Topic: ARBITRAGE - is it still PROFITABLE? (Read 1034 times)

Individuals then answer by saying by what other means will they create gain? All I share with these individuals is that not exchanging and not losing cash is superior to accomplishing something you suck at and causes you to lose everything. You might observe chances towards coins that are moderately new, however it would in any case be interesting to recognize such an opportunity.

I can tell you that spreads absolutely still exist today, but you're looking at 0.2-0.6% spreads, not 2% or 3% like there used to be. You have to factor in trading fees and the eventual transfer fees when you decide to pull your crypto off the exchange, so you really need a spread of at least 0.15% or so to be worth your time.. But if you can capitalize on this 20 or 30 times a day, there is money to be made. Slippage will occur if your orders are too big so sometimes you can make a big profit, sometimes you can only make a little because an order larger than say $400 might incur slippage. It changes every second.

I'm the primary engineering lead of Coygo Terminal, we have a tool for real-time arbitrage scanning, trading, slippage detection, transfers, etc. I monitor spreads every day across Coinbase Pro, Kraken, Bittrex, Gemini, Binance, and Poloniex, and there are constant profitable spreads.

Also you can't be trying to buy on one exchange, transfer to another exchange, then sell. Spreads only exist for a few seconds, so you can't be waiting for transfer confirmations. The spread will be closed by the time it arrives. You need to be holding balances on two exchanges and submit accompanying buy and sell orders in parallel.  If you don't understand what I mean, see this blog post, section "Strategy 2: Hold balances on both exchanges and submit accompanying trades" https://www.coygo.app/blog/posts/how-to-profit-from-crypto-arbitrage-trading/

If you don't believe me, see for yourself. Pardon the shameless plug, but you can try Coygo Terminal for free and find plenty of profitable spreads every day

Just as I was typing this comment I spotted a 1% spread on BTC-USDT between Poloniex and Kraken, and a 0.86% spread between Bittrex and Kraken. See the top left table of BTC-USDT spreads

The arbitration at the moment of the market is something very difficult to carry out, I think that this is already reaching the levels of High Frequency Trading, it is a very closed topic and under which many of us want to know more and more, and although some Exchanges use their bots for it, I think that only bots with artificial intelligence are those that are able to do it and get good results.

But I think that only the human hand does not have the capacity to execute it and if it does it is very likely that it will obtain losses.

Arbitrage has always been profitable to those who can do it and fast enough to do it but more importantly global enough to do it. Now I know there are tons of costs involved with arbitrage considering you have to money around all the time and I get that it is not easy. However when you have global accounts as in you have bank accounts in multiple places in the world, it is quite simply the easiest thing you can do but you have to be both fast and also haggle with your bank to drop the costs involved as well.

Banks do not want your money gone to somewhere else, let alone a whole another country so they will definitely not support you by raising the costs, all banks do this together so none of them lose customers. If you can manage to find that small hole to get in, you can make a killing with it.

Arbitrage trading is still the most profitable but also the most risky type of trading. But it's not always the same, it depends very much on conditions on the market.
Currently it's not so easy to make money by arbitrage because you really need to be able to act very quickly, make decision very fast and be prepared to react almost instant on slightest movement in the market.
This is not for everyone, only the most skilled and experienced are able to make profit like that so maybe it's better to choose not so demanding type of trading.

Many things has changed in cryptocurrencies world and it is difficult now to make money through arbitrage. I tried it I 2017 and I couldn't make it, I tried in 2018 and meddle of 2019 and I did not make it. Using bot might be the best solution for arbitrage trading but bot also do make wrong trading decisions which is always difficult to reverse.

of course Arbitrage is still very profitable. with the speed of transactions between markets. also need to pay attention to whether the wallet on the exchange is being maintained or not because I often experience it. already bought a coin at a low price but when you want to send it to other markets it even disables 

To me arbitrage trading might not be profitable if you are doing it on your own because you would not be able to catch the huge differences onto several exchanges.

There have been a number of bots introduced which carry the work on our behalf. Arbitrage trading with these bots can be most profitable because a bot can work way lot faster than a human brain because it has been made in such a way. You can never loose any profits from arbitrage if you have set up various orders on the bot itself.

You just need to choose a platform or a bot which is into the market for longer time and also which is been trusted by the community. This is where you would need to use your brain in digging some bots to find a appropriate one for yourself.

