker, -1.5 maker to 7.5 bps taker, -2.5 maker
[2024-04-05 08:20:48] Colorful-Bnkrupt-Sis : because I do do some of both
[2024-04-05 08:20:56] Eluus : BitMEX_Hans: also it's virtually impossible to get any discount on fees without buying memecoin
[2024-04-05 08:21:16] Eluus : on any other exchange I'd be getting a lot less fees already
[2024-04-05 08:21:26] Eluus : /position xbtusd ``` :bitmex: XBTUSD: 1,200,000 USD @ 54623 ```
[2024-04-05 08:21:26] Colorful-Bnkrupt-Sis : which exchange specifically
[2024-04-05 08:21:31] BitMEX_Hans : do you have some specific requirements to get it?
[2024-04-05 08:21:33] Eluus : like mexc
[2024-04-05 08:21:36] Colorful-Bnkrupt-Sis : lol
[2024-04-05 08:21:45] Colorful-Bnkrupt-Sis : taking your life in your hands trading there
[2024-04-05 08:22:02] Eluus : Afaik mexc is also pretty safe
[2024-04-05 08:22:07] Colorful-Bnkrupt-Sis : lol
[2024-04-05 08:22:16] RonnieREKT : 🔥 Liquidated short on `XBTUSDT`: Buy 0.0500 XBT @ 67498.2 ($3,374.89)
[2024-04-05 08:22:19] Colorful-Bnkrupt-Sis : do they have an insurance fund API endpoint?
[2024-04-05 08:22:20] Eluus : I like bitmex more obviously but the fees don't make sense
[2024-04-05 08:22:24] Colorful-Bnkrupt-Sis : and PORL?
[2024-04-05 08:22:37] Eluus : they have proof of reserves
[2024-04-05 08:22:45] Colorful-Bnkrupt-Sis : link or it didn't happen
[2024-04-05 08:22:56] Eluus : and insurance fund too
[2024-04-05 08:23:02] Colorful-Bnkrupt-Sis : ditto
[2024-04-05 08:23:25] Eluus : https://www.mexc.com/ru-RU/support/sections/15425930840751
[2024-04-05 08:23:37] Eluus : https://www.mexc.com/ru-RU/learn/article/17827791511087
[2024-04-05 08:24:12] Colorful-Bnkrupt-Sis : Lol that just looks shady
[2024-04-05 08:24:32] Eluus : just change the language to english if you don't know russian :p
[2024-04-05 08:24:48] Colorful-Bnkrupt-Sis : ne ochin harasho
[2024-04-05 08:25:37] Eluus : понятно =]
[2024-04-05 08:25:57] XRP Wale X : Finally se squirts ::
[2024-04-05 08:26:05] XRP Wale X : :Bitcoin:
[2024-04-05 08:26:20] BitMEX_Hans : :pepe:
[2024-04-05 08:26:30] Colorful-Bnkrupt-Sis : :pepe::pepe::pepe:
[2024-04-05 08:26:30] BitMEX_Hans : :arthur:
[2024-04-05 08:26:49] strangerme : BitMEX_Hans: nice
[2024-04-05 08:26:55] XRP Wale X : BitMEX_Hans: hello :doge:
[2024-04-05 08:29:53] BitMEX_Hans : can europe and murica pump it back up? Why are asians selling nowadays
[2024-04-05 08:30:01] BitMEX_Hans : :pepe:
[2024-04-05 08:30:08] XBT Wizard : Placements open for ~5 minutes. Commands: /btc up, /btc down. Cost: 1 BMEX
[2024-04-05 08:30:48] Eluus : BitMEX_Hans: there are a few big sellers on spot. ETFs are buying and spot is selling
[2024-04-05 08:30:56] XRP Wale X : BitMEX_Hans: did u see the news
[2024-04-05 08:31:37] XRP Wale X : https://x.com/xrp_x_/status/1776067873414541820?s=46&t=jfjzMbzSTEvjmwZqLsVFs
[2024-04-05 08:31:43] XRP Wale X : :doge:
[2024-04-05 08:32:00] XRP Wale X : insiders are dumping on you 👀
[2024-04-05 08:32:10] BitMEX_Hans : don't have apple stocks sir
[2024-04-05 08:32:30] BitMEX_Hans : And I don't trust twitter accounts with XRP in it's name. Must be a memeaccount
[2024-04-05 08:32:47] XRP Wale X : BitMEX_Hans: lol if Apple crash the hole market will crash 🤣😹🍿
[2024-04-05 08:33:12] Eluus : 😆😆 @BitMEX_Hans
[2024-04-05 08:33:32] Eluus : Seriously, XRP? In year 2024? Oahhahahah insane!
[2024-04-05 08:33:35] BitMEX_Hans : Eluus: Yeah I also looked up the CVDs. Seems like Binance are the only ones really buying on spot. Coinbase is quite flat for now
[2024-04-05 08:34:06] Eluus : Coinbase had a premium all the week until today though
[2024-04-05 08:34:32] Eluus : So it's either Americans buying on spot or the ETFs buyign
[2024-04-05 08:35:07] XBT Wizard : No one joined the game :(. Game will restart in an hour
[2024-04-05 08:37:31] RonnieREKT : 🔥 Liquidated long on `SOLUSDT`: Sell 15 SOL @ 174.86 ($2,622.89) - Thanks for playing
[2024-04-05 08:37:52] XRP Wale X : 😹😹🍿
[2024-04-05 08:46:21] Eluus : The problem with the high fees is that there is no liquidity therefore the slippage is insane. For me to market close my 1,200,000 long, I'd have to pay like 0.1% for slippage plus 0.075% for fees
[2024-04-05 08:46:39] Eluus : So I open/close position much less than I would
[2024-04-05 08:47:08] Eluus : Many other big accounts like me don't trade here in the first place because of this
[2024-04-05 08:47:40] Eluus : So when you have -0.025% maker fee, the big positions can open/close a lot more frequently
[2024-04-05 08:47:57] Eluus : Volume attracts more accounts = you make more money from the fees in the end
[2024-04-05 08:48:47] RobVacation : TRADING HERE ONLY btc/perp
[2024-04-05 08:49:00] RobVacation : rest to much fees
[2024-04-05 08:49:04] BitMEX_Hans : Eluus: I get your point and I am sure that market makers would love to see 0.025% maker rebate. But that also means at the same time that we can't offer low taker fees.
[2024-04-05 08:49:31] Eluus : BitMEX_Hans: Then how did you do it before? Back in 2017 for example
[2024-04-05 08:49:45] Eluus : Is there a regulation preventing you from doing that?
[2024-04-05 08:50:08] RobVacation : or futures of course.
