11 BEST Crypto Arbitrage Bots: Bitcoin Arbitrage Bot 2024

A detailed study of the best Crypto Arbitrage Bots in the market with features. Quickly learn how to trade with these bitcoin arbitrage bots on these platforms:

Market arbitrage, also called triangular trading, lets you trade crypto from one exchange to another by capitalizing on pricing differences between the same coin or pairs on different exchanges. These differences happen all the time, whether due to exchange inefficiencies or other reasons.

Most crypto trading opportunities, the profitable ones, occur within a short period and it is hard to notice any without software. Trading bots use high-frequency trading tactics that rely on algorithmic and artificial intelligence. One such is arbitrage bot trading.

This tutorial discusses arbitrage trading bots and the top crypto arbitrage bots you can employ and even how to trade with cryptocurrency arbitrage bots on these platforms. These platforms support grid bots, margin trading bots, futures or long and shorting bots, and other types of smart trading bots as well, in addition to arbitrage bots.

Crypto Arbitrage Bots – Review

Amount of crypto owned by people using crypto trading bots:

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How Cryptocurrency Trading Arbitrage Opportunities Arise

Real-time pricing at any cryptocurrency exchange is the price of the most bid-ask orders matched orders on that exchange. These bid-ask prices are different for each exchange due to differences in investor demand on these exchanges. These exchanges rely on centralized order books.

Automated market-making systems are different from decentralized crypto exchanges. Instead of centralized order books, the exchanges rely on a liquidity pool. Each pair has its liquidity pool.

Types of Crypto Arbitrage Strategies

You should check the type of arbitrage trading supported on the bot. Some support more than one type.

1. Cross-exchange arbitrage: Buying crypto on one exchange to sell on another.
2. Spatial arbitrage: Same as above, but exchanges are located in different regions.
3. Triangular arbitrage: Trading loops and moving funds between two or three digital assets to capitalize on price discrepancies of one or two cryptos.
4. Decentralized exchange: Arbitrage involves the use of smart contracts and is done on or across decentralized exchanges.
5. Statistical arbitrage: This cryptocurrency arbitrage bot relies on mathematical models and trading bots. It uses econometrics, statistical, and computational techniques to trade crypto.
6. Spread arbitrage relies on price spreads between buying and selling prices across exchanges.

Why Do Crypto Arbitrage

It is low-risk because it relies on already identified opportunities to generate profit. No predictive analysis is needed. Plus, trades can also be entered in seconds. The latter means risk exposure is very low.

However, traders need to pay higher fees than in predictive trading. This may eat into profits. They are also time-sensitive. They can also be affected by Anti Money Laundering checks, blockchain transaction speed/time, and offline servers. Funds can also be susceptible to a security risk by way of hacking.

List of Top Crypto Arbitrage Bots

Popular Bitcoin Arbitrage Bots list:

1. Coinrule
2. ArbitrageScanner.io
3. SMARD
4. OctoBot
5. Cryptohopper
6. Bitsgap
7. WunderTrading
8. Botsfolio
9. DipSway
10. PixelPlex
11. Gimmer
12. Quadency
13. HaasOnline
14. MultiTrader.io
15. Trality

Comparison Table of Some Bitcoin Arbitrage Bots

Detailed reviews:

#1) Coinrule

Best for beginner bot traders and diverse strategy customization

Coinrule lets you trade crypto across the top 10 most famous exchanges using arbitrage trading strategies, all without the need for coding. You can decide to use pre-built rules or trading strategies and kick start trading within minutes of opening the account, or device your strategies from scratch (and run demo trades with them for free).

Thus, this Binance crypto arbitrage bot is suitable for beginners and advanced traders alike.

Founded in 2017, the crypto arbitrage bots website or platform has 150+ template strategies you can start with. After signing up and connecting to an exchange of your choice, choose a template with modifiable strategies. You can create new rules on these templates, including stop-losses, buying the dip, price-based accumulation, rebalancing, and many more.

How arbitrage trading works on Coinrule:

• Sign up, log in, and connect an exchange of your choice to the bot.
• Create your strategies for trading. Choose parameters to devise a strategy, verify it, and launch the bot for trading.
• Track histories and performance.