Arbitrage trading has always been beneficial if you have the abilities of quick movements. The prices might not differ for a longer time on various exchanges which might give you minimum time to fill profits by simultaneous buying and selling coins on different exchanges which have fraction of differences. You should also never forget fees which you would need for each transaction, for withdrawing funds from a exchange and even deposit fees if applicable.

Alternatively you can also use some other methods to arbitrage like holding specific amount of funds on both the exchanges you would trade and buying on a exchange which offers lower price and at the same time selling those number of coins you bought on the exchange with lower price on another exchange with higher price. In this method, you would not loose excess fees and also might perhaps be beneficial.

Regular arbitrage is not very profitable anymore. It has become saturated.

Triangular arbitrage is much less known and much more profitable comparatively.

With triangular arbitrage, you buy a coin on one exchange, sell it for another coin, and then you sell that coin for the original coin, completing the cycle.

I like to use this this free triangular arbitrage tool (provided by a new exchange called mushino) that lets you track these opportunities across 250 trading pairs. Currently there are some 2% (!) triangular opportunities on some of the lesser known coins. This means that you can make 2% on every 2 trades (not taking into account fees and slippage).

In my opinion, Arbitrage is still profitable, and Arbitrage trading platforms are constantly coming out with better and faster middleware, to ensure that. A good example of this is Tap . They are an Arbitrage like trading platform that is using the newest technology, to not only scan hundreds of the top exchanges for you but, their software also picks out the lowest price from those results. Taking out a lot of the risk and, all of the guesswork out it for you.

By definition, if you're able to arbitrage then you're making a profit. The problem is not whether arbitrage is profitable or not, the problem is, are you able to find these arbitrage opportunities, and are you able to take advantage of them?

Unless you have a large series of capital spread out over a lot of different exchanges in countries where the demand is high (hence the arbitrage) and you're able to liquidate bitcoin and fiat pretty quickly, these tiny margins are going to cost you a lot. Amateurs need not apply.

Even with automated scripts they're getting harder and harder to do. Everyone's after the same tiny slivers of pie, you see.

Arbitrage is faster way how to get much profit in crypto by looking different price of some altcoin from one exchange market with other exchange market, arbitrage usually happen when have new coin listed with other exchange market and become higher or lower price from with before exchange market listed this coin, for arbitrage maybe have problem when sending need long time confirmation.

Arbitrage is not huge in crypto world like it is in forex world, there are a lot of people who are hired by banks to take advantage of arbitrage between nations and considering there is a big competition even in that it is not easy to do that very well and some people are the ones who lose money and others are the people who win that lost money.

In crypto things are unregulated so you might consider arbitrage as more of a possibility here but the truth is since it is unregulated there are people who do shady stuff to take advantage of that arbitrage before you can. I have seen people who literally dropped the price from a profitable number to a negative just to get rid of others and brought back to profitable and took his profit, lost some money to get rid of rivals to profit in the end.

I don't think you'll ever lose in arbitrage trading, this kind of trading has no risk.

What do you mean about "So, if you lose, you lose rather big!"?

Arbitrage trading is always profitable because there is always difference between exchange rates but I don't usually try this method because it is very risky. The prices are fluctuating very fast and if you are not fast enough you may lose money. You should also invest a rather high amount of money to make profit from a small difference in rates. So, if you lose, you lose rather big!

Yeah i think manual arbitrage like monitoring every market's price is not worth anymore in this current time because trading bots are getting smarter and they will easily adjust the market price so arbitrage is no more profitable just like in 2017 backwards

Yes there continues to be arbitrage opportunities in crypto markets, as there are everywhere else.

However if you want to engage in discretionary arbitrage trading, you'll have much better chances in lesser known products traded on decentralized or more obscure exchanges which are not dominated by bots...

Most well known exchanges themselves employ many bots and automated algorithms for the most obvious strategies of arbitrage, so you need to bring a more sophisticated approach there compared to the past.

That is the problem though.

I am doing this strategy for a while now and the problem I am facing is that most of my cryptos can't be found listed in other exchanges so the choices are limited to only some of the exchanges. Other problems maybe is that the fees are high so sometimes I need to sell them to other cryptos to get a cheap fee.

as far as I know, it's still profitable. but, it's just hard to find a good place to do that, and of course, you also need my proper time. however Arbitrage takes advantage of price differences in some markets, so when you can use it, you will benefit.

