ARBI Bot: For All Your High Frequency Triangular Arbitrage Trading!

Abhinav Agarwal Press Release published July 18, 2020 | modified July 25, 2020

ARBI Bot: For All Your High Frequency Triangular Arbitrage Trading!

ARBI Bot is a high frequency triangular arbitrage trading robot for cryptocurrencies. The platform allows traders to set up their algorithms and make a potentially riskless profit in cases where one market is undervalued and the other is overvalued.

According to Investopedia, a triangular arbitrage is defined as an arbitrage as a result of a discrepancy between three foreign currencies that occurs when the currency’s exchange rates do not exactly match up on a single exchange. In order to make a sensible arbitrage, traders require automated and advanced computer equipment such as trading bots.

Here’s where ARBI Bot comes in. In this article we will introduce ARBI Bot, how it works, some of its unique features, list of supported exchanges and currencies and finally the pricing levels of the trading bot.

ARBI Bot

As mentioned above, ARBI Bot is an automated high frequency cryptocurrency trading robot utilized for triangular arbitrage opportunities in the crypto market. The trading bot covers four main exchanges including Poloniex, Yobit, OKEx and Binance exchanges.

ARBI Bot is integrated with an advanced web user interface to control the app and trades and allows support for external tools which can be used to add more capabilities and functionalities to the robot.

NOTE: Triangular arbitrage trading bots DO NOT guarantee a profit or interest on the trades made. Despite being automated, the trading robot operates on user provided parameters and the profit is correlated to how well the parameters are set.

How ARBI Bot works

Triangular arbitrage is mainly carried out on a single exchange (intra-exchange) to minimize the costs involved in switching platforms to preserve the arbitrage position. ARBI Bot currently has over 8000 crypto pairs included, selection of 20 base currencies to accumulate and 25,000+ triangular combinations to select arbitrage from.

ARBI Bot maintains a persistent websocket connection with the supported exchanges processing the data in real-time. This allows the trading robot to pick out arbitrage opportunities and act instantly on it if detected.

ARBI Bot helps in the automation of executing trades whereby the user just needs to set up the parameters of the trading pairs and the bot will automatically execute it.

There is multiple instruments for filter and control of the processed data like: Price Line, Volume Multiplier, DSB, Stop-Loss, Orders before Limit.

Supported exchanges: Binance, Yobit, OKEx and Poloniex. All the listed exchanges are working fully with ARBI Bot set to add more exchanges in future.

Supported cryptocurrencies: A number of top cryptocurrencies are supported including Bitcoin (BTC), Ethereum (ETH), XRP, Litecoin (LTC), and EOS among others. There are over 20+ supported crypto currencies which you can accumulate on the platform.

Features of ARBI Bot

Having learnt the intricacies of ARBI Bot and how it functions, in this section we will discuss the features that make the trading bot a must-have crypto triangular arbitrage bot.

  • Arbitrage scanner: ARBI Bot scans all available pairs for arbitrage opportunities and trade on its own. The whole process is automated enabling you to trade whilst you sleep.
  • Profit and Bank monitors: The profit monitors helps keeps your profits and accounts in check while the bank monitor manages the cryptocurrencies on unfilled orders if any.
  • User friendly Web UI: The software provides an easy configuration tool box allowing users to easily change their settings and set parameters on their trades.
  • WebSocket data feed: ARBI Bot also provides a real-time data feed and Telegram notification center to ensure real time trades are completed.
  • Universal Package:There is no need to download multiple packages for each OS. ARBI Bot comes in universal package that works both on Windows, Linux and macOS.
  • Lifetime Support and updates: ARBI Bot also offers a lifetime license, updates and support on their software on every purchased package.

Pricing

The ARBI Bot offers the user unique and real-time scanners to enable a triangular arbitrage in cryptocurrency. However, the services do not come cheap or free as users are provided with three payment package options for ARBI Bot.

1. The ARBI Bot Single License

The ARBI Bot Single license offers the user support to one exchange of their choosing and one API key to set up their triangular arbitrage strategies. The Single License costs $350 for a lifetime membership, upgrades and support. No Yobit support.

2. The ARBI Bot Double Pack

The second pricing package is the ARBI Bot Double Pack that provides a license of two exchanges of your choosing. License is valid for 2 exchanges and 1 API key per each exchange. The Double Pack costs $700, also for a lifetime membership, upgrades and support. No Yobit exchange support.

3. The ARBI Bot Quad Pack

Finally, there is an option for all the four supported exchanges on the most prime package. The package allows one API on each exchange. The ARBI Bot Quad Pack costs $900 for a lifetime membership and support.

Conclusion

Triangular arbitrage is a trading strategy that has enjoyed the limelight in the forex market and is now moving into crypto trading. ARBI Bot provides a trading tool that automates the scanning and execution of arbitrage opportunities on four major exchanges.

Remember, this is not a deposit or interest making platform, the profits are solely dependent on you and the fundamental parameters set.

FAQs

  • What is ARBI Bot?

ARBI is automated high frequency triangular arbitrage trading robot.

  • What is Triangular Arbitrage?

Placing transactions in three currencies to exploit a market inefficiency for a theoretical risk free trade is called Triangular Arbitrage. A triangular arbitrage opportunity occurs when the exchange rate of a currency does not match the cross-exchange rate.

  • Can I use the ARBI Bot on multiple machines?

Yes, the trading bot can be installed into as many machines as you like.

  • Which exchange has the most arbitrage events?

The arbitrage events vary from exchange to exchange based on the current market conditions and used base currency. ARBI Bot provides the paper trading mode that can be useful in tracking and scanning for possible arbitrage opportunities.

  • Do I need separate license for each exchange on ARBI Bot?

Yes, each exchange requires a separate license.

  • Can I transfer or sell my ARBI Bot license?

No. Transfers and change of ownership of the license is not allowed but user can switch their API keys at any time.

  • How much will I earn by using the trading bot software?

There is no set profit or guaranteed returns in using ARBI Bot. Trading bots automates tasks based on the user provided parameters. The end results depends on current market conditions, your actions, skills and management.

Contact ARBI Bot

To reach out to ARBI Bot customer support you can email them ([email protected]bot.com) and they will get back in 24 hours. There is also  a private Telegram support group. The trading bot also has social media pages on Facebook, Telegram and BitcoinTalk page.

 

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Abhinav Agarwal 131 Articles
A blockchain enthusiast, my expertise extends to marketing and advertising through which I was able to help a few notable startups in generating initial traction. Follow me on Twitter at @abhinavagrwl94 and reach out to me at abhinav[at]coingape.com
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