Hi! I’m setting up an arbitrage bot…can someone explain what price gap means please?

The default is -0.1 and some say 0.1 is better…thanks for your advice!

Answer

Price gap is gap between spot and market. If you open with positive, it means futures market is higher. Since your futures position is short, higher price will make your entries better

Opening with positive high gap and closing with negative is very good, but it will be covered by several funding fee if you failed to get perfect position. So not really worry about that i think

You can try to open with higher gap and wait a bit

get free trading bots now