It's quite a difficult trade to make a profit now. In the past, exchanges were different because there were not too many traders here. now too many traders have made its price more stable and making money from Arbitrage is really hard and the opportunity is zero. so we can only make money through trading coins when there are customers who want to buy it. for example, you buy Bitcoin for $ 7k1 and sell it to people who want to buy directly from you for $ 7k160. so you have profit and they will also accept because they save a lot of time and transaction fees between decentralized exchanges.

Right moment, right time, right coin. It can make profit chance is bigger. I think before arbitrage itself we must see a lot of thing first. And the most important is the coin can be sent into each exchanges. If we see the price only and not wallet condition, usually people will in hurry to do arbitrage and then sometime they lose their money, i think it is worse than we late to sell the coins which only cause we lose some of our money. But still better than lose all money right.

You can open first with coinmarket cap to know which one profitable coin for arbitrage, after getting with your profit coin you have checking about their deposit and withdrawing available or not, many exchange have different price coin with other market but not available for withdrawing, you have check new coin without have many member doing arbitrage with the same coins.

prices are relatively stable across exchange but when there is price difference you can exploit. liquid technology network will be a good opportunity for user to buy bitcoin on exchange A, transfer to exchange B to sell at higher price. how ever, this must happen with an algorithm because manual process will take too long. additional, price difference must be large because even with liquid, you must wait 2 minutes for block time to confirm after transfer.

this is opportunity with futures to hedge out across exchange, so immediate short on exchange B (higher) while buying on exchange A (lower), assume you are then locking in the profit from difference between the prices

Arbitrage opportunities had always been profitable but since you are talking about crypto, you need to look for wider spreads and better percentages because there is one major roadblock for you and that is the FEE:

Trading fee - between 0.025 - 0.5%
Withdrawal fee - depends on exchange and the coin you want to withdraw

If you can beat these two, then trying your hands on these opportunities is good.

Which site did you have in mind? I've seen such tool at https://newscrypto.io/ but didn't try it out yet.

It hard to believe that price wont go back or normalize for some time when these arbitrage opportunities do comes out.Some exchangers do even locked up their deposits into these such events which

do prohibits you on doing such arbitraging.When it comes to profitability talks then theres no question that is indeed profitable but as said by some members here which there are lots of factors that
do affect like exchange fee,withdrawal etc.

Right now there already many websites that provide many exchanges pricelist, so right now is almost impossible to arbitrage with decent profits because most people are knowing each market's price. Back to 2 or 3 years ago when arbitrage is really profitable when people are just focusing on one exchange when trading and not bother with any other exchange's price.

Look every keep silent when looking for new coin have different price from one exchange to other exchange, they trying to make transaction faster without know by many investor, when arbitrage have know with many people sending coin need long time to get confirmation and have ready to get the same price with other market exchange before or have lower price.

Thank you for your answer. It's probably to risky for me for now, will see for the future. Good trading day!

the price margin of each exchange has a difference with the assumption that a stronger exchange volume has a lower price. the price of each coin between exchanges will never be the same at one time, especially if it changes quickly if the difference reaches above 7%.

the only worst thing is if the transaction traffic is very large because of strong interest from a significant price difference, it requires a longer delivery time. If the asset capital sent over $ 1k will still make a profit, as long as the price does not go down due to the sudden influence of bitcoin.

That's probably true if you want to have a good profit. It seems you lost already before you start trading. I think it is not recommended, the crypto market is too risky and if you are not properly ready, you end up losing more. Six-figure capital for margin trading, its for whale level.

i found that the arbitrage trading tend to be speculative even at the end it seems like a lucky based trading technique. you have seen the chcance is there, the gap is there pretty clear for a while and you decide to start arbitrage but guess nobody know that when you successfully moved the coin, the price move down significantly unexpectedly.

that kind experience happened a lot of times.

at that moment you will think that at the end it alwasys about the lucky factor using this technique to trade.

Change is always the main principle of life. If you want to stay alive and continue, you must adapt whatever changes happen in every industry. During old times, almost all in cryptocurrency is true and profitable. But when it became popular, many people use its fame just scam. The competition is also becomes greater due to the numerous new people that joins in this industry. The continuously change of this industry gives us profit and destroy us as wel..

Six figures I mean 100 000 for minimum, not even close to optimal. As people said before, for once, you need to be comfortably playing on margin and this requires way bigger account than people think , fees are high compared to your returns and you need proper infrastructure for this. Both software and hardware which you need to keep improving longterm.

