Can anyone tell me what is Spot-futures arbitrage bot?

Answer

Spot futures arbitrage bot uses the price volatility of coins to make profit by buying up short positions in the future market while holding the same amount in the spot market. This ensures that you get nearly 0 capital risk because if the price surges, then you can sell your spot positions to cover the loss accrued by your short positions. The bot makes money off of the funding fee that gets distributed to holders of short positions, you can check the funding fee in Binance or in the Pionex app.

For more information about Pionex spot futures arbitrage bot, read our in depth article here https://www.pionex.com/blog/pionex-arbitrage-bot/

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