[2024-04-05 08:50:10] Eluus : Besides, your taker fee isn't low at the moment either
[2024-04-05 08:50:30] RobVacation : btc
[2024-04-05 08:50:46] RonnieREKT : 🔥 Liquidated long on `SOLUSD`: Sell 60 Cont @ 172.1 ($693.59)
[2024-04-05 08:51:04] BitMEX_Hans : Eluus: Back then, we only had -0.025/0.075 as trading fees. With the current structure you can get to taker fees as low as 0.0175%.
[2024-04-05 08:51:05] RobVacation : yeah come back to negative maker fee pls.
[2024-04-05 08:51:29] BitMEX_Hans : RobVacation: we still offer -0.015% on USDT margined contracts
[2024-04-05 08:51:47] RobVacation : usdt pls @BitMEX_Hans
[2024-04-05 08:51:59] RobVacation : i dont trust usdt
[2024-04-05 08:52:04] BitMEX_Hans : :pepe:
[2024-04-05 08:52:20] Eluus : BitMEX_Hans: well you have a fraction of the relative volume nowadays. Seems like the current fee schedule isn't good
[2024-04-05 08:52:41] Eluus : fraction of the volume that you had back in 2017
[2024-04-05 08:53:08] Eluus : And I am sure, if you'd went back to the old fee schedule, SO MANY accounts would get back very fast
[2024-04-05 08:53:17] RobVacation : in 2017 was no binance derivatives.imright.?
[2024-04-05 08:53:48] RobVacation : more competition after 2017
[2024-04-05 08:53:49] BitMEX_Hans : Eluus: but who would pay 0.075% as a taker when there are venues where you pay only a fraction of it.
[2024-04-05 08:54:03] XRP Wale X : RobVacation: hello :doge:
[2024-04-05 08:54:15] RobVacation : :dege:
[2024-04-05 08:54:26] RobVacation : :doge:
[2024-04-05 08:54:28] BitMEX_Hans : RobVacation: yeah other exchanges started offering perps and futures starting in 2019/2020 I think
[2024-04-05 08:54:29] RobVacation : bad dog
[2024-04-05 08:54:47] RobVacation : BitMEX_Hans: yeah
[2024-04-05 08:54:57] Eluus : BitMEX_Hans: right now I'm paying 0.075% plus for insane slippage
[2024-04-05 08:55:13] BitMEX_Hans : Eluus: I forwarded your feedback internally
[2024-04-05 08:55:41] Eluus : Bitmex had the big majority of the perp volume until USA started messing up with :arthur:
[2024-04-05 08:55:57] BitMEX_Hans : Eluus: :kek:
[2024-04-05 08:56:20] Eluus : People got scared and most moved to other perp exchanges
[2024-04-05 08:56:32] Eluus : and after Bitmex increased fees they didn't come back
[2024-04-05 08:57:21] RobVacation : yeah negative maker fee would be nice.
[2024-04-05 08:57:31] Eluus : Maybe the whole point of the old fees are so that Arthur could hunt stops?
[2024-04-05 08:57:44] Eluus : was it not profitable for Bitmex otherwise?
[2024-04-05 08:58:08] Eluus : Btw. I also profited a lot thanks for his stop hunting, it was very obvious so I copied it
[2024-04-05 08:58:34] bluemaster : Eluus: I agree with you mate , no point to add to your comment , if they continue like this does not look good , they putting lipstick on a pig with Guilds and that stupid Bmex game ....
[2024-04-05 08:59:23] Eluus : bluemaster: haha yeah definitely, Guilds is such a gimmick to make people gamble more and Bmex game is spam
[2024-04-05 09:00:08] Eluus : Bmex itself is also a ridiculous shitcoin
[2024-04-05 09:00:35] Eluus : I really miss the old Bitmex that was Bitcoin-only
[2024-04-05 09:00:41] Eluus : it was so sleek and classy
[2024-04-05 09:01:53] Eluus : You deposited bitcoin and traded bitcoin only, after 1 confirmation
[2024-04-05 09:02:30] Eluus : Now it's just copying other shitcoin casinos to try to remain relevant
[2024-04-05 09:03:16] Eluus : The only thing that's going for Bitmex is this trollbox
[2024-04-05 09:03:17] doublecheese : Hello frens. 50keks not so far after all
[2024-04-05 09:03:27] Eluus : Hello cheese
[2024-04-05 09:03:54] doublecheese : I'm still long, tight stop, but I will be glad even if we dump, I would like to buy 53k
[2024-04-05 09:04:00] Eluus : high 50s maybe on the weekend, I'd put a buy order at 59k
[2024-04-05 09:04:17] Eluus : I don't think we would see low 50s
[2024-04-05 09:04:21] RonnieREKT : 🔥 Liquidated long on `SOLUSDT`: Sell 125 SOL @ 171.7 ($21,458.75) - McDonald's is hiring
[2024-04-05 09:05:16] bluemaster : Eluus:No one care here ,looks they prefer here new kids with lunch money and cleaned quickly ,have you consider maybe they don;t want us here anymore mate ...
[2024-04-05 09:05:34] doublecheese : Eluus: in my opinion, if we break the trendline support of this possible pennant/triangle, we should dump a lot. It's the only support we have. We break it, we go 53k. That's just my opinion of course
[2024-04-05 09:06:03] doublecheese : 53k is the first support if this trendline gets broken
[2024-04-05 09:06:21] Eluus : bluemaster: could be but I think it's probably bad management due to the lack of :arthur:
[2024-04-05 09:07:34] doublecheese : Eluus: 56k is the 100 daily ema, if we want to be more optimistic
[2024-04-05 09:07:56] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 2500 USD @ 66856
[2024-04-05 09:08:02] doublecheese : I won't short ofc, but if my SL gets hit I won't long for some time
[2024-04-05 09:08:16] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 900 USD @ 66815 - #yolo is a valid strategy
[2024-04-05 09:08:35] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 500 USD @ 66758 - Game over
[2024-04-05 09:08:53] RobVacation : if deposits up to $100,000 were insured here it would be a game changer
[2024-04-05 09:09:23] RobVacation : so if exchange hacked u have money back in a few days.
[2024-04-05 09:10:08] bluemaster : Eluus: can you please point me where is URL link to Insurance Fund ,iid I did not have saved URL I can not find anywhere on the site .
[2024-04-05 09:10:52] Eluus : You mean insurance fund of mexc?