Maybe when you make deposit with exchange account have higher price needed long term to receive and some time price have lower with other exchange after your deposit is success, but you keep the same price with market before. Better arbitrage with coin open listing with new exchange market because have different price but depend with how long take time for receiving your deposit.

Thank you for your thorough answer. I read a lot about arbitrage in last days and can agree with your statement.

Interesting thought, so you don't advise to do arbitrage with small capital at all? 6 figures talking in millions?

In arbitrage cryptocurrency trading, you may face the fact that your coins will be deposited to your account for a very long time. For this reason, you will most likely not be able to sell coins at a profit. It is possible that you will even have to sell digital assets at a loss due to the slow depositing of coins. But usually popular coins are deposited to the account quickly, so you can try this kind of trading. 

Profitable, maybe yes. But wih bots, and maybe other people who see the opportunity, it will be hard to do it. And from what i see on some trading group, a person sell tools like to see price between exchanges so people can see which exchange and coin that can be good to do arbitrage. Maybe in past, a coin have a lot of chance to be arbitraged when listed in new bigger exchange.

With the bots joining the game of trading. I believed that it is not profitable anymore to do arbitrage because the spreads are so tight and there are bots that will adjust easily once the spreads are wide. It is better to do other type of trading like margin trading where you can make quick bucks by just shorting or longing your chosen market.

To my opinion it's not so profitable as is used to be but therr are still opportunities for arbitrage trading. Although it's not always easy to spot and catch such chances and you really should be very dedicated to such type of trading to achieve some results. And you have to count of great deal of risk too.

+1 to this one, there were moments when price was different on Korean exchanges and on another exchanges, not only on altcoins but in bitcoin's case too. If such moments even appear, then they are the greatest and most profitable ones to catch and profit is solid.
It also depends on which country you live, for example if you live in UK and the max you can do from arbitrage trading is 20 pound daily, then no, it doesn't worth but in poor countries it worth to do more than real life job.
I am skeptical regarding bots.

Arbitraging is not a regular thing bro.  It is something that happens rarely or at very short intervals. So earning profits through arbitraging is not a good idea in my opinion.
Besides that, arbitraging occurs only for a short duration and if you miss the exact time duration then you probably end up losing the opportunity.

For arbitrage have looking market deposit confirmation system because every exchange market have different rule when make deposit, some time we can deposit with faster time and need short time for confirmation and we can sell with get much profit, but some time we can get market have bad confirmation with price can be down after we received payment.

It used to be very profitable, maybe now it's still profitable though. But, you need to look closely which one alt to chooce to do that. It's not like in the past, where you could see a different prices of the same alt in 2 or more markets at the same time.

Now, not only it's kinda hard to find such alt, there's also a problem regarding how fast the transacactions speed, and with the current market condition which is not that good, alt prices pretty much the same on every exchanges. The risk is very high, I don't recommend doing arbitage though.

It's an old story that will be difficult to be brought back to life.

Arbitrage had been really profitable before since a large amount of differences are there with every exchange. They create their own conversion rate.
Here is the thing though, that was before when not much does know the technique.
But now, how do you think you could still do it when those exchanges have a basis of how much per crypto currency is.
A difficult task to achieve profit even in the long run.

as long as the bid order is close and the transaction speed is very short. You will have a good advantage in arbitrage. the first thing to note is the opening of the deposit and withdrawal, then the speed of the coin transaction that you buy. after that see the volume and bid order. if all is well. then you can do arbitrage. Attention: Do it in a trusted market.

For the example: https://bitcointalksearch.org/topic/gunbot-automatic-poloniex-profit-generator-1715214

When there is so much movements involved in the market itself, people don't really see the point of arbitrage, I mean at least people like me. Look at bitcoin at its price, when you try to move money from one place to another the transaction costs and speed alone is high and by the time you reach there the price of bitcoin already moved to a new place anyway. So, why would anyone try to arbitrage when they could just keep their money in purely btc-stablecoin and move it between them to make a profit.

If you turned your money into stablecoin 72 hours ago and now come back to bitcoin you would be holding a lot more bitcoin, wouldn't change much for fiat but at least when the price goes up next time you would be making more profits so you would be ready for it.

Yes you may still get some profit in arbitraging but you need a fast hands in order to that because at some moment you coin might  get dump or it will be more lower than the price in the exchange you are using right now. And also sometimes there would be a delay in transferring a coin to others, better to consider the time also.

It's possible both in trading and in gambling, if you have the tools to do it, it is always profitable, arbitrage is kind of activity that there is no risk at all.

