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Been diving into crypto arbitrage lately and honestly the tools available now are pretty wild compared to a few years back. If you're looking to automate this stuff, there are some solid options depending on your skill level and budget.
For beginners who just want something straightforward, I'd check out the no-code platforms first. There's this one that focuses purely on scanning opportunities across like 75+ exchanges and 25+ decentralized platforms - supports cross-chain stuff too which is interesting. You get notifications and can set your own profit thresholds. Plans start around $69/month but they offer a 30-day trial.
If you want more hands-on control, there are AI-powered bots that let you customize everything - trading pairs, indicators, stop losses. The backtesting feature is actually useful for testing your strategy before going live. Mobile apps on both iOS and Android too. Starting at like $24-29/month range.
Then there's the free exchange-based option if you want to keep costs down - one major platform built arbitrage tools directly into their system so you don't need external software. Intra-exchange arbitrage is less risky since you're not moving funds between platforms.
For the more technical folks, there's open-source stuff you can self-host and customize however you want. But that requires actual coding knowledge and manual setup.
Honestly the crypto arbitrage scanner landscape has gotten pretty competitive. Most support the major exchanges and offer similar features now - grid bots, DCA bots, copy trading, demo accounts. The real difference is usually in the UI and how much hand-holding you need.
One thing though - arbitrage profits depend heavily on liquidity and trading volume. Smaller altcoins usually don't have enough liquidity across different exchanges to make it worthwhile. Sticking to major assets is the way to go if you're serious about this.
Anyone else running arbitrage bots? Curious what's actually working for people right now.