[2024-04-05 09:11:15] RobertCraven : https://www.bitmex.com/app/insuranceFund
[2024-04-05 09:11:30] bluemaster : Eluus: yes ( ((I know URL ) but can not see it on a website anywhere
[2024-04-05 09:11:50] bluemaster : where is button to go to insurance fund
[2024-04-05 09:11:52] Eluus : here everything is written
[2024-04-05 09:11:56] Eluus : https://www.mexc.com/ru-RU/learn/article/17827791511087
[2024-04-05 09:12:02] Eluus : in russian :p
[2024-04-05 09:13:26] Eluus : and here is the sizes of the fund for each product: https://futures.mexc.com/ru-RU/information/insure_list?symbol=BTC_USD&type=swap
[2024-04-05 09:13:39] Eluus : right now only 23 btc for inverse btcusd :p
[2024-04-05 09:14:23] bluemaster : Eluus: hmm
[2024-04-05 09:15:09] BitMEX_Hans : bluemaster: it's now in the dropdown "Information" and on the left your can find "Historical Data" which shows the insurance fund section
[2024-04-05 09:15:30] BitMEX_Hans : sorry, Information --> contracts guide
[2024-04-05 09:15:41] BitMEX_Hans : and then on the left insruance fund
[2024-04-05 09:16:52] bluemaster : BitMEX_Hans: mate that is most important information on this site can you make simple URL link !
[2024-04-05 09:17:02] bluemaster : on the front page
[2024-04-05 09:17:07] bluemaster : not 10 levels deep
[2024-04-05 09:17:27] BitMEX_Hans : bluemaster: yeah good point, let me share your feedback internally.
[2024-04-05 09:17:45] WhiteFlower : So weak
[2024-04-05 09:17:54] WhiteFlower : I mean BTC right now
[2024-04-05 09:17:56] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 6000 USD @ 66700.5
[2024-04-05 09:19:48] bluemaster : BitMEX_Hans: you have to understand it is n my Interest for Bitmex to succeed and become no1 again . I love BItmex
[2024-04-05 09:19:56] WhiteFlower : Finally after long time I have position on bitmex /position btc
[2024-04-05 09:20:12] doublecheese : Can actually go as low as 46k actually
[2024-04-05 09:20:19] BMEXcheers : time are long
[2024-04-05 09:20:20] BMEXcheers : heh
[2024-04-05 09:20:23] doublecheese : I will long 10x there
[2024-04-05 09:20:29] BMEXcheers : these faakin bitcoins
[2024-04-05 09:20:32] BMEXcheers : how do they work
[2024-04-05 09:20:39] BMEXcheers : green line go up, morning glory
[2024-04-05 09:20:41] BMEXcheers : magic
[2024-04-05 09:21:31] RonnieREKT : 🔥 Liquidated long on `DOGEUSD`: Sell 175 Cont @ 0.16985 ($1,978.14)
[2024-04-05 09:21:46] RonnieREKT : 🔥 Liquidated long on `ETHUSDT`: Sell 3.5000 ETH @ 3257.34 ($11,399.89) - Bonjour!
[2024-04-05 09:21:46] RonnieREKT : 🔥 Liquidated long on `SLERFUSDT`: Sell 3000 SLERF @ 0.3635 ($1,121.10)
[2024-04-05 09:21:56] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 8800 USD @ 66511
[2024-04-05 09:21:56] WhiteFlower : Feels good to be back on bitmex. My plan is just short BTC 1x, 2x to slowly collect funds
[2024-04-05 09:22:08] WhiteFlower : Thats all
[2024-04-05 09:22:14] blaster33 : Eluus: i just checked the fees, but wasn't it always 0.075% for takers? To me what changed is the maker fees which was -0.025%. But maybe i inverted the numbers and it was 0.025/-0.075 :arthur:
[2024-04-05 09:22:59] al guul : gloves on
[2024-04-05 09:23:06] Eluus : blaster33: As far as I can remember yeah it was 0.075%, I may have mistaken before
[2024-04-05 09:25:00] blaster33 : but yes, maker fees shouldn't have gone positive, books lack of liquidity now
[2024-04-05 09:25:16] RonnieREKT : 🔥 Liquidated long on `SOLUSD`: Sell 135 Cont @ 171.01 ($1,532.66)
[2024-04-05 09:25:16] RonnieREKT : 🔥 Liquidated long on `DOTUSDT`: Sell 450 DOT @ 8.176 ($3,678.80) - For financial freedom!
[2024-04-05 09:27:00] RonnieREKT : 🔥 Liquidated long on `SLERFUSDT`: Sell 69 SLERF @ 0.3615 ($25.79)
[2024-04-05 09:29:44] RonnieREKT : 🔥 Liquidated long on `SLERFUSDT`: Sell 4 SLERF @ 0.3639 ($1.49)
[2024-04-05 09:30:41] RonnieREKT : 🔥 Liquidated long on `SLERFUSDT`: Sell 59 SLERF @ 0.3625 ($22.05)
[2024-04-05 09:31:12] XRP Wale X : BitMEX_Hans: 💥inflation numbers 2day
[2024-04-05 09:31:51] bluemaster : https://www.coinglass.com/Balance
[2024-04-05 09:35:08] XBT Wizard : Placements open for ~5 minutes. Commands: /btc up, /btc down. Cost: 1 BMEX
[2024-04-05 09:36:17] bluemaster : thanks GOd they enabled "mute" button for @XBT Wizard
[2024-04-05 09:39:20] Eluus : great, I muted him too
[2024-04-05 09:39:37] laPanini : why would anyone ever want to mute the greatest game host in the trollbox, thats just rude.
[2024-04-05 09:40:13] XBT Wizard : No one joined the game :(. Game will restart in an hour
[2024-04-05 09:42:05] RealBawlOfLasagna : laPanini: people really hate winning
[2024-04-05 09:42:20] laPanini : RealBawlOfLasagna: yeah seems like it.
[2024-04-05 09:42:25] Eluus : bluemaster: can't block him
[2024-04-05 09:42:36] Eluus : the button doesn't work
[2024-04-05 09:42:53] RealBawlOfLasagna : laPanini: all they want is having an unaffordable bitcoin. KEK
[2024-04-05 09:49:32] 8-8-8 : blaster33: I agree on maker fees on USD pairs. Liquidity on this site is the only real down side. I have no idea why Bitmex does not hire an AAA marketing team, rather than the organic meddling going on for years now. Is there even someone dedicated to market the exchange to institutionals?
[2024-04-05 10:02:59] WhiteFlower : blaster33: I agree market maker fees should be negative, that is the reason why I left from Bybit to Deribit, at least on deribit market maker fee is 0 by default.
[2024-04-05 10:03:13] safeandalive : hi how to turn off automatic pnl realisation?
[2024-04-05 10:03:14] WhiteFlower : But Bitmex seems to not care about people leaving...
[2024-04-05 10:05:44] 8-8-8 : WhiteFlower: what makes you think so?
[2024-04-05 10:06:04] safeandalive : BitMEX_Hans: hi how to turn off automatic pnl realisation?
