# 🗣│general
- t
thecolj
04/14/2023, 4:18 PMcongrats @DanielTetsuyama 🙂 - t
thecolj
04/14/2023, 4:25 PMcan it be that the spectrum dex has no current prices ? erg 1,79 $ but real price is 1,93 $https://cdn.discordapp.com/attachments/668903786902847502/1096471287053955153/file_109693.jpg▾
- t
thecolj
04/14/2023, 4:25 PM(re @EDDLON : can it be that the spectrum dex has no current...) spectrum erg is it's own price...people need to arbitrage it - t
thecolj
04/14/2023, 4:25 PMto get it up - t
thecolj
04/14/2023, 4:25 PMto the CEX price - t
thecolj
04/14/2023, 4:25 PM(re @EDDLON : can it be that the spectrum dex has no current...) price is based on action in the LP - t
thecolj
04/14/2023, 4:25 PMgo buy erg from specturm and then sell it to a cex for profit - t
thecolj
04/14/2023, 4:25 PMthat will change price - t
thecolj
04/14/2023, 4:26 PMor the reverse on the way down - t
thecolj
04/14/2023, 4:26 PMah understand - t
thecolj
04/14/2023, 4:26 PM(re @EDDLON : can it be that the spectrum dex has no current...) 1'79 is Dex price , 1'93 is cex - t
thecolj
04/14/2023, 4:26 PMthanks - t
thecolj
04/14/2023, 4:27 PM(re @EDDLON : can it be that the spectrum dex has no current...) Cheap ergs lol - t
thecolj
04/14/2023, 4:28 PMwhere do i get this SigUSD from ? - c
cafebedouin
04/14/2023, 4:28 PMIt's an AMM. There's roughly 600,000 SigUSD in circulation and a third of that is in Spectrum's liquidity pool. So, it takes longer for price to be arbitraged. - c
cafebedouin
04/14/2023, 4:28 PMExactly. If you don't have it already, you cannot buy the cheap Erg. - c
cafebedouin
04/14/2023, 4:29 PMYou could mint and then sell, but you have to do the math to figure out whether you can do so and profit. - c
cafebedouin
04/14/2023, 4:30 PMLooks like you need $0.05 differential. - c
cafebedouin
04/14/2023, 4:33 PMHmmm. So, to buy $1,000 SigUSD. You need 570 Erg. If you used that on Spectrum and exchanged it back, you'd get 552 back. Seems like a bad trade. - t
thecolj
04/14/2023, 4:35 PM - s
SebasGhost5 | CardanoPunks
04/14/2023, 4:35 PMMine went trough, thought it was back online. Maybe they did it manually since it was pending for several hours - c
cafebedouin
04/14/2023, 4:36 PMSo, need to wait for the oracle to adjust price, and by that time, Spectrum will probably have already adjusted. - c
cafebedouin
04/14/2023, 4:38 PMReally just need to have it on hand and arbitrage when these things come up. I was in SigUSD liquidity pools and pulled out, just to swap and get the price difference. Buying at $1.70 when current price is $1.90 seems like a decent margin of error. - c
cafebedouin
04/14/2023, 4:40 PMWell, I figure a point and figure chart at $0.10 with a $0.30 move breaks the trend. But, we'll see. - s
SebasGhost5 | CardanoPunks
04/14/2023, 4:45 PMYes, you'll have to wait, mine took like 20 hours. I withdraw when it was available then it came offline - s
SebasGhost5 | CardanoPunks
04/14/2023, 4:46 PMErgo is $2! Moon soon