A million dollars isn't cool. You know what's cool?

it's not just about the pleasures of conformity, and the importance of trends, it's also a personal statement about the band itself!


This is an automated trading program that detects pairwise and triangular arbitrage opportunities on altcoin/bitcoin exchanges. Compared to other bots out there, this one is fairly high-frequency (can trade up to once every 30 seconds or so).

This one handles a lot of the nasty market microstructure calculations like order volume sizing in illiquid orderbooks, transaction fees, situations where an orderbook is reversed, etc. It is easily extendible to support more exchanges and strategies.

Source code on github

Is it profitable?

I have made some money off of it, so yes. But automated order submission and confirmation have not been implemented.

Why are you giving it away for free?

How do I use it?

Warning: I am not responsible for any losses you incur using this program. You should not run this without looking at the source code for the entire program and running the paper trading/backtesting framework first.

This program comes with two strategies. The first one is pairwise arbitrage, in which the price difference between a currency pair A_B between two different exchanges is exploited via instantaneous arbitrage (to circumvent 2 hour delay in blockchain confirmation). The nice thing about trading altcoins with altcoins is that you don't have to muck around (yet) with financial regulation or set up brokerage accounts or deal with exorbitant fiat withdrawal fees from the small number of exchanges who support it (of which the bid-ask spread is low anyway).

Run one of the following scripts: - runs real-time paper or live trading. - gathers and caches live market depths to be played back for backtesting - runs backtest of trading strategies on gathered data

The second strategy is triangular arbitrage. It is nice because it can often be carried out on one exchange (i.e. such as CoinEx) and thus circumvents the time taken for blockchain confirmation (i.e. you can use new securities immediately).

The equivalent scripts are,, and, respectively.

Put your secret keys in Keep those safe.

Is there any documentation?

My code is sprinkled with liberal amounts of comments, for better or worse.


Some exchange access APIs included in this source code were not implemented by me.

If you find this program useful and would like to donate, I accept Bitcoin and Dogecoin!

BTC: 1MLX2kMhTSRiq3Uz7R2JsECreuQEmofQy6