Features:

• Exchanges supported include Bitfinex, Binance, BitMex, Bitpanda Pro, Bitstamp, Bittrex, Coinbase Pro, HitBTC, Kraken, Liquid, and Poloniex.
• iOS and Android mobile apps as well as web access.
• Guides on using bots and general trading.
• Leverage strategies are available for Hobbyist plans and above. The starter has limited live rules allowed (2), 2 demo rules allowed, 7 template strategies allowed 1 exchange allowed to connect, and up to $3,000 trading volume.
• Support from customer service.
• No backtesting but the demo exchange lets you test your strategies.

Pricing/charges: Starter is free for up to two rules; Hobbyist $29.99/month or $359 per year; Trader package $59.99/month or $719 annually; Pro package $449.99/month or $5,399 annually. Lifetime free plans are also available.

#2) ArbitrageScanner.io

Best for Manual bot that operates in the cloud.

With ArbitrageScanner.io, you get a scanner that can track arbitrage spreads between 40 blockchains and more than 75 DEX and 25 CEX exchanges. Unlike other bots out there, ArbitrageScanner.io arms you with a bot that doesn’t connect to your exchanges via API. What you get is a fully manual bot that operates in the cloud, thus ensuring optimal safety to users.

The bot itself is very easy to use. You will have absolutely no issue setting up templates. Depending on the plan you’ve chosen, you get access to a dedicated personal manager who’ll help you use the bot to its fullest potential. You can count on the personal manager to provide you with guidance on which currencies to exchange, how to manage capital, etc.

How to Use ArbitrageScanner.io

1. Register and open your personal account
2. Add an exchange or crypto-coin to the bot to track the price differences between exchanges regularly.
3. Set up a notification templates
4. Choose a percentage and volume from which to get a notification
5. Select the telegram channel where you would like to receive the notification.

Features:

• Manual Bot with no API request necessary
• Supports over 75 exchanges.
• Connect to any token and exchange for seamless tracking
• Free training and access to closed community where participants share their experiences provided.
• Get latest market insights on projects you are interested in via the ArbitrageScanner.io Message feature.

Price: ArbitrageScanner.io adheres to a flexible pricing structure. The plans offered are as follows:

• Test: $69/30 days
• Pro: $199/30 days
• Expert: $399/30 days
• Guru: $1199/30 days

#3) SMARD

Best for fully automated spot and futures trading.

SMARD is a trading enhancement tool that monitors the market and provides execution signals at the right time, avoiding market holes and earning more than natural asset growth allows.

The key advantage of SMARD is that it requires no effort or knowledge of the crypto space or programming. The program automatically decides when, how much, and in which instrument to invest. At the same time, the user has full control over their money. The funds remain in the client’s Binance account.

Payment for the service is tied to the result of the client. In the market, almost no one is ready to be responsible for the result at the price of their own profit. Most often, there are monthly fixed fees according to the tariff or percentage of the portfolio size, which users have to pay regardless of whether they made a profit or lost. But at SMARD, there is a monthly access fee of 10% of the client’s profits only, which guarantees a high level of motivation for achieving high trading results.

Features:

• SMARD’s track record speaks volumes, with an annualized return of 40% based on real historical data and a consistent average monthly return of 3.7%.
• In the long term, SMARD outperformed Bitcoin by over 200% and Ethereum by over 300%.
• Strategies capitalize on the momentum effect proven by scientific research. This approach allows SMARD to consistently identify promising “winners” in the market and generate significant returns.
• The SMARD approach is characterized by prudent risk management. The software avoids excessive exposure to risk, refrains from using leverage, applies stop-loss mechanisms to protect investments, and works exclusively with highly liquid assets.
• The strategy maintains flexibility by dynamically adjusting position size to control risk on each trade, offering a prudent and adaptive approach to investing.
• SMARD simplifies the user’s work by providing them with pre-configured settings for their trading bot, eliminating the need for extensive trading knowledge or programming skills.
• Detailed statistics on current positions and transaction history are available in clients’ personal accounts, ensuring transparency and understanding of investments.
• Minimum initial investment is 1000 USDT

Price:

• Start without upfront payments
• Service fee: 10% monthly fee charged on profits only
• Minimum fee to access: $1

#4) OctoBot

Best for supports 12+ exchanges.

OctoBot presents you with a trading bot that operates on the strategies you choose. You can either choose from a preset strategy or create your own from scratch. You can further optimize your trading through backtesting. The trading strategies can also be improved by integrating AI analysis. A highlight of OctoBot is the fact that it is open source. 

