How to profit from crypto arbitrage trading - page 2.

jostorres

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Quite an old topic this.

Quote from: feelideb on June 12, 2021, 02:02:54 PM

For me the issue of abitrage is not about finding abitrage opportunity, it rather about been able to convert such opportunity to profit which in my experience has been nearly impossible! Most centralized exchange are buggy and connection could be slow sometimes and there are safety concern as regard your funds! There is also issue of capital and volume! There is just too much risk involve with arbitraging in cryptocurrency market!

There are various bots made for the same purpose although I have only heard about them and never personally used them. The bots will analyze which pairs are trading at what price in different exchanges and based on the difference will execute trades in two different exchanges given you have balance, of course.

Quote from: Bitum on June 12, 2021, 06:02:21 PM

Has anyone already had experience with bot? Is it worth paying for it? I would like to try it too, but the free version is limited in functionality, right?

Not sure but such arbitrage opportunities are not very common because the market for crypto is really liquid and even if you find a small difference between pairs, you might end up paying all the profit in withdrawals and transaction fees.

sujonali1819

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Quote from: Bitum on June 12, 2021, 06:02:21 PM

Has anyone already had experience with bot? Is it worth paying for it? I would like to try it too, but the free version is limited in functionality, right?

I have no idea in bot trading in normal trading or in arbitrage trading. But found some info about arbitrage trading info in this forum.

He shared a result of using Zignaly platform -Re: Bot for trading - arbitrage

Here the man share some good arbitrage bot names - Re: Is there an functioning Arbitrage bot?

The info from atleast a year ago. so try to check first they are still available or not. Best of Luck

Bitum

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bitonator.tangled.com/join

Has anyone already had experience with bot? Is it worth paying for it? I would like to try it too, but the free version is limited in functionality, right?

Lakai01

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Quote from: Rengga Jati on June 12, 2021, 01:34:41 PM

Arbitrage is indeed tempting, we can even get a lot of profit in a short time. However, the opposite can also make us lose a lot in a short time. High profits, high risks.
-snip-

Arbitrage trading was interesting in 2015 because there were already quite a lot of small exchanges and the spread could actually be very large, even with big coins like Bitcoin. Today, arbitrage trading is almost impossible for the top 100 coins, there are simply too many bots that would immediately exploit the spread.

From time to time, however, you can find very good arbitrage opportunities with low-cap coins, where a single trade can result in a profit of 10% or more. But this nowadays happens as often as Christmas, unfortunately.

feelideb

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For me the issue of abitrage is not about finding abitrage opportunity, it rather about been able to convert such opportunity to profit which in my experience has been nearly impossible! Most centralized exchange are buggy and connection could be slow sometimes and there are safety concern as regard your funds! There is also issue of capital and volume! There is just too much risk involve with arbitraging in cryptocurrency market!

Coin_trader

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Quote from: Rengga Jati on June 12, 2021, 01:34:41 PM

Arbitrage is indeed tempting, we can even get a lot of profit in a short time. However, the opposite can also make us lose a lot in a short time. High profits, high risks.

Of course, that's right, in arbitrage, it is necessary to pay attention to at least things like:
- Speed of deposit and also the withdrawal process from one exchange to another. This is decisive because each exchange has a different speed. And if the time is not right, then we will actually lose because the price has increased.
- Transaction fees to be incurred
- The price difference between the origin exchange to the destination exchange.

Agreed on all factors you listed above. As an additional input, Orderbook volume is an important thing to be consider since most coin that has a huge price difference on multiple exchange has different volume. If you manage to buy coin at low price on a certain exchange but the exchange offers high price has fake orders on there book, You can suffer huge loss once market move while you can't market sell your holdings.

Rengga Jati

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Arbitrage is indeed tempting, we can even get a lot of profit in a short time. However, the opposite can also make us lose a lot in a short time. High profits, high risks.

Of course, that's right, in arbitrage, it is necessary to pay attention to at least things like:
- Speed of deposit and also the withdrawal process from one exchange to another. This is decisive because each exchange has a different speed. And if the time is not right, then we will actually lose because the price has increased.
- Transaction fees to be incurred
- The price difference between the origin exchange to the destination exchange.

ahoenk

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Arbitrage is the trading strategy which use the lack of spread between one exchanger to another exchanger, if ypu goes to Sovryn platform you usualy see the comment like this " you can get 0.5 btc by selling 200 btc in this platform immadietly because the market price in this platform is higher then other platform".

And for doing it faster, you need fund in 3 different platform at least. The arbitrage trading will be more optimized when we are in the bullish market which give us more then 5% in one hour candle stick.

