Arbolito Desk · live

The desk that quotes in the open.

Arbolito Desk answers Textile's quote requests on Celo from its own inventory of pesos, reais and dollars. Every number on this page comes from the chain or from the price feed it quotes from.

updated Oct 28, 20:41

What it's quoting

Each pair's fair price, the inventory skew, and the bid and ask the desk offers right now.

wARS / USDTQuoting

Fair price: 1 US$ = ARS 1,653.32
Inventory skew: +0.07%
Target holding: 20% · carry 12.8 bps/day
Buy cap now: US$ 11.25 · 75% of the cap
Buys at wARS: ARS 1,654.53
Sells at wARS: ARS 1,651.39
Sources: textile_price · dolar_crypto · dolar_ccl · uniswap_mid

wBRL / USDTQuoting

Fair price: 1 US$ = BRL 5.3552
Inventory skew: -0.03%
Target holding: 21% · carry 14.3 bps/day
Buy cap now: US$ 18.75 · 75% of the cap
Buys at wBRL: BRL 5.3599
Sells at wBRL: BRL 5.3534
Sources: textile_price · dolar_official_cross · uniswap_mid

USDC / USDTQuoting

Fair price: 1 USDC = 1.0009 USDT
Inventory skew: 0.00%
Target holding: 50%
Buy cap now: US$ 15 · 100% of the cap
Buys at USDC: 1 USDC = 1.0006 USDT
Sells at USDC: 1 USDC = 1.0012 USDT
Sources: textile_price · peg

USAT / USDTQuoting

Fair price: 1 USAT = 1.0001 USDT
Inventory skew: 0.00%
Target holding: 50%
Buy cap now: US$ 15 · 100% of the cap
Buys at USAT: 1 USAT = 0.9998 USDT
Sells at USAT: 1 USAT = 1.0004 USDT
Sources: textile_price · peg

wCOP / USDTQuoting

Fair price: 1 US$ = COP 3,161.37
Inventory skew: +0.01%
Target holding: 49% · carry 0.4 bps/day
Buy cap now: US$ 11.25 · 75% of the cap
Buys at wCOP: COP 3,164.20
Sells at wCOP: COP 3,157.87
Sources: textile_ticker · er_api

wMXN / USDTQuoting

Fair price: 1 US$ = MXN 18.6266
Inventory skew: +0.06%
Target holding: 51% · carry -0.3 bps/day
Buy cap now: US$ 25 · 100% of the cap
Buys at wMXN: MXN 18.6341
Sells at wMXN: MXN 18.5968
Sources: textile_ticker · er_api · ecb

Result (P&L)

Against the 160 USDT the desk was funded with (four deposits of 40), valuing inventory at fair.

Value now: US$ 158.90
Capital in: US$ 160
Result: -US$ 1.10
Spread earned on fills: +US$ 0.02
Volume filled: US$ 209.32
Fills: 24

Gas is paid by the operations wallet and isn't in this result. The first inventory was bought on Uniswap, a little above fair.

How much it quotes

The share of time each corridor was quoting (not held or paused), sampled every 5 minutes.

USA₮ / USDT: 100% 24 h · 100% 7 days
USDC / USDT: 100% 24 h · 100% 7 days
wARS / USDT: 51% 24 h · 92% 7 days
wBRL / USDT: 100% 24 h · 78% 7 days
wCOP / USDT: 100% 24 h · 90% 7 days
wMXN / USDT: 100% 24 h · 98% 7 days

RFQs won: 22

Desk quotes Textile selected, from Stitch's log (since Oct 20).

Fills

Desk quotes that someone executed on Celo, each with its transaction.

