/CryptoArbBot

Crypto Arbitrage trading bot

Primary LanguagePython

CryptoArbBot

The script polls ETHUSDT prices from two exchanges, Kucoin and Binance. Whenever the spread (price difference from ask and bid in this case between exchanges) are wide enough - counting in the expected commissions - and our available balance would cover the estimated trade + commisssions, two order will be sent, a BUY and SELL.

Then, we check the status of the orders, and if both executed then we generate a status email of the profit.

If any of the orders not got executed, just sitting in the book, then the order will be cancelled, and we also need to initiate a new trade on the successfully traded side, to revert back the balance so availble fund will be there when the next opportunity would come.

Spreadfinder is a utility to detect which exchanges / markets are good canditates for arbitrage trading. It need to start and leave it running for a few days. Later read in and analyize the datafile.

AH.