crypto-arbitrage

This repo is to figure out if one can profit by doing following steps:

1. Convert 10,000 USD to Coin X in Exchange 1.
2. Transfer Coin X to Exchange 2.
3. Convert Coin X to Coin Y in Exchange 2.
4. Transfer Coin Y to Exchange 1.
5. Convert Coin Y back to USD in Exchange 1.

Notes: Trading fees, funding fees and slippage are already considered in the calculation.

Install:

git clone https://github.com/dickenwong/crypto-arbitrage.git
cd crypto-arbitrage
npm install

Command:

node main.js \
    --exchange1=<Exchange1> \
    --exchange2=<Exchange2> \
    --bridgingCoin=usd
    --initialCoin=usd \
    --initialAmount=10000 \
# Currently supported exchanges:
# - bitfinex
# - bitstamp
# - cex
# - exmo

Result:

The format is [CoinX] <--> [CoinY] %Profit. For example:

BCH <--> ZEC  -3.15%  # Lose 3.15%
BTG <--> BTC  1.37%   # Earn 1.37%

Notes:

• Tickers are fetched by cctx (a great package for cryptocurrency data).
• Transaction time is neglected in this calculation.
• More profit can be achieved by lowering exchange trade fee (i.e. by a larger principal).

TODO / Posible improvement:

• Support more exchanges
• Consider transaction time
• (Test it in real life!)
• Find optimal principal USD amount for highest return
• Real-time monitor (websocket)
• Handle trading here