LUCKMCFLY

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Quote from: yanto@1977 on November 24, 2019, 09:31:28 AM

I like that articles but the fact is not same. Big fund, speed transactions and also back plan if the main plan fail, you need think all of that. I already try this strategy but mostly fail in time. I suggest you play in one exchanges if you have big money I believe you can become whales.

I agree with you that the article is excellent, but at the time of arbitration I believe that the speed of the human hand comes into play, not so much the human hand but the speed of the brain, I think that to do arbitration you should take advantage of every second that It exists in the necessary time interval for the operation, however, in this case if I am in favor of using artificial intelligence bots, because it is the only way that I can have all the action in each of the exchanges.

In this case, High Frequency Trading also comes into play, which is responsible for causing many markets to collapse and at the same time making traders or investors lose. In fact, there is very little information about high frequency trading, because those who apply it are those who have that gold information, I have tried to find books of this style but it is really difficult.

william_mathews

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Inter-exchange crypto arbitrage trading
You can simply buy cryptos at lower prices on an exchange and sell at higher prices on another exchange. The difference between the buy and the sell amount is your profit.

Example: You buy one bitcoin for 34,000 USD on Kraken and sell it for 36,000 USD on Binance. Your profit will be somewhere between 1,900 - 1950 US dollars (after deducting transfer/withdrawal costs).

Intra-exchange crypto arbitrage trading (triangular arbitrage)
This method is a bit complex one. It needs your complete attention, careful consideration, and excellent calculation skills.

Example:
1st trade order - BTC/XMR @ 0.02235274
2nd trade order - XMR/BLK @ 0.00227243
3rd trade order - BTC/BLK @ 0.00005134

Your profit percentage will be 0.8219% (approx.)

giltc148

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Hmm... very interesting piece of information. I liked the article you wrote. Well-structured, easy to read, comprehensible and informative. Thanks for sharing!

yanto@1977

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I like that articles but the fact is not same. Big fund, speed transactions and also back plan if the main plan fail, you need think all of that. I already try this strategy but mostly fail in time. I suggest you play in one exchanges if you have big money I believe you can become whales.

crwth

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Try Gunbot for a month go to -> https://gunbot.ph

The idea of arbitrage is not new. There are a lot of aspects that you could arbitrage. The concept with those different places in which could arbitrage is just the same. Let’s put it in simple terms, and it’s just taking advantage of buying at a lower price of the same product and selling it at a higher price.

So let’s say you could do that in trading the problem is that you cannot do it so fast. Once you have seen or computed that you could profit from it, it’s already been finished, or the opportunity is gone.

The easiest way that you could profit is to utilize a bot, just like Gunbot with Bitrage. It’s going to be automated and could help you profit from it. With different modes, you could easily make risk free trading with arbitrage. If anyone wants to know more about Bitrage, you could PM me.

Harriti

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I think this is quite difficult when the prices between exchanges only fluctuate low for coins tops and new shitcoins have large fluctuations. but for shitcoins, there is no large volume to buy and when withdrawing, it costs more than what we imagine. So this is not a viable strategy. Better yet, we should trade the top coins and buy them at the right time to sell higher prices in the future.

Not_A_Rocket_Scientist

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tradingbot.info

Check out my article comparing Arbitrage and Trading bots.
Arbitrage is hard nowadays and you need to have a lot of money to do it with profit.
If you are looking for a way to get profit doing less than a typical day-trader, then use automated bot platforms.

whyrqa

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Quote from: its-a-me-mario on November 19, 2019, 01:37:13 PM

Quote from: conex on November 18, 2019, 12:03:31 PM

It was much easier to profit from arbitrage back in 2016 than it is today. There are multiple sites which offer bots to do it and also some sites which tools (Newscrypto arbitrage tool).
Exchange liquidity is a factor which isn't covered enough in this article and is very important.

Yeah this is true, but it's definitely still possible today, especially if you look away from just the BTC-ETH and BTC-USD pairs since those are mainly the only pairs that big hedge funds and institutions are working with. Other pairs are left to the retailers.

I agree liquidity is an issue and I may go back and add a note to that article, thanks for the idea. Btw the tool I mention in the article, Coygo, does provide a feature called Pre-Order Calcs which lets you enter how much you want to theoretically buy/sell, and it will calculate your theoretical true cost by looking through the order book and finding each open order that you would fill to determine the actual rate you would be getting, instead of just the last rate.

