Crypto Market - Arbitrage Bot (Arbitrage-Bot)
Cryptocurrency is still a new and inefficient market. Several Cryptocurrency exchanges exist around the world and the bid/ask prices they propose can be briefly different from an exchange to another. The purpose of Arbitrage-Bot is to automatically profit from these temporary price differences while being market-neutral.
Arbitrage-Bot uses the most popular open-source trading library ccxt in order to find best price spread on the market.
WRITTEN BY: Andrei Zgirvaci
CONTRIBUTE: Contributions are always welcome!
If you can, please take a minute to star this repo and follow me, It will be much appreciated!!!
Requirements
- python version 3.7.0 installed
Installation
git clone https://github.com/MD3XTER/Arbitrage-Bot.git
cd Arbitrage-Bot
pip install ccxt
python3 arbitrage_bot.py
Usage
First, you need to specify the markets you are going to target. Here is a list of supported markets by the ccxt library:
exchanges = [
"binance",
"bittrex",
"hitbtc",
"poloniex",
"exmo",
"bitmex",
"huobi",
]
In order for the bot to be able to fetch market data, it needs an API Key and a Secret Token for each market you are going to target:
exchangesData = {
"hitbtc": {
"apiKey": "",
"secret": "",
"transactionFee": 0.001
},
"binance": {
"apiKey": "",
"secret": "",
"transactionFee": 0.001
},
"bittrex": {
"apiKey": "",
"secret": "",
"transactionFee": 0.0025
},
"poloniex": {
"apiKey": "",
"secret": "",
"transactionFee": 0.0025
},
"exmo": {
"apiKey": "",
"secret": "",
"transactionFee": 0.002
},
}
Secondly, you need to specify for which symbols should the bot look, here is a list of the most common ones:
symbols = [
"ETH/USDT",
"XRP/USDT",
"BTC/USDT",
"BCH/USDT",
"DASH/USDT",
"XMR/USDT",
"LTC/USDT",
]
You can also specify min spread and min profit that you are interested in:
min_spread = 1
min_profit = 0
Take in mind that there are two ways to create buy orders: create_market_buy_order and create_limit_buy_order. You should decide for yourself what method fits you better.
For more information on how each method works, take a look at the official ccxt documentation.