Time	Pair	Side	Amount	Price	vs fair	Transaction
Oct 28, 16:22	wARS/USDT	sold	1,472.84 wARS · US$ 0.89	ARS 1,655.34	-0.10%	0x2b8504aa…52d3 ↗
Oct 28, 15:40	wARS/USDT	sold	38.93 wARS · US$ 0.02	ARS 1,657.87	+0.10%	0x300baa9b…edab ↗
Oct 28, 15:28	wARS/USDT	sold	15,998.4 wARS · US$ 9.66	ARS 1,656.08	-0.05%	0x288b43aa…e276 ↗
Oct 28, 14:55	wARS/USDT	bought	16,554.14 wARS · US$ 10	ARS 1,655.58	0.00%	0xfb97739e…837f ↗
Oct 28, 14:49	wARS/USDT	sold	15,998.4 wARS · US$ 9.68	ARS 1,653.48	+0.01%	0x616e492c…3220 ↗
Oct 28, 13:20	wARS/USDT	bought	16,511.61 wARS · US$ 10	ARS 1,651.33	-0.01%	0x5bec1dab…56e0 ↗
Oct 28, 10:47	wARS/USDT	sold	15,998.4 wARS · US$ 9.72	ARS 1,646.49	+0.02%	0xbaf940c8…0c84 ↗
Oct 28, 10:40	wARS/USDT	bought	16,441.32 wARS · US$ 10	ARS 1,644.30	+0.05%	0xee63a669…cdde ↗
Oct 27, 23:26	wARS/USDT	sold	486.98 wARS · US$ 0.30	ARS 1,648.01	-0.09%	0xf7c70218…7f70 ↗
Oct 27, 18:11	wARS/USDT	sold	15,998.4 wARS · US$ 9.69	ARS 1,651.54	0.00%	0x8cfd6965…27a6 ↗
Oct 27, 17:16	wARS/USDT	bought	16,485.39 wARS · US$ 10	ARS 1,648.70	-0.01%	0xc07e18f3…a94f ↗
Oct 27, 11:21	wBRL/USDT	bought	53.15 wBRL · US$ 10	BRL 5.3156	+0.04%	0xb6a5c4c1…c649 ↗
Oct 26, 15:49	wARS/USDT	sold	385.99 wARS · US$ 0.23	ARS 1,667.87	+0.17%	0x548c5184…ff3e ↗
Oct 26, 15:46	wARS/USDT	sold	928.49 wARS · US$ 0.56	ARS 1,668.18	+0.18%	0xca351a00…e87a ↗
Oct 26, 13:23	wARS/USDT	sold	1,441.77 wARS · US$ 0.86	ARS 1,668.75	+0.10%	0x9ed8ba5b…a6f5 ↗
Oct 26, 13:21	wARS/USDT	sold	13,359.13 wARS · US$ 7.99	ARS 1,671.07	-0.03%	0x60ab4f2a…8ba3 ↗
Oct 20, 18:47	wBRL/USDT	sold	50 wBRL · US$ 9.93	BRL 5.0358	+0.05%	0x5d393a14…69bf ↗
Oct 20, 16:18	wBRL/USDT	sold	50 wBRL · US$ 9.94	BRL 5.0304	0.00%	0x9833a3d9…2f98 ↗
Oct 20, 10:22	wBRL/USDT	bought	100.51 wBRL · US$ 20	BRL 5.0262	-0.01%	0x7e659af2…155b ↗
Oct 19, 17:45	wBRL/USDT	bought	100.7 wBRL · US$ 20	BRL 5.0354	+0.01%	0x03df13ff…c524 ↗
Oct 18, 19:40	wBRL/USDT	bought	101.28 wBRL · US$ 20	BRL 5.0645	0.00%	0x525bcab9…2c87 ↗
Oct 17, 04:44	wBRL/USDT	bought	99.46 wBRL · US$ 19.57	BRL 5.0818	+0.02%	0x759eb319…20c8 ↗
Oct 17, 04:43	wBRL/USDT	bought	2.17 wBRL · US$ 0.43	BRL 5.0818	+0.02%	0x38387b5e…cd43 ↗
Oct 15, 14:08	wBRL/USDT	sold	50 wBRL · US$ 9.87	BRL 5.0666	+0.06%	0x27d4ee67…9d2d ↗

Inventory

What the desk holds, valued at fair. Per-side caps are fixed in its config.

USDT106.97≈ US$ 106.97

wARS0.15≈ US$ 0

wBRL116.94≈ US$ 21.85

USDC9.99≈ US$ 10

USA₮10.00≈ US$ 10

wCOP31,865.88≈ US$ 10.08

wMXN0.00≈ US$ 0

TotalUS$ 158.90

How it quotes

Fair price: a weighted median of Textile, dolarapi (crypto and CCL; the official cross for the real) and Uniswap, dropping whichever source strays.
Asymmetric pesos: the peso crawls ~1–2% a month, so it buys wARS with a wider margin than it sells them, and aims to hold less.
Inventory skew: long a currency, it moves its price to sell it sooner; it never crosses fair.
Circuit breaker: if sources disagree, go stale or the price jumps, it stops quoting until the move is confirmed.

No example numbers: every figure comes from a Celo transaction or the live feed.

Daily reference for Colombian and Mexican pesos: Rates By Exchange Rate API

See today's metrics →