I also completely agree with you that today a particular problem is displayed in the liquidity of most cryptocurrencies in the entire cryptocurrency market. But nevertheless, if we are considering the possibility of trading with rating cryptocurrencies, then if we take the current time and look at what is happening on the cryptocurrency market, at an active drop in prices even for Bitcoin and Ethereum, then any trade is too dangerous. I would rather work in a more stable environment.

ashmodeus

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Quote from: its-a-me-mario on November 18, 2019, 03:04:15 PM

Quote from: ashmodeus on November 18, 2019, 02:52:17 PM

do that on CEX exchange, is totally hard on nowdays.
buy some token on DEX exchange and sell them on CEX , its a trend for now .
well, probably u need wait for 2-3 days to get your target. but the profit is more better , rather than high speed transaction between CEX to CEX .
or the better ,
if u find some tokens moved their smart contract to another platfrom is a good target.
for example , about PGL token .
they move their smartcontract from ETH to EOS blockchain, and the good news , just a few people knowing it.
buy the old PGL from exchange , then swap it to new PGL and sell it quickly on EOS DEX.
on that time i got whales profit Grin

On the topic of using a DEX, if you haven't taken a look yet Totle makes getting the best price on DEXs easy. They have a smart order router that can split your order up into orders across multiple DEXs to ensure you get the best price, this helps solve the issue of low liquidity on single DEXs. I've met with their team a few times, they're good ppl and they have a solid product. They have an API, or if you wanna use it as a consumer they have an app that exposes the API here https://swap.totle.com/

I haven't explored using DEXs for arbitrage yet but it's an interesting idea.

no but thank you , somehow , i am not really trust about third party program.
u know like try to learn how the program works, or try to understand , its just make me bored.
i am not saying ur program has bad , but , i just dont like that.

its-a-me-mario

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Quote from: conex on November 18, 2019, 12:03:31 PM

It was much easier to profit from arbitrage back in 2016 than it is today. There are multiple sites which offer bots to do it and also some sites which tools (Newscrypto arbitrage tool).
Exchange liquidity is a factor which isn't covered enough in this article and is very important.

Yeah this is true, but it's definitely still possible today, especially if you look away from just the BTC-ETH and BTC-USD pairs since those are mainly the only pairs that big hedge funds and institutions are working with. Other pairs are left to the retailers.

I agree liquidity is an issue and I may go back and add a note to that article, thanks for the idea. Btw the tool I mention in the article, Coygo, does provide a feature called Pre-Order Calcs which lets you enter how much you want to theoretically buy/sell, and it will calculate your theoretical true cost by looking through the order book and finding each open order that you would fill to determine the actual rate you would be getting, instead of just the last rate.

Swordsoffreedom

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Quote from: its-a-me-mario on November 17, 2019, 11:31:12 PM

Quote from: Swordsoffreedom on November 16, 2019, 09:39:10 AM

Quote from: Swordsoffreedom on November 15, 2019, 04:44:09 PM

When trying to sign up to Coygo, I get error 403. My country is not USA. I would love to try it and I am willing to provide some feedback to you.
Edit: nevermind, I received email and activated account, downloaded app and tried to install it. Immediately I got this warning:

Quote

Windows protected your PC
Windows Defender SmartScreen prevented an unrecognized app from starting. Running this app might put your PC at risk.

Is your app safe??

I clicked Run anyway and then Avast antivirus started analysing the program. No problems found but then this showed up:

Looks like someone will manually check the file because it is still going on after few hours. I will patiently wait. Maybe this check will also help so that next time Avast will approve the file because it will be whitelisted.

That is the first time I've seen that, but as I mentioned we're still new and have a small number of users so it's actually possible you may be the first user to run it who has Avast on their machine. Thank you for the heads up.

All good. Tried opening the file again today, Avast made a quick scan again and approved the software.

I won't be connecting my exchange accounts yet, but I will definitely try the Arbitrage Scanner table thing and try some trades manually.

its-a-me-mario

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Quote from: ashmodeus on November 18, 2019, 02:52:17 PM

do that on CEX exchange, is totally hard on nowdays.
buy some token on DEX exchange and sell them on CEX , its a trend for now .
well, probably u need wait for 2-3 days to get your target. but the profit is more better , rather than high speed transaction between CEX to CEX .
or the better ,
if u find some tokens moved their smart contract to another platfrom is a good target.
for example , about PGL token .
they move their smartcontract from ETH to EOS blockchain, and the good news , just a few people knowing it.
buy the old PGL from exchange , then swap it to new PGL and sell it quickly on EOS DEX.
on that time i got whales profit Grin

On the topic of using a DEX, if you haven't taken a look yet Totle makes getting the best price on DEXs easy. They have a smart order router that can split your order up into orders across multiple DEXs to ensure you get the best price, this helps solve the issue of low liquidity on single DEXs. I've met with their team a few times, they're good ppl and they have a solid product. They have an API, or if you wanna use it as a consumer they have an app that exposes the API here https://swap.totle.com/

I haven't explored using DEXs for arbitrage yet but it's an interesting idea.

Topic: How to profit from crypto arbitrage trading - page 2. (Read 710 times)