I opened a test SF Arbitrage last week with ETH and it was around $2430 per ETH but ETH is now $2900+. Is this price gap good for me or a bad one for me?

Also, I hope to run it for one more week. Does this cover for the negative loss I am seeing in the Spot?

Answer

That is not the price gap. The price gap is the gap of price between the Spot market and the Futures market at the time you start the bot.

If your spot holding of ETH is having negative, the futures holding will be in postiive and they both should cancel out the profit.

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  3. Spot-Futures Arbitrage Bot(Aggressive mode)- App Version
  4. If there’s always a price difference in a token among exchanges, isn’t the price gap going to be positive relative to at least one exchange?How can a gap be negative?
  5. Is there a pionex dummy test account? How do I get access to the test account though
  6. In grid trading if we increase the grids although the profit per gird comes down but the chance of activating the grid in time goes up but at the same time we will pay more fees for trades done.From your experience which one is more significant “lower grids but bigger profit per grid” OR “more grids but lower profit per grid” ?
  7. Can you explain the pros and cons of changing the price gap control when setting up the trading bot? What is it and how does it work?
  8. Eg. I run this bot on ETH, and tomorrow ETH reaches its ATH. Will my base investment also rise? Or will I only get profit from arbitrage and price gap?
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