The arbitrage bot is available exclusively to users with a Hero subscription. Please note that this tool is not recommended for inexperienced users due to its complexity.
Cryptohopper’s arbitrage bot identifies price differences for configured coins within a single exchange or across multiple exchanges, enabling users to capitalize on arbitrage opportunities.
This guide covers both the Exchange Arbitrage Bot and the Market Arbitrage Bot. For detailed information on specific settings, please refer to our dedicated guides for the Exchange Arbitrage Bot and Market Arbitrage Bot.
Exchange Arbitrage
This involves taking advantage of price differences for the same coin across two or more exchanges. To use this feature, users must connect their bot to at least two different cryptocurrency exchanges. You'll need to create accounts on all exchanges you wish to include and connect them to Cryptohopper via API to enable seamless automation of your arbitrage strategy.
Market Arbitrage
This strategy capitalizes on price discrepancies for the same coin within a single exchange, across different trading pairs.
Step-by-Step Instructions
Log in to your Cryptohopper account
Navigate to "My Bots" in your dashboard
Select "View All"
Click the "New" button to create a bot
At the bottom right corner of the bot selection screen, look for the text "Click here" to access the arbitrage bot options. It's very small and at first glance you might think it's not there.
You will see a warning message explaining that the arbitrage bot requires advanced knowledge
Review the warning message carefully and check the acknowledgment box
Click "Create Arbitrage Bot" to proceed
Your arbitrage bot is now created
Complete all required settings in the configuration panel and click "Save" to finalize
Important Reminders
Hero subscription is required
Not recommended for beginners
Always configure all settings before use
Save your configuration when complete
Users must already own the coins being traded, as the bot does not transfer funds between exchanges
Maintain sufficient quote currency (like USDT) balances on all connected exchanges
Arbitrage bots are only compatible with specific exchanges listed at Cryptohopper Exchanges
The bot does not handle fund transfers between exchanges, so users need to manually ensure sufficient coin balances across connected exchanges
Additional Resources
For a deeper dive into the specifics of Cryptohopper’s arbitrage features and setup processes, consult the following resources: