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RE: Authors Can Obtain a 30%+ Premium on Steem Backed Dollars (SBD)

in #financial8 years ago

This is a form of arbitrage right?Shouldnt it be closed as traders and bots take advantage of the window and so the market will force it closed?Seems too good to be true?

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It's not so much arbitrage as normally you think of arbitrage as a 3 way trade. This has more to do with authors writing posts receiving more than what is displayed on the posts and briefly outlines how to choose which option is the best out of the two to obtain the 'best' premium.