[2024-04-05 10:07:05] Pappa : safeandalive: go to preferences
[2024-04-05 10:08:16] safeandalive : Pappa: which option should I choose?
[2024-04-05 10:09:09] ElHozo : FYI folks - there's 212k sats up for grabs by sharing your PNL card and tagging twitter: https://x.com/BitMEX/status/1776189031522738304
[2024-04-05 10:09:29] Pappa : Sorry option doesn't seem to be there anymore
[2024-04-05 10:09:39] Pappa : Maybe hans will help
[2024-04-05 10:10:02] Dario2 : safeandalive: from what I remember we could turn it on/off from Subaccount but it’s not there anymore
[2024-04-05 10:10:52] safeandalive : Dario2: so automatic pnl realisation it's only option today?
[2024-04-05 10:11:07] ElHozo : That option is no longer there because they moved to the new margining system where PNL is realised upon closing - no unrealised pnl anymore but just position pnl
[2024-04-05 10:11:54] Dario2 : safeandalive: I turned it off long time ago so don’t know
[2024-04-05 10:11:58] Dario2 : ElHozo: thank you
[2024-04-05 10:12:05] ElHozo : https://blog.bitmex.com/updates-to-margin-system-and-displays/
[2024-04-05 10:12:13] ElHozo : here the blog post that describes it
[2024-04-05 10:12:31] safeandalive : Dario2: thank you
[2024-04-05 10:12:34] 8-8-8 : My issue with Bitmex is social media presence. For instance If I go to https://www.coingecko.com/en/derivatives looking to compare funding fees, bitmex perpetuals are not even listed. Unless someone pays attention Bitmex slowly falls off out of the radar
[2024-04-05 10:12:37] safeandalive : ElHozo: thank you sir
[2024-04-05 10:19:06] ElHozo : 8-8-8: Just wondering - do the fees actually compare well?
[2024-04-05 10:26:07] Jeribest : Please where can I find API management on this Bitmex?
[2024-04-05 10:26:33] Jeribest : Have search for API management tire can't find it here
[2024-04-05 10:28:24] 8-8-8 : I do arbitrage cross exchanges, it seems the funding fees depends on the specific exchange aggregate positions on a token by token basis. Binance were often the highest on 2nd tier coins but not used them for a while.
[2024-04-05 10:28:30] Dario2 : Jeribest: header menu -> Information -> API Documentation -> API Key Management
[2024-04-05 10:29:06] bluemaster : Eluus: you are right ffor @XBT Wizard mute button does not work
[2024-04-05 10:31:13] bluemaster : deribit maker and taker fee for btc perpetual
[2024-04-05 10:31:24] bluemaster : Contract Maker Fee Taker Fee BTC Futures & Perpetual 0.00% 0.05%
[2024-04-05 10:31:42] bluemaster : so BItmex can not match even this
[2024-04-05 10:32:11] RonnieREKT : 🔥 Liquidated long on `PEPEUSD`: Sell 80 Cont @ 0.000006465 ($345.59)
[2024-04-05 10:32:11] RonnieREKT : 🔥 Liquidated long on `WLDUSD`: Sell 66 Cont @ 6.531 ($2,880.06) - Exodia OBLITERATE!
[2024-04-05 10:32:36] RonnieREKT : 🔥 Liquidated long on `XRPUSDT`: Sell 3120 XRP @ 0.5729 ($1,787.64)
[2024-04-05 10:33:45] MrBath : bluemaster: why so much bitmex FUD
[2024-04-05 10:33:54] MrBath : Bitmex is the best exchange
[2024-04-05 10:35:26] bluemaster : MrBath: just trying to wake up that guy in charge of this ...
[2024-04-05 10:35:47] MrBath : And if you are opening one trade every week. What does fees matter if they are comparable?
[2024-04-05 10:35:56] RonnieREKT : 🔥 Liquidated long on `PEPEUSD`: Sell 250 Cont @ 0.000006458 ($1,078.75)
[2024-04-05 10:36:04] bluemaster : MrBath: liquidity
[2024-04-05 10:36:29] 8-8-8 : BitMEX_Hans: For some reason DOGEUSD is the only contract listed on https://www.coingecko.com/en/derivatives
[2024-04-05 10:39:03] MrBath : bluemaster: imo I bet if they lowered fees so liquidity improved on long dated futures the company would go out of business
[2024-04-05 10:39:23] MrBath : It's only derivatives here. No extra bumps from spot or fiat onramp
[2024-04-05 10:40:38] ElHozo : @ 8-8-8 I usually use Coinglass for Frate comparison https://www.coinglass.com/FundingRate
[2024-04-05 10:41:50] bluemaster : MrBath: I love Bitmex and I will be always here ,just trying to push in right direction and improve this site
[2024-04-05 10:45:08] XBT Wizard : Placements open for ~5 minutes. Commands: /btc up, /btc down. Cost: 1 BMEX
[2024-04-05 10:46:37] Dario2 : bluemaster: They don’t even have money for advertisements mate. They can’t afford lower fees. Deribit is incorporated in Panama, Bitmex in Seychelles and they both pay 0% corporate tax, yet they have managed to keep fees lower so clearly a push in the right direction is necessary.
[2024-04-05 10:46:46] 8-8-8 : ElHozo: Thanks I know that one too. Do you do yield arbitrage too?
[2024-04-05 10:47:00] bluemaster : Dario2: Deribit is in Dubai now
[2024-04-05 10:48:58] bluemaster : Dario2: BItmex have plenty of money mate https://www.bitmex.com/app/insuranceFund
[2024-04-05 10:50:02] 8-8-8 : Dario2: I think Bitmex has a good value proposition. I am not sure that advertisement is the solution. CZ Binance was present in a lot of the crypto conferences. Marketing is different than advertising.
[2024-04-05 10:50:08] XBT Wizard : No one joined the game :(. Game will restart in an hour
[2024-04-05 10:50:14] Dario2 : bluemaster: From what I read, they only relocated their headquarters to Dubai just a few days ago but if they actually closed their Panama corporation and moved to Dubai then they made a mistake. They have to pay 9% tax there
[2024-04-05 10:50:48] Dario2 : bluemaster: Pez said they don’t have money for advertisements :arthur:
[2024-04-05 10:51:36] bluemaster : Dario2: Bitmiex don;t need any advertisement ,just lower fees and people will come
[2024-04-05 10:51:43] BMEXcheers : what we need is a business plan 1/ make green line go up 2/ FOMO on coinbase 3/ le insider pump (TB hodlers)
[2024-04-05 10:53:08] bluemaster : Bitmex have reputation been safe and never hacked exchange ,nice huge Insurance Fund if fwe can match wfees we will be No 1
[2024-04-05 10:54:00] BMEXcheers : fees are low...with bmex :)
[2024-04-05 10:54:07] BMEXcheers : buy and stake, sirs
[2024-04-05 10:54:09] Dario2 : 8-8-8: Agree on that mate. Marketing doesn’t have to cost much. Look at what Bybit does for example. They give a few millions to Sato, the korean guy and he streams his traders. Then they have a bot hedging/countertrading him and they lose no money in the process but they get so much attention
[2024-04-05 10:55:59] Dario2 : bluemaster: So Deribit is still a Panama registered company, no?
