Topic: Question / Opinion on arbitrage service (Read 109 times)

Hi guys,

I m new to the forum and like your opinion on a topic.

I have built an arbitrage platform for crypto coins and have been running it for the last couple of months. I have been able to make significant earnings especially via the smaller crypto coins. Thing is that I have a full-time job and I am doing the arbitrage only few hours a week for hobby. However, there are arbitrage opportunities 24/7. Thus I m thinking of opening the platform to the public as a service since I cannot make full use myself.

Current Features:
1) 10 crypto markets. More markets can be added depending on the demand
2) Detailed info for each arbitrage opportunity: a) buy market, b) sell market, c) buy price, d) sell price, d) buy sell ratio (gain), e) buy market commission, f) sell market commission, g) buy market TX fee (to send the coin over to sell market), h) Net gain
3) Alerts for custom arbitrage opportunities (from certain markets, coins, buy sell ratio, depth etc)


Bonus features:
1) Telegram support where we can exchange ideas
2) New services (currently undisclosed). I have several more services in mind, and you may also propose your own services you d like me to add.
3) Full report of more than 500 hundreds transactions. You can see there the buy/sell markets, the coins, the gain ratio, the average time it takes for each coin to be transferred, statistics about the exchange markets, etc.
4) I may also provide you with my personal advice on various techniques for doing arbitrage.

Now as you understand arbitrage is a zero sum game. That means the more the users the less the profit per user. Thus, my initial thought is to create a close group of say 70 - 100 users so that we make sure there is enough profit for everyone. As for the fee I m thinking of something between 0.007-0.01BTC per month.

I d like to know your opinion on that and whether you will be interested in using the services. If there is enough demand I ll go ahead and create a web UI so that you guys can use it (currently is command line based.)

Kindly post your replies below or pm me if you d like to subscribe or you have any questions

Cheers!!