How it Works:

1. Choose from the strategies presented to you’
2. Select a crypto exchange
3. Track your gains via the OctoBot dashboard. 

Features:

• Create and optimize trading strategies
• 12+ Exchanges supported
• Integrate AI analysis into your trading strategies
• Partake in SPOT and futures market. 
• Advanced Grid trading

Price: OctoBot offers the following pricing plans:

• Essential: $48/month
• Standard: $96/month
• Ultra: $185/month

#5) Cryptohopper

Best for spot and futures traders alike.

Cryptohopper is a crypto arbitrage bot as well as a portfolio management app for crypto traders. It supports the trading and management of over 100 cryptocurrencies.

To trade on arbitrages, the bot or application lets users connect the exchanges supported through API keys. Using price tracking, users can track prices in real-time and then act by placing timely trades.

The bot which uses artificial intelligence, lets users copy trades from other users on the platform or crypto arbitrage software.

You can use in-app chat features to discuss trading strategies, subscribe to trading signals, buy strategies, and buy bot templates, all without expert trading or coding skills. It works for asset managers, miners, mining pools, service providers, individuals, and advanced traders.

How arbitrage trading works with Cryptohopper:

The bot automatically searches for arbitrage trading across cryptocurrency exchanges once you have funds in a connected exchange and you have the Exchange Arbitrage feature enabled.

It lets a user trade price differences between exchanges without withdrawing crypto from those exchanges. That means you do not need to transfer funds in exchange for another before trading.

• Sign up and log in at Cryptohopper.
• Sign up or in on one supported exchange of your choice and create API keys from the exchange settings. Deposit on the exchange and connect it to Cryptohopper using the API keys. Switch on the Exchange Arbitrage feature from Cryptohopper.
• Select bot settings, either follow the trades of others or create your own. Set the bot.
• Click Signals from the dashboard to see whose signals to follow or buy. Device and copy arbitrage strategies, etc.

Features:

• 16 exchanges supported included Binance, Bybit, OKx, EXMO, Kraken, Crypto.com, and others.
• iOS and Android apps as well as a web application.
• Dollar-cost averaging, market-making opportunities.
• Free charting.
• Short selling, meaning you can trade cryptos even at falling prices.
• Free trial for seven days on the starter package.
• Backtesting strategies.
• Account advisors.
• Support, an academy with certification courses, transaction tracking, etc…
• Trade with dummy balances depending on the exchange chosen.
• Offers trading gift cards, etc.

Pricing/cost: Pioneer plan is free. Explorer starter package- $16.58 or $19 per month; Adventurer – $41.58 or $49 per month, Hero – $83.25 or $99 per month paid annually or monthly.

#6) Bitsgap

Best for starters and advanced users alike.

Bitsgap is probably the best Bitcoin or crypto arbitrage bot for beginners who want to trade crypto because it comes with prepared proven trading strategies to start trading without having to buy any or perhaps device from scratch. Advanced traders can still do the latter.

Bitsgap supports arbitrage trading via APIs through which crypto exchanges are hooked to the bot. The arbitrage bot Bitcoin software does not have access to the withdrawal feature of connected exchanges.

That means once arbitrage to buy and sell trades across exchanges are completed by the bot, users must do manual rebalancing. The user can specify pairs to trade or just specify a single cryptocurrency (as many as they want) and the bot will do a smart search to find all combinations of crypto and arbitrage opportunities.

The user needs to have funds on the connected exchange to trade. On clicking the Trade button, the Binance crypto arbitrage bot sends a buy limit order to the connected exchange and sell order to a second exchange where an arbitrage opportunity is identified. It can also work and vice versa.

The rebalancing is done by manually transferring money from the buying exchange (connected to the bot) to the sell exchange to cover the cryptocurrency purchased by fiat. You also need to transfer the money received from the arbitrage trade to the bank account, which takes up to 5 days.

The user can then transfer funds again to the buying exchange to do another trade. Since 2017, a total of 3.7 million bots have been launched.

How arbitrage trading works on Bitsgap:

• Sign up and log in.
• Click or tap (on mobile app) bots. Check the best opportunities already on the account. The trading opportunities are based on three days of backtesting by Bitsgap.
• You can also set up your backtests.
• Start the bot and then tack profits.
• You can also test the bot in demo mode before investing real money and more time.