[2024-04-05 10:58:32] bluemaster : Dario2: I don;t know Dario ,they say Dubai
[2024-04-05 11:01:22] Dario2 : bluemaster: They say registered in Panama but relocated headquarters to Dubai just a few days ago. Same with Binance I guess. Will visit them when I go back in a few days.
[2024-04-05 11:01:38] bluemaster : Dario2: to be honest I like Bitmex low viability and playing under the radar in this current wold political situation and I think this is safest exchange to be ...
[2024-04-05 11:02:05] 8-8-8 : Dario2: good point influencers are critical in crypto. copy trading would be great too, especially if featuring good system traders. We are fine armchair CEOs! The guild idea was like WTF? Who volunteers to give Arthur a kick in the ... and ask him to wake up?
[2024-04-05 11:02:13] Dario2 : bluemaster: but next time better send bitmex emails instead of discussing it on trollbox. People might interpret your concerns as FUD.
[2024-04-05 11:02:17] MrBath : BMEXcheers: agreed
[2024-04-05 11:02:22] MrBath : :BMEX:
[2024-04-05 11:03:09] MrBath : 100k BMEX staked gives you maker rebate
[2024-04-05 11:03:30] MrBath : Tbh I don't use it much. I'm on the beta program though for BBO and it helps a lot
[2024-04-05 11:04:12] Dario2 : bluemaster: Agree Bitmex is the best exchange but unfortunately banks in western countries don’t like doing business with Seychelles registered companies. Not good for expansion
[2024-04-05 11:05:47] Dario2 : 8-8-8: hehe I don’t dare :arthur:
[2024-04-05 11:09:12] 8-8-8 : bluemaster: I want Bitmex to be the safest because it is mathematically correct, which I think it is. On the other hand, it's great Bitmex stayed always from all the coinbase and cz situation got in with FTX. Old school finance does not shoot at each other in public. The new school crypto traders cannot even comprehend we are selling trust. cz and coinbase cannot even figure that one out.
[2024-04-05 11:10:28] 8-8-8 : Dario2: Nothing stops Bitmex from getting a presence in Abu Dhabi for instance.
[2024-04-05 11:11:22] Dario2 : 8-8-8: exactly but they prefer hong kong and most of their developers are in that region
[2024-04-05 11:13:00] Dario2 : and just a few months ago hong kong signed an agreement with Dubai to making banking easier for crypto companies
[2024-04-05 11:13:18] Dario2 : so fortunately things are improving
[2024-04-05 11:13:35] 8-8-8 : Dario2: Should addressing the corporate structure suitable to approach institutions not be distinct from development team locality?
[2024-04-05 11:16:21] Dario2 : 8-8-8: It should be distinct, I mean I once registered an IT company in US but since developers are so expensive there, I had developers in Dubai
[2024-04-05 11:17:01] 8-8-8 : It's a matter of perception that can be gauged by approaching institutions. LMAX exchange has specialized representatives in a few places, and their spreak on crypto is awful. Might be CFDs by the way, with no over the weekend positions.
[2024-04-05 11:17:50] 8-8-8 : I meant the spread
[2024-04-05 11:18:30] Dario2 : Oh I see
[2024-04-05 11:20:16] 8-8-8 : Arthur is off other projects unrelated to the core mission, so put one and one together, does it seem like there is a long term vision for this company? Would make a nice acquisition though.
[2024-04-05 11:24:39] BMEXcheers : i see slerf n turf is now at 0.37
[2024-04-05 11:24:41] BMEXcheers : interesting
[2024-04-05 11:28:59] RobVacation : but 24hr 573M turnover is still impressive.
[2024-04-05 11:29:43] Dario2 : 8-8-8: You are right. I also said they lack long term vision after they changed the fee structure and added guilds as a use case for bmex coin. Same with this Wizard game on trollbox. From what I heard bitmex was once worth over 2.5 billion, not sure how much now. Would indeed be a nice acquisition
[2024-04-05 11:30:10] RobVacation : I wonder how much net profit they had for last year.
[2024-04-05 11:32:20] Dario2 : RobVacation: In Seychelles, there is no statutory requirement to file any financial information on public record, nor is there any audit requirement.
[2024-04-05 11:33:27] 8-8-8 : Any institution wanting a foot in would get the excellent implementation. I always presumed it was lifted from TradFi in the first place. Slap some solid KYC and off you roll...
[2024-04-05 11:34:17] 8-8-8 : I can guarantee Hayes isn't loosing a dime on that one.
[2024-04-05 11:34:21] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 35000 USD @ 66622
[2024-04-05 11:36:06] RonnieREKT : 🔥 Liquidated long on `DOGEUSD`: Sell 600 Cont @ 0.17044 ($6,809.53) - No refunds :arthur:
[2024-04-05 11:36:36] RonnieREKT : 🔥 Liquidated long on `DOGEUSD`: Sell 30 Cont @ 0.17028 ($340.04)
[2024-04-05 11:40:40] RobVacation : Dario2: I see
[2024-04-05 11:41:14] blaster33 : To be honest, Bitmex was also very popular before 2020 because they had no KYC, Hayes were more active publically and i'm quite sure that Alameda was half the open interest, but now they're rekt :arthur:
[2024-04-05 11:41:30] RobVacation : only the owners see what it really is.
[2024-04-05 11:42:16] blaster33 : mexc is popular lately because they have low fees (0 maker i think) and no KYC. But now they will force KYC and i'm sure some people will leave
[2024-04-05 11:42:30] RobVacation : blaster33: stil no 10 according to CMC.
[2024-04-05 11:45:23] 8-8-8 : blaster33: before that I think it was the biggest game in town in derivative
[2024-04-05 11:46:11] 8-8-8 : Dario2: Just curious, are you a system trader?
[2024-04-05 11:46:29] Radix : What about ByBit?
[2024-04-05 11:47:23] 8-8-8 : blaster33: I don't think you can beat negative market making fees, even though spread in reality matters more. It's more psychological
[2024-04-05 11:50:12] XBT Wizard : Placements open for ~5 minutes. Commands: /btc up, /btc down. Cost: 1 BMEX
[2024-04-05 11:55:12] XBT Wizard : No one joined the game :(. Game will restart in an hour
[2024-04-05 11:56:11] Gandalf the Grey : Where XBT gonna go
[2024-04-05 11:57:35] RonnieREKT : 🔥 Liquidated long on `MATICUSDT`: Sell 2551200 MATIC @ 0.869 ($2,261,128.56) - Are ya winning, son?