You need a supreme hardware and software capabilities which you probably don't have if you are asking this question. Arbitrage is pretty competitive area at this point and i wouldn't encourage anyone with a capital less than 6 figures to bother.

bots have always been doing it and it has always been profitable but also at the same time risky. and the biggest problem with arbitrage is that unlike normal trading, the chance to make profit is very limited so when there are more people doing it the profit decreases and the losses grow.
since nowadays a lot of bots are messing up the market, i don't think it can be profitable enough to be worth trying anymore.

Which are the sites with best arbitrage data? Thank you!

Approx how much are these bots? How difficult is it to use them?

Thank you for the thorough answer. So if i understand correctly these things are important when doing arbitrage:
1. finding the right pair and exchanges (tools like Arbitrage tool at https://newscrypto.io/)
2. calculate the fees
3. be sure there's enough volume?

For now it is no longer profitable, because now the growth of crypto is increasing rapidly resulting in an increase in users in each exchanges.
And this makes every exchange now has the same relative coin prices. Not to mention the difficulty of arbitrage calculation of the withdrawal
fees more expensive than before, be considered for arbitration. The other reason is that arbitrage requires very limited time, when we decide
to buy coins at one exchange and sell it at another exchange. Now it takes quite a long time, which is usually when we deposit it has lost faster
with bots. In the end the price hurried up, so we can not sell these coins. So from that see the reason that I have mentioned, for now is no
longer profitable to do arbitrage.

Indeed, who do not using a bot must compete with other bot traders, so it's not profitable. And there's no free bot that profitable, it costs money to buy the best bot.
Also arbitrage nowadays need extra cost for the fees that it's vary for every exchange.

There will always be imbalances and unsyncronous moves in the market, therefore there will always be arbitrage opportunities. If you are not using a bot to spot those opps. that are worth the time and offer you at least a little bit of edge. Be careful to not be caught uncovered - the liquidity is low in most of the crypto markets and the volume can spike like crazy when you're least expecting it. Good luck in making profits!

This particular trading strategy is no longer popular due to a lots of factors covered from exchange site. Most of the time bot are conquering the platform and if you are thinking to do the arbs bot will detect it right away and ruined your plan. It's hard to find the difference between exchange price unlike before where  you only need decent amount of investment and you'll get something good after executing the trades.

it depends on the market price you buy and sell it doesn't matter the market under any circumstances what is most important there is a difference in price so you can get profit from the arbitrage.
More volatile is good i guess.

It never worth that much to begin with. Yes, if you have bank accounts in different nations and can reach to local exchanges of all of them there is a slight chance that nations with their currency differences could offer you a great deal but that doesn't mean it was available to everyone all the time.

There are bots now dealing with arbitrage which means if there is a chance of mathematical profits then those bots will make sure they do those trades in seconds before you can even react.

Considering all the costs involved and math you need to calculate it would take you at least 5-10 minutes while those machines react and do it in under one minute. I would say arbitrage is not something people should be looking at during this stage, considering bitcoin is low now, accumulation is the best course of action.

Now, arbitrage bots can read smart contracts, I read some reviews even though I haven't used them. I arbitrate manually, but in my opinion capital should also be above average, so fees are not a problem. Popular coins in large exchanges have made swap adjustments, there is an option to choose a chain when confirming withdrawal, so no need to worry. arbitrage and normal trading are still focused on quantity, the difference in profit is not so large if monitored further.

Arbitrage seems dead already. In the past, it was quite profitable in doing as such, but it's been 10 years. Exchanges have coordinated with each other and now, the prices of coins in each exchange either don't differ at all, or if there is, it's so small that you can't really get any profit out of it. Even trading for a few weeks would bring more profit than arbitrage for a month or 2. Bots, maybe, but it wouldn't bring much out. But hey, profit is still profit.

My opinion now Arbitrage is not as easy as it used to be even though now on the exchange there are price differences in other exchanges but there are always obstacles so from now on I never do Arbitrage again from the exchange to another exchange.
For bots, there might still be some that work, but it's not very good, and I always look for really accurate, and no problems with Arbitrage.

arbitration can still benefit those experienced, Arbitration is not easy, it must be good at choosing an appropriate exchange, many obstacles experienced by arbitration, like transaction fees, transaction speeds plus many competitors.

the bitter experience of arbitration is when I buy it cheap on exchange A then I want to sell it on exchange B, but unfortunately I lose money when I make a deposit but it doesn't come to my account, because the smart contract tokens are not the same, I don't see their project being doing a swap, I ended up losing my money on the B exchange because of a different smart contract, not big so I just let the money disappear, hopefully this will be my lesson

Not doing it for nearly a year already. I think it is not favorable and profitable right now, with the current market situation. Most of my positions are for long term hold now since the market becomes bearish. Arbitrage involves many risks too.