Features:

• 25+ crypto exchanges including Coinbase, Binance, Poloniex, Kraken, and Bitfinex.
• iOS, Android apps as well as web applications.
• Arbitrage with fiat pairs.
• Track trading histories for all arbitrages.
• Demo or paper trading. Account has real live market exchanges.
• Other trading bots — futures trading bots, DCA trading bots for hodlers, and grid bots.
• Automated portfolio management, smart algorithmic orders, over 175 TradingView indicators, cloud trading, and email and live support.
• Pre-defined strategies based on backtested results.
• Multiple trading pairs.

Pricing/cost: Starts at $24 or $29 per month paid in 6 or one month; $57 per month on the Advanced package; $123 per month on the PRO package.

#7) WunderTrading

Best for: User-friendly Advanced terminal

WunderTrading makes it to our list for two major reasons. First is the ability it grants you to develop a fully automated trading bot. You don’t need to a skilled programmer to create and automate a trading bot using this platform. The platform comes fully integrated with TradingView, thus making the job of creating trading bots very simple. 

On the other hand, the tool is excellent for arbitrage trading. The platform presents you with enough information to explore arbitrage opportunities across different markets. Based on this information, you can execute a trade instantly for profits. You get a user-friendly arbitrage terminal to help you with successful trading. 

How WunderTrading Works:

1. Register and create your WunderTrading account
2. Link this created account with any supported exchange with API keys.
3. Once connected, start creating a bot.

Features:

• Create DCA bot
• Trade across multiple exchanges simultaneously
• Create GRID bot
• Paper Trading
• Crypto Portfolio tracker

Price: WunderTrading offers the following subscription plans

• Starter: $4.95/month
• Basic: $ 19.95/month
• Pro: $ 39.95/month
• Premium: $ 89.95/month

A forever free plan is also available, which allows you to start copy trading for free.

#8) Botsfolio

Best for futures bot arbitrage trading, fixed return investing, and multiple bot strategies.

Botsfolio allows you to use a value investment strategy that involves buying assets at a discount to their inherent worth, a hedged trading strategy, futures trading, and a fixed investment strategy that features fixed returns from 6% to 8% per year. You can also invest in a mix of these strategies with allocation amounts determined by you.

The platform actually blends multiple bots that can work simultaneously after the user allocates funds to each. These include Scalper bot, Long bot, Swinger bot, Trendy bot, and Hedge or futures trading bot.

In other words, Botsfolio allows you to invest money in multiple strategies at the same time. You can edit the amount of allocation to each bot manually. One advantage is you get to trade both sides of the market falling and rising prices. Another advantage of running multiple bots simultaneously is it minimizes trading risks while optimizing earnings.

The crypto trading bot platform features the ability to device custom trading strategies, portfolio balancing, and management options, as well as pre-set strategies that allow a user to kick-start trading with minimal time.

How arbitrage trading works with Botsfolio bot:

• Sign up, log in, and connect your account to a crypto exchange supported by the platform.
• Decide an investing goal by answering a few questions. Set a risk profile. Choose a bot. Bot figures out a strategy based on your investment plan and risk profile or you can devise your strategy.
• Start trading.

Features:

• Supports Binance, Coinbase, and FTX crypto exchanges.
• iOS and Android mobile apps in addition to web apps.
• Ability to check bot progress from the dashboard.

Pricing/charges: $5 per month for trading volume between $1,000 and $3,000. $10 per month for between $3,000 and $10,000 volume. $15 per month for between $10,000 and $50,000 volume; and $20 per month for volumes above that limit.

15% of trading profit is charged as trading fees every quarter.

#9) DipSway

Best for AI-based trading.

DipSway is a trading bot that leverages AI to automate the process of buying and selling cryptos. Once launched, this bot will operate 24/7. It analyzes the market and presents you with the best time to buy and sell. 

It is also built to execute 16+ trading strategies. The bot is also highly adaptable as it can adapt the algorithm to your preferences with take-profit and stop-loss. 

How to Trade Using DipSway:

• Start by creating an API key with read and place trade permissions within your exchange account. 
• On DipSway, upload the API and connect with your exchange account
• Turn on the bot and start monitoring your exchange account’s performance.

