Binary Trading Bot with Arbitrage Algorithm


Authors : B. Aishwarya; K. P. Kavin; S. Abhinav; Krithikdharan

Volume/Issue : Volume 8 - 2023, Issue 11 - November

Google Scholar : https://tinyurl.com/4zyp49cf

Scribd : https://tinyurl.com/mrywtn86

DOI : https://doi.org/10.5281/zenodo.10164418

Abstract : The advent of algorithmic trading has revolutionized financial markets, introducing sophisticated strategies capable of capitalizing on market inefficiencies. Our project presents a novel trading bot that leverages an arbitrage algorithm to identify and exploit price discrepancies in different markets, thereby achieving risk-free profit opportunities. Our trading bot employs real-time market data collection from multiple exchanges, scrutinizing the prices of the same asset across different platforms. Upon detecting a significant price gap, the bot swiftly triggers trades to buy the asset at the lower-priced exchange and simultaneously sell it at the higher-priced exchange. Careful risk assessment, accounting for transaction fees, slippage, and transfer times between exchanges, ensures the profitability of each arbitrage opportunity.

Keywords : Arbitrage, Real Time data, Scrutinize.

The advent of algorithmic trading has revolutionized financial markets, introducing sophisticated strategies capable of capitalizing on market inefficiencies. Our project presents a novel trading bot that leverages an arbitrage algorithm to identify and exploit price discrepancies in different markets, thereby achieving risk-free profit opportunities. Our trading bot employs real-time market data collection from multiple exchanges, scrutinizing the prices of the same asset across different platforms. Upon detecting a significant price gap, the bot swiftly triggers trades to buy the asset at the lower-priced exchange and simultaneously sell it at the higher-priced exchange. Careful risk assessment, accounting for transaction fees, slippage, and transfer times between exchanges, ensures the profitability of each arbitrage opportunity.

Keywords : Arbitrage, Real Time data, Scrutinize.

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