[2024-04-05 11:59:01] Dario2 : 8-8-8: Yes, sir. Are you a system trader as well?
[2024-04-05 12:00:51] RonnieREKT : 🔥 Liquidated long on `MEWUSDT`: Sell 117000 MEW @ 0.004498 ($NaN) - REKT!
[2024-04-05 12:02:09] bluemaster : are you scared kids ? 😁
[2024-04-05 12:02:41] bluemaster : imagine trading bitcoins and counting in a dollars 😛
[2024-04-05 12:03:00] bluemaster : /rpnl xbtm24 ``` :bitmex: XBTM24: 2.0886 XBT RPNL ```
[2024-04-05 12:03:03] bluemaster : /rpnl xbteur ``` :bitmex: XBTEUR: 3.4935 XBT RPNL ```
[2024-04-05 12:03:12] RonnieREKT : 🔥 Liquidated long on `MEWUSDT`: Sell 12000 MEW @ 0.004427 ($NaN) - Bullrun cancelled?
[2024-04-05 12:03:26] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 3000 USD @ 66392
[2024-04-05 12:03:31] RonnieREKT : 🔥 Liquidated long on `APEUSDT`: Sell 300 APE @ 1.608 ($485.55)
[2024-04-05 12:03:31] RonnieREKT : 🔥 Liquidated long on `MINAUSDT`: Sell 450 MINA @ 1.0161 ($457.20)
[2024-04-05 12:04:02] RonnieREKT : 🔥 Liquidated long on `ETHUSDT`: Sell 0.0200 ETH @ 3223.5 ($64.48)
[2024-04-05 12:04:02] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 16000 USD @ 66327
[2024-04-05 12:04:11] RonnieREKT : 🔥 Liquidated long on `BCHUSDT`: Sell 0.2100 BCH @ 678.9 ($142.58)
[2024-04-05 12:04:20] MrBath : Damn
[2024-04-05 12:04:26] RonnieREKT : 🔥 Liquidated long on `PEPEUSDT`: Sell 150000000 PEPE @ 0.000006371 ($955.80)
[2024-04-05 12:04:29] Dario2 : https://www.tradingview.com/chart/BTCUSDT/pQh67cDG-Bitcoin-is-Ready-to-Go-Down-again-by-Wedge-Pattern/
[2024-04-05 12:05:04] MrBath : My bot is buying SOL hard. I'm down $100.
[2024-04-05 12:05:16] 8-8-8 : Dario2: I am a hedger and would love to automate. There some sample Bitmex C++ code I want to try to pull funding rates and position. Bitmex Github does not seem to answer issues though
[2024-04-05 12:06:00] 8-8-8 : MrBath: I thought SOL might be a good buy too
[2024-04-05 12:06:24] MrBath : 8-8-8: I can help
[2024-04-05 12:06:31] MrBath : Join my guild and DM me on discord
[2024-04-05 12:07:32] 8-8-8 : MrBath: are you interested in designing a hedging system?
[2024-04-05 12:08:04] Dario2 : 8-8-8: I was recommending this same bitmex code to bluemaster just a few months ago. The Python version though, written by Samuel Reed, one of the co founders of bitmex
[2024-04-05 12:10:05] 8-8-8 : Dario2: I know everyone is hoping on the python bandwagon. I was pulling quotes from Binance, but seriously a single threaded script, does anyone even use that for HFT?
[2024-04-05 12:10:55] 8-8-8 : MrBath: what is your guild?
[2024-04-05 12:11:55] 8-8-8 : Dario2: (single threaded language I meant)
[2024-04-05 12:12:11] BMEXcheers : faaakin erc20 tokens - how the faak do they work mate
[2024-04-05 12:12:13] bluemaster : Dario2: problem Dario is we competing with Elon and Saylor Code + Big Wall Steeet scam , I think Carbon Human trader will outperform them all
[2024-04-05 12:12:16] BMEXcheers : faakin boof it
[2024-04-05 12:12:31] Dario2 : 8-8-8: Of course not. Unfortunately Python didn’t have any real multithreading capabilities because of its GIL lock but I heard the latest upcoming update will have it removed. That’s why I coded all my scripts in C++ and use the beast library of boost for API communication
[2024-04-05 12:13:55] Dario2 : 8-8-8: we have had many heated discussion on trollbox about limitations of python where it comes to multithreading :kek:
[2024-04-05 12:14:29] MrBath : 8-8-8: Algo academy
[2024-04-05 12:14:56] Dario2 : bluemaster: It’s funny you mention this. I heard Doge founder was saying Elon sucked at understanding simple Python codes
[2024-04-05 12:15:08] 8-8-8 : Dario2: I am building a track record doing some hedging with the idea of limiting delta exposure in order to allow to scale capital. I much prefer C++ although I write close to C
[2024-04-05 12:15:10] Dario2 : he has a master in physics
[2024-04-05 12:15:12] MrBath : Python is fine
[2024-04-05 12:15:23] MrBath : You have a
[2024-04-05 12:15:54] MrBath : You have way bigger issues with exchange latency compared to code cycle time
[2024-04-05 12:15:54] bluemaster : Dario2: Elon is marketer not engineer but he have money to pay real programmers
[2024-04-05 12:16:14] 8-8-8 : Dario2: I saw the sample code was using boost for strings, does it also use beast or is that your implementation?
[2024-04-05 12:16:46] Dario2 : bluemaster: he is another SA scammer as you say from time to time. The richest though 😜
[2024-04-05 12:17:05] 8-8-8 : MrBath: it would depend how many token your system trade?
[2024-04-05 12:17:06] MrBath : The odds of someone here having issues with code execution performance is 0
[2024-04-05 12:17:32] MrBath : The time it takes to talk to bitmex server is 99% of execution time
[2024-04-05 12:17:58] MrBath : So the real benefit is being as close to bitmex server as possible
[2024-04-05 12:18:26] 8-8-8 : Dario2: I think that python limits the scale of the project from the get go.
[2024-04-05 12:18:45] Senior. Professor. : Dario2: 💚 you platonically, ser. :doge: :catjam:
[2024-04-05 12:19:49] MrBath : If you try and over complicate it you are NGMI
[2024-04-05 12:20:17] 8-8-8 : MrBath: is it possible to colocate a server at Bitmex hosting location?