Features:

• High frequency trading
• 121+ Indicators offered
• Advanced Risk Management
• Unlimited trading
• Runs backtests of all trading strategies
• Custom walk forward analysis

Price: DipSway offers 3 plans. Its starter plan costs 19.69 euros/month. It’s Enthusiast and Whale plans cost 59.69 euros and 129.69 euros respectively.

#10) PixelPlex

Best for risk management and strategic customization.

PixelPlex’s crypto or Bitcoin arbitrage bot helps users to customize strategies, and execute low-risk transactions and can be used by a beginner to advanced traders as well as market makers, banking, businesses, and all investors.

It helps them to define their trading goals through strategies and to meet them through automated trading using smart algorithms. It is capable of statistical arbitrage, triangular, and decentralized arbitrage.

It lets you connect exchanges of your choice and the platform or crypto arbitrage software has trading liquidity for any cryptocurrencies you choose to trade. It simply checks and obeys the trading strategies you have set.

The bot can be deployed through the cloud or on-premises. It has in-built risk management tools. The company also has a quaint team that can draft algorithms customized to specific trading challenges for individuals, groups, and firms. These will have custom features to achieve set goals.

How arbitrage trading works on PixelPlex:

• Sign up and log in.
• Set and customize min/max profit, trading amount, equalizing threshold, etc. In other words, set up a strategy.
• The bot starts to work.
• The user either continues to use it, uses more strategies, etc.

Features:

• Supports Kraken, Bittrex, Binance, Coinbase, and many other exchanges.
• Android and web app.
• This arbitrage trading crypto bot has risk management put in place. Responds to high volatility and liquidity variations, and is driven by stats.
• Capable of triangular trading by detecting three discrepancies in crypto pair price differences across multiple exchanges.
• Trade up to 100 trades a minute. It is designed for short-term deals.
• Decentralized arbitrage based on smart contracts.
• Profit percentage calculations.
• Unlimited trades. Global-scale trades.
• Comprehensive trade reporting, bot performance management, account history, etc.
• Other products include CryptoAPI to connect dApps, portfolio management apps, and business management systems. The company also offers blockchain consulting and development, tokenization, app development, and web development.

Pricing/cost: Not available.

#11) Gimmer

Best for strategy renting and trading.

Brazil-based Gimmer arbitrage trading crypto bot was started in 2017 and allows any user including non-experienced traders, to place automated crypto trades using algorithmic bots. The ecosystem has its own token called Gimmer or GMR, which can purchase trading bots.

If you are an experienced trader on the platform, make use of your skills to devise your own trading strategies and win more profits. Nevertheless, inexperienced traders can rent out expert trading strategies from experienced users.

The Gimmer Bot Store is the store for these trading bots. A user can still rent an arbitrage bot and customize it further with more indicators and safeties. You can also send a rental price for a bot.

In addition to the arbitrage bots for Bitcoin, you also get lending bots and ordinary automated crypto trading bots. The exchange supports spreads, scalping, margin trading, auto trading, and more.

How arbitrage trading works on Gimmer:

• Download app. Sign up and log in at Gimmer and with a chosen exchange supported by Gimmer. Choose a risk profile. Strategies and bots can be based on your chosen risk profile.
• Deposit money on the exchange and create an API to connect the exchange account to the bot on Gimmer.
• On Gimmer, click Select Bot from the dashboard. Select a strategy and create a bot. Run a backtest with default strategy and bot. Modify the bot by clicking Edit. Set a risk profile. Backtest the new strategy before applying. Apply the settings and the arbitrage bot for Bitcoin starts trading. Create more than one strategy.
• Device a custom trading strategy on Gimmer, rent a strategy, or other. Switch on the trading bot. It automatically looks for arbitrage trading opportunities across exchanges. It transfers crypto between exchanges, buying and selling to profit the owner.

Features:

• OKx, Kraken, Binance, Bittrex, Huobi, BitMex, Bitfinex, Poloniex, and other exchanges.
• Works for Windows, Mac, and Linux. No mobile app.
• Margined trades.
• Integrated social trading platform for users to share, learn and earn.
• Integrated wallet to hold the Gimmer tokens. Back up account or wallet from profile.
• The Bitcoin arbitrage bot connects to many exchanges including Poloniex, Bitfinex, Bittrex, etc.
• DApp helps device trading strategies easily using point and click features.
• Backtesting of strategies. The simulator lets you test a strategy in real-time.
• A free standard automated trading bot with one indicator, one safety, one pair, and no leverage supported.
• Trading tutorials, support, etc.