@OP check first before transferring your token or coin for arbitrage, sometimes deposits are suspended for the said coins, you will end up waiting for your token for several days.

If you scan the condition of the market these days you will see that arbitrage will not fully work since the value of each coins listed in exchange is not healthy and some is not moving at all, might you will end up bag holding it if you try to use this trading strategy and for me it's really better to go with bitcoins at this point and do a short trades since trading the top 1 coins is our safe heaven and the market movement is pretty much good for earning some decent daily percentage.

Now it no longer works well. Now exchanges have had a sufficient number of traders and the volume has increased dramatically, which has led to the same prices of coins. Besides, only fraudulent exchanges set prices lower than the school value, and then you deposit your money into that exchange, they will keep your money. So this method is no longer good. Ideally, you should have a lot of capital to trade OTC, you can make a lot of money instead of using ARBITRAGE method.

No, it's not. End of story. With how much the market has developed for over 10 years of its existence, I doubt exchanges wouldn't address people taking these opportunities to profit from them. Plus, even if you did see a chance to arbitrage, the profit is minimally small compared to regular trading, and there's also the fees you have to take care of. Especially for markets of famous coins like BTC and ETH. You may find chances towards coins that are relatively new, but it would still be rare to spot such a chance.

The potential profit margins are extremely low while the risks are generally much higher. In terms of risk reward ratio, it's a horrible niche to actually participate in.

Another thing is that within crypto it's very likely rigged as well because exchanges themselves have an incentive to exploit the differences in all the pairs that they have. It's an extrea revenue stream that doesn't cost them much effort. How can they not tap into that extra pool of revenue? Is it ethical to trade against your traders as exchange? Nope, but why would they care? There is no oversight.

All the people asking whether x/y/z type of trading or method is worth getting into shouldn't do any of that to begin with. People then respond by saying how else will they make profit? All I say to these people is that not trading and not losing money is better than doing something you suck at and makes you lose everything.

Some people succeed on this one, but for me its too hard to make money on this and more risky. It can be a profitable strategy if you do it correctly, but having a limited time to analyze and limited time to trade I guess it will be hard for you. Trading bot still need analyzation, if you want to earn in trading then spend more time on this because the market always move even if you’re sleeping.

For now I do not think it is profitable, I would have to do operations almost in less than 20 seconds, in order to start winning, now those who can make it profitable are the bots, the human as such cannot do it, if he does it he has many chances of failing.

It was profitable in the past when the crypto market was immature and when there were a smaller number of traders.
Nowadays, traders rely on sophisticated bots to monitor different exchanges simultaneously and track price movements in order to spot those scarce opportunities. It is going to be hard to compete with them.

Yes, but not as much as before and the act of making a profit on them is getting harder as competition is getting though. there's always going to be opportunities, and they grow in number when volatility is high. sometimes, there have been coins that were selling for a lot more on the Korean exchange than others, for example chainlink, and people that were in Korea could buy on binance or idex and sell on bithumb for a profit. however, arbitrage from local fiat currency, to a foreign currency, to crypto, back to local fiat currency is extremely profitable.

I have an article that can help you: Trading bots VS Arbitrage

Rebalancing funds - is a huge problem in arbitrage nowadays, so there is no point in doing it with a small bankroll (you will be losing a lot on the fees)
I would say that trading bots are more hassle-free tools, that can be successful working even with smaller bankrolls.

Yes, its still profitable but the question is on how you do spot out these kind of rare chances? Arbitrage opportunity doesnt happen always and once you do able to
compare from exchanges to exchanges, one thing that you should consider always is on how fast you would able to execute such trade and as we all know that time is
crucial on here and also try to calculate on fees so that you will find out if you would able to make profits or not and also to the site you are asking, im not aware if it
does exist but for arbitrage explanation then doing a simple google search would already help you out.

Hello traders! I've been searching around and trying to find best sites which offer arbitrage data and explanations on how to do it.
What do you think, is it still possible to profit from arbitrage or are bots doing it nowadays?
Thank you for helping out in this matter!