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Comment by kachoio

When you place limit orders for such markets (high spread and mediocre volume at best) they don’t get filled quickly. You just bid at best_bid + 1c and wait. I think the average fill time is ~25 minutes if I remember correctly. For this specific strategy, there’s no workaround for avoiding the directional bets. Every arb is a directional bet that eventually got arbed.
parent kachoio 4 months ago

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