Pricing/cost: $25 per month get 20 days of VPS, 400 GMRS coins, and make the most of the six trading strategies; $71.25 get 2 months of VPS, 900 GMRS coins, with a 5% discount; $135 per year for over 8 months of VPS, 1200+ GMRS with a 10% discount applied; $255 per year for 2000+ GMRS.

#12) Quadency

Best for starters without strategy building or customization skills, as well as advanced users.

Quadency trading bots are also suitable for beginners since they come with ready pre-build strategies for trading in a few minutes. The platform lets you customize and backtest popular strategies, including arbitrage trading strategies you can then backtest and apply in live trading. You can build yours in the Python language.

Quadency lets you benchmark the performance of the trading bot against buy-and-hold strategies, in addition to entirely automating trades. The platform offers multiple bots that a user can start using after opening an account. These include MACD, Mean Reversion, Bollinger Bands, DMAC, Multilevel RSI, Market Maker, Smart Order, and DCA.

Advanced bots like Rebalance, Grid Trader, Market Maker Plus, and customizable TradingView are also available on the platform. Once you select the bot needed, you can configure parameters, which means setting an exchange, name, account, trading pairs, and other things.

You can backtest it (unless it relies on a real-time order book and cannot be backtested), and run it on Live mode.

How arbitrage trading works on Quadency:

• Sign up or create an account.
• Link your Quadency account with the crypto exchange of your choice as long as it is supported on the platform.
• Click or tap the Bots tab to see the available bots to use. Click or tap My Bots to manage your Binance arbitrage bots. You can also click on the Available bots to see all that is available.
• Choose a bot or create yours based on real-time or candle-based algorithms.
• You can backtest strategies and start trading with the bot.
• 6 months free Pro Plan is available for those linking their accounts with partners. Check the list of partners.

Features:

• Supported exchanges include Binance, Bittrex, Kraken, KuCoin, Coinbase, OKx, Gemini, HitBTC, Liquid, Bitfinex, and Poloniex.
• No mobile app.
• Rich library of trading strategies.
• See open positions, limit orders, and trade histories as made by the bot.
• Run multiple bots at a time – up to 20 bots.
• Choose from pre-built popular strategies and customize them. Go live within two minutes.
• Portfolio tracking and analytics for accounts across multiple exchanges and apps.
• Charting for manual trading or with different trading order types. Mobile apps (iOS and Android).
• Quad token for better trading experience, DeFi, and CeFi.
• No margin trading.

Pricing/charges: Free HODL plan, Pro Plan starting from $39 or $49 per month, paid annually or monthly, respectively. $199 for the institutional package (50% discount when you sign with a referral code).

#13) HaasOnline

Best for developers, beginners, and advanced users looking for diverse strategies.

Owned and run by HaasOnline, HaasBot is a trading robot that has been in operation since 2014. It features a 14-day trial license allowing you to test any trading bot of your choice. Plus, the minimum deposit is $250, and it supports USD, EUR, GBP, and CHF currencies. It offers three subscription plans accessible to advanced, beginner, and simple users.

Besides, it offers a wide selection of trading bots, including Standard Trade Bot, Inter-Exchange HaasBot Arbitrage, and the HaasBot Order Bot, and there is no limit to trading size. On these bots, you can use HaasScript to craft complex technical indicators, trading algorithms, and signals.

How arbitrage trading works on HaasBot:

• Sign up and choose the type of account. Connect an exchange to the platform.
• Choose pre-made strategies or craft one. Backtest the strategy.
• Start trading.

Features:

• Supports Binance, Poloniex, BitMex, and OKx crypto exchanges.
• Works on Windows, Linux, macOS, and VPS servers. No mobile app.
• Developer license to test and delegate trading robots on machines and see how they work.
• Backtesting of strategies. Charting tools. Customer support.

Pricing/charges: Beginner 0.009 Bitcoins, Simple package 0.016 Bitcoins, Advanced 0.026 Bitcoin.

#14) MultiTrader.io

Best for beginner bot users.

MultiTrader specializes in arbitrage trading, unlike many other bot platforms that have multiple other bots as well. Users gain access to market information and can do analyses of potential arbitrage in order books. In other words, you can search for pairs across multiple exchanges that you can trade and make arbitrage profits.

