Interexchange arbitrage bot
SpotTradingBot it automated trading tool designed to execute spot trades on cryptocurrency exchanges, specifically Binance and ByBit. This bot is designed to perform inter-exchange arbitrage and maximize profits by taking advantage of price differences between different exchanges.
Main functions:
Inter-Exchange Arbitrage: The bot actively monitors Binance and ByBit prices, as well as other market parameters, to identify arbitrage opportunities. It automatically detects price differences and executes trades on exchanges to profit from the differences price.
Advantages:
Profit Maximization:
The bot allows you to maximize profits by taking advantage of the price difference between Binance and ByBit exchanges.
Automation:
You are freed from the need to monitor the market 24/7, since the bot works automatically.
Management of risks:
The bot monitors the last trades it has made and compares the prices of the latest trades before opening new ones
Usage:
SpotTradingBot is designed for traders and investors who are looking for ways to increase their profits and diversify their portfolio using inter-exchange arbitrage.
Installing
Instructions for installing and configuring the SpotTradingBot To manage the Binance P2P bot software, you need to create and connect a telegram bot
1. Registering a new Telegram bot
Detailed instructions for registering a new telegram bot: https://py-dev.top/en/registering-telegram-bot
The resulting API key for your telegram bot will need to be copied and added to the config.py configuration file located in the bot folder
Example: BOT_TOKEN = '5017012087:AAGXATlZLS3l25SxVbXIxXVcOPNqkT1Q5ig' # token BotFather
2. API keys to connect to Binance
We create or take existing API Key and Secret Key to connect to the Binance API on the binance website in your account in the section - API Management
3. API keys to connect to ByBit
We create or take existing API Key and Secret Key to connect to the Bybit API on the binance website in your account in the section - API Management
APIKey and Secret Key also need to be copied and added to the bot configuration file config.py
4. Install Python
Detailed instructions on how to install Python on Windows: https://py-dev.top/en/installing-python
Go to the settings of the bot itself
Go to the C drive folder: In the folder of drive C: unpack the archive SpotTradingBot.zip
Go to the SpotTradingBot folder and click on the start.bat file to start the bot
Report:
20/09/2024 - Update: version 1.0.1
Added: Events that inform about the bot's actions on the exchanges, that is, on which of the exchanges a purchase or sale is being prepared when an arbitrage situation occurs
Similar developments:
P2P Trade Bot Binance https://github.com/pydevtop/p2p-trade-bot-binance
Additional Information
System requirements: Windows 10/11, Python 3.x.x
Buy a subscription to SpotTradingBot
https://py-dev.top/en/application-software/interexchange-arbitrage-bot-spottradingbot
Contacts
Telegram: @morgan_sql
Telegram channel: https://t.me/pydevtop