[2024-04-05 12:21:42] MrBath : 8-8-8: yeah it's fine to do so. You have to understand that using python might add 0.001 milliseconds to your Algo process. But being more than 500m away from Bitmex server adds 0.5 seconds to your Algo
[2024-04-05 12:21:58] MrBath : The language you chose matters nothing
[2024-04-05 12:22:21] MrBath : Bitmex is on AWS is Dublin
[2024-04-05 12:22:26] MrBath : In Dublin
[2024-04-05 12:26:20] MrBath : That's also why I am a shill for profitview
[2024-04-05 12:26:22] bluemaster : https://cryptoslate.com/
[2024-04-05 12:26:36] Dario2 : 8-8-8: I have not looked at the official bitmex C++ code in detail but in my script I try to use STD as much as possible and only use Boost if really needed. I have plans to replace boost beast with my own code this year for optimalization purposes.
[2024-04-05 12:26:40] 8-8-8 : MrBath: 0.5 sec for 500m does not match typical ping times which are more in the order of 250 ms for instance London to Tokyo
[2024-04-05 12:26:59] MrBath : 8-8-8: either way the point stands. The language doesn't matter
[2024-04-05 12:27:05] Dario2 : 8-8-8: You are right. For simple scripts, Python will suffice, but when you want to scale, like trading on 40 different exchanges as market makers do, then you really need lower level languages like C/C++ or Java.
[2024-04-05 12:27:29] bluemaster : The total net inflow across all Bitcoin ETFs now stands at over $12.3 billion.
[2024-04-05 12:27:31] Dario2 : The same goes for scanning 20000 different securities on stocks, forex etc
[2024-04-05 12:27:38] bluemaster : https://cryptoslate.com/insights/grayscale-gbtc-etf-records-third-consecutive-double-digit-low-outflow/
[2024-04-05 12:27:45] MrBath : Dario2: are you doing that? If so then again your main issue is server location. Bitmex is in Dublin while binance is in Japan
[2024-04-05 12:28:05] Dario2 : Senior. Professor.: Always nice to see you, sir. Love you platonically 💚❤️
[2024-04-05 12:28:07] MrBath : Dario2: and if you were serious you'd be putting your code next to the exchange.
[2024-04-05 12:28:30] 8-8-8 : Dario2: @MrBath I am not 100% closed to python (I hate it, always finicky with packages). I'd love to have a way to contact you Dario as well.
[2024-04-05 12:29:07] MrBath : 8-8-8: I am not a python guy but you need to decide the complexity of your algorithm
[2024-04-05 12:29:45] MrBath : If you are trying to arb between bitmex and binance on XBTUSD and you are trying to beat the big boys then by all means use C++
[2024-04-05 12:30:11] MrBath : But if you are a pleb building a mean reversion grid strategy. Then don't go overboard
[2024-04-05 12:30:36] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 14000 USD @ 66334.5
[2024-04-05 12:30:53] 8-8-8 : MrBath: When I say I am a hedger, I already have my own strategy. I know what I need to code, and first step is to pull up my position and funding fees.
[2024-04-05 12:30:53] MrBath : Or if you are trying to arb between any contract other than XBTUSD or ETHUSD. You are also fine cos no other contract has liquidity
[2024-04-05 12:31:14] MrBath : 8-8-8: cross exchange?
[2024-04-05 12:32:04] 8-8-8 : MrBath: I just do yield arbitrage. Speed would only come into place to balance accounts ASAP as a last resort.
[2024-04-05 12:32:10] MrBath : 8-8-8: if not cross exchange. And if you are worried about funding then you are an 8 hour + trader. Speed doesn't matter
[2024-04-05 12:32:12] Dario2 : MrBath: I know mate. I took me a while to figure out where bitmex’s server was located a few years ago. Now it’s public knowledge and I always recommend people to place their servers there. With bitmex is cheap but to place your server close to new york exchange for example will cost you millions per year. We can’t afford that 😛
[2024-04-05 12:32:26] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 200 USD @ 66168 - 🐳
[2024-04-05 12:32:44] Dario2 : It*
[2024-04-05 12:32:57] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 400000 USD @ 66127.5 - ouch..
[2024-04-05 12:33:00] MrBath : 8-8-8: yeah I get you. Good strategy. Python is fine imo
[2024-04-05 12:33:11] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 3500 USD @ 66122.5
[2024-04-05 12:33:26] RonnieREKT : 🔥 Liquidated long on `XBTUSD`: Sell 23300 USD @ 66004
[2024-04-05 12:33:42] MrBath : Dario2: that's the benefit of crypto. True competitive market
[2024-04-05 12:34:11] Pappa : Pew pew pew pew
[2024-04-05 12:34:50] 8-8-8 : MrBath: I get your point. Just realize that ping time within the same data center ought to be in the range of 5-10 ms. So 0.5 sec you mentioned, it seems like you may have a network issue?
[2024-04-05 12:36:52] 8-8-8 : MrBath: speeds matters because doing arbitrage you still need to enter and exit positions in the most efficient manner to limit exposure. Ideally automate market making rather than doing larger trades as I do now.
[2024-04-05 12:37:57] "it will be........" : .
[2024-04-05 12:40:08] 8-8-8 : Dario2: is your scafolding code base accessible one way or another?
[2024-04-05 12:41:19] Gandalf the Grey : going 0
[2024-04-05 12:41:27] Symphoenix : Sorry to say that, boyz, but this is over ! Crytos lost everything ! Wait for the prices to adjust accordingly ! Short the hell out of everything !! Be smart for once in your life !
[2024-04-05 12:42:12] Dario2 : 8-8-8: Not accessible unfortunately, but @Symphoenix has Python codes on github available
[2024-04-05 12:42:20] 8-8-8 : Dario2: is the data center to collocate public knowledge?
[2024-04-05 12:43:00] 33221 : /position xbtusd still not REKT ``` :bitmex: XBTUSD: -90,000 USD @ 70402.7035 ```
[2024-04-05 12:43:03] 33221 : :(
[2024-04-05 12:43:24] Dario2 : 8-8-8: even if not public knowledge there are ways to find out anyway :arthur:
[2024-04-05 12:44:33] 8-8-8 : Dario2: What bothers me is the lack of support on the C++ side. Another case of Bitmex looking a bit unmaintained, I'll know when I try to compile and run.
[2024-04-05 12:44:36] Dario2 : 8-8-8: have you ever tried triangular arbitrage on the same exchange?
[2024-04-05 12:45:57] Dario2 : 8-8-8: You can always ask me any issues you encounter regarding C++. I will try to help as much as possible
[2024-04-05 12:46:31] RonnieREKT : 🔥 Liquidated short on `NEARUSDT`: Buy 100 NEAR @ 6.702 ($670.20)
[2024-04-05 12:47:45] 8-8-8 : Dario2: no, I did pretty well doing dumb cross exchange. I'm trading some synthetic EUR positions here too, but that's directionaly
[2024-04-05 12:48:21] Dario2 : 8-8-8: nice
[2024-04-05 12:48:21] 8-8-8 : Dario2: if the examples do not compile, I will shame Bitmex support!