Besides, you can customize your bot parameters and test them to optimize the settings. The feature uses historical data for simulation and can run several times in a day.

Concerning arbitrage trading, the bot uses three strategies, including spread trading, auto rebalancing, and the basic form of arbitrage trading. Spread trading relies on price spreads for cryptos being traded. Auto rebalancing takes advantage of the ability to make multiple trades that have small profits instead of waiting for a few that have huge profits.

How arbitrage trading works on MultiTrader:

• Sign up, log in, and connect your account to a crypto exchange supported by the platform. Deposit in your connected exchange.
• Choose your type of bot and start trading.
• Monitor trading performance and do necessary changes if needed.

Features:

• Supported exchanges are Bittrex, Bitfinex, Coinbase Pro, Binance, Poloniex, Kraken, Gemini, Luno, Bitpay, Upbit, Coinone, Bitstamp, Cex.io, YoBit, and Kucoin.
• iOS and Android as well as web platforms.
• Backtesting of bot parameters.
• Use tools to monitor trades, bots, and their outcomes. Check trade histories too.

Pricing/charges: Free.

#15) Trality

Best for copy trading or creating custom trading bots.

Vienna-based Trality provides investors with access to the most advanced crypto trading bots in just a few clicks. Founded in 2019 by Dr. Moritz Putzhammer and Christopher Helf in response to the volatile and mostly unpredictable crypto market, Trality exists to bring fully automated investment portfolios to all who need them.

By combining the expertise of Python programmers with the latest developments in Artificial Intelligence (AI), Trality offers a full range of market-beating bots for all conditions, enabling investors to maximize profits while minimizing risk.

Investors can rent profitable bots tailored to specific risk tolerances and individual investment goals without having to code complicated algorithms, while bot creators can monetize their bots and earn passive income from investors around the world—all on Trality’s Marketplace.

How crypto arbitrage trading bots work on Trality:

• Rent profitable arbitrage bots on Trality’s Marketplace.
• Create, backtest, and optimize custom arbitrage bots with the Python Code Editor or Rule Builder.

Features:

• Trality’s proprietary Bot Optimizer
• Margin trading functionality
• Binance-backed Trality Wallet
• Trality Rule Builder
• Trality Masterclass
• Mobile app (iOS & Android)
• Bonus programs (friend referral and Wallet bonus)
• Margin Trading Competitions

Pricing/charges: FREE monthly plan (for up to $5,000 trading volume); 9.99 Euro (for 25,000 Euro trading volume); to 59.99 Euro (unlimited trading volume) and annual 0 Euro to 575 Euro.

Arbitrage Bot Trading FAQs

Conclusion

Arbitrage trading is of many types, including cross-exchange arbitrage, spatial, decentralized exchange, statistical, spread trading, and triangular trading. Most bot platforms employ more than one of these and maximize customer profitability.

Many bot trading platforms will have free plans or trial periods or allow you to test their services for free, which is really good. However, the best crypto trading bots have copy trading and social trading, allowing you to subscribe to trade strategies from experts or sell signals yourself.

Then risk management is so important to minimize potential losses. Be sure to go for a platform that allows you to invest in multiple bots simultaneously and to freely and easily customize strategies using templates and such tools.

If you are looking for a custom arbitrage trading bot, we suggest those that have pre-loaded and backtested strategies in the case of beginners, but sooner you will find the need to customize the strategies.

This means advanced traders are better with those that let them customize strategies and device them from scratch and/or buy from or sell to other users. The best crypto arbitrage bots trading platforms have bot markets but are also manageable in terms of cost or pricing.

PixelPlex which uses triangular and decentralized exchange, Gimmer comes with other features like a crypto wallet band free Gimmer token offers as well as margined trading. Beginners without skills in code trading strategies find it easier to use Quadency, Bitsgap, and Coinrule.

Pionex doesn’t charge anything as does MultiTrader which is also excellent for running multiple bots simultaneously. Botsfolio and many others also let you run many bots simultaneously to optimize profit-making.

Cryptohopper and Trality are for traders looking for more diversity in professional trading strategies from pro traders. Pro traders can also sell signals there.

Also Read =>> Best Crypto Trading Bots

Research Process:

• Trading bots initially listed for review: 20
• Trading bots actually reviewed: 11
• Time is taken to review: 48 hours.