[2024-04-05 12:48:37] 8-8-8 : Dario2: but thanks greatly appreciated!
[2024-04-05 12:49:09] Dario2 : 8-8-8: hehe I don’t think they have any C++ developers. Their trading engine is coded in kdb+ and they use javascript for backend
[2024-04-05 12:50:18] Dario2 : welcome mate
[2024-04-05 12:51:31] 8-8-8 : Dario2: I do not know what is the ROI range you get trading your systems. Based on my last 4.5 month of trading I am in the 300-400% APR range. I suppose you guys @MrBath you'd be way above that?
[2024-04-05 12:53:03] BMEXcheers : hey, uhh lines of codes dont make green line go up, its big balls
[2024-04-05 12:53:05] BMEXcheers : heh
[2024-04-05 12:53:26] RonnieREKT : 🔥 Liquidated short on `LTCUSDT`: Buy 0.3000 LTC @ 96.84 ($29.06)
[2024-04-05 12:53:41] 8-8-8 : Dario2: Great and thanks. They do have some automated generated code, C++ and even C, it was just not updated for the last four months or so. Perhaps the API interface mechanics just doest not change, only the fields?
[2024-04-05 12:55:34] 8-8-8 : BMEXcheers: at the very least will help automate things a bit
[2024-04-05 12:56:51] RonnieREKT : 🔥 Liquidated short on `XBTUSD`: Buy 1443000 USD @ 66850 - RIP
[2024-04-05 12:57:31] 8-8-8 : Symphoenix: Are you shorting now?
[2024-04-05 12:57:40] r1pp3r : 1.44m rekt
[2024-04-05 12:57:40] r1pp3r : lol
[2024-04-05 12:59:38] Dario2 : 8-8-8: The same as you. I don’t know what strategies you apply but after a while, once your position sizes increase, you have to adjust your code to deal with what I call the liquidity limit and that will force you to expand to other exchanges. To increase your profits, you could also register a company in a 0% tax jurisdiction and open a corporate account on bitmex. It has more benefits than normal accounts.
[2024-04-05 13:00:08] XBT Wizard : Placements open for ~5 minutes. Commands: /btc up, /btc down. Cost: 1 BMEX
[2024-04-05 13:00:55] 8-8-8 : MrBath: Actually the liquidity here depends on what is moving. Usually around news, like CPI release, liquidity is still descent here, otherwise I have to take a small direction bet to get the price I want
[2024-04-05 13:02:33] MrBath : 8-8-8: APR is based on your direction
[2024-04-05 13:02:47] Dario2 : 8-8-8: Yes, the fields change from time to time. I have a python code sending all API related announcements from all exchanges to my Telegram bot. Easier this way
[2024-04-05 13:02:49] MrBath : 8-8-8: and liquidity depends on your contract
[2024-04-05 13:03:41] MrBath : 8-8-8: if you were long XBTUSD the last 4 months yeah you are up 400% depending of leverage etc
[2024-04-05 13:04:51] RonnieREKT : 🔥 Liquidated long on `BCHUSD`: Sell 133 Cont @ 650 ($5,770.70) - Check your inbox
[2024-04-05 13:04:53] MrBath : 8-8-8: if you try and trade XRPUSD you'll probably find it harder
[2024-04-05 13:05:13] XBT Wizard : No one joined the game :(. Game will restart in an hour
[2024-04-05 13:08:24] fuckyourmum : Bitmex - care to explain why I cant place an order?
[2024-04-05 13:08:36] fuckyourmum : Account restricted..
[2024-04-05 13:08:38] 8-8-8 : Dario2: I simply do leveraged yield farming, either cross exchange but even more hair brained strategies. I had moved to an adequate jurisdiction, and ended getting bored with the easy money and introduced some level or directional trades without quantifying the risk in an adequate manner, with disastrous result. Risk management is now at the top of my list, just spreadsheet but getting time consuming to update by hand now.
[2024-04-05 13:09:24] fuckyourmum : Dont mind the name.
[2024-04-05 13:09:46] RobVacation : lol
[2024-04-05 13:11:09] 8-8-8 : MrBath: do you mean you distinguish your APR long and short? I'm curious about the APR range you guys get. I know there are better approach I am sure that what I do.
[2024-04-05 13:16:20] 8-8-8 : MrBath: my leverage remains in the 0.3x 1.5x positive or negative. I did go over that, but cap now at 1.5x. That's were I am today, the thesis being BTCover 75K
[2024-04-05 13:16:44] Dario2 : 8-8-8: Sounds like you had a lot of fun
[2024-04-05 13:17:11] Dario2 : I hear you mate. Risk management is very important. I learned this the hard way :pepe:
[2024-04-05 13:17:15] Dario2 : fuckyourmum: lol
[2024-04-05 13:17:56] Dario2 : oh trollbox even changes his username
[2024-04-05 13:18:15] contract details : he's hacked the caressing system :arthur:
[2024-04-05 13:18:23] Dario2 : :arthur:
[2024-04-05 13:19:34] 8-8-8 : MrBath: No issue with XRPUSD, since I am hedged, I can trade in and out during liquidity windows
[2024-04-05 13:25:53] 8-8-8 : Dario2: Actually it's at the base quite simple but then it gets hugely complicated, balancing accounts, managing delta per account, so it's pretty much taking the outlook of an exchange. Did I mention I am hedging the alt USD contracts. These so called reverse perpetual contracts have super weird behaviors.
[2024-04-05 13:28:40] PeacenLuv : btc alwayz bottomz longitt
[2024-04-05 13:28:51] 8-8-8 : Dario2: how did you get burnt? I used to remain with a 3x leverage per account, right now I go higher, and it would be fun to experiment going even higher with the proper market exit strategy
[2024-04-05 13:28:59] PeacenLuv : https://www.tradingview.com/x/PcRpqKqT/3 bumps yur up
[2024-04-05 13:29:16] PeacenLuv : https://www.tradingview.com/x/PcRpqKqT/ bad lonk above
[2024-04-05 13:29:26] PeacenLuv : 3 bumps yur up pattern
[2024-04-05 13:29:31] PeacenLuv : bully
[2024-04-05 13:30:11] PeacenLuv : ya imwaitin for stupeed funding longz btc againnn
[2024-04-05 13:31:17] BTCcheers : https://www.tradingview.com/x/PcRpqKqT/ btfd btc
[2024-04-05 13:31:20] Dario2 : 8-8-8: exactly mate and it gets more complicated when you try to apply thermodynamics to risk management. There is a good reason why banks like to hire physicists with that background for their risk managements…