Disclaimer: data from this service is provided for informational purposes and is not a financial advice.
Cryptomeet can determine arbitrage opportunities in cryptocurrency trading.
What is arbitrage?
It is deals aimed at extracting profit from difference in price of the same asset in different markets at the same time. Or simply speaking, buy on one exchange and immediately sell it on another one. Difference in price between markets is your profit.
Our service monitors 0 markets on 19 exchanges for 24/7 and automatically spots for you the most profitable arbitrage deals. Profitability from one deal starts from 2% and in certain cases can reach 10%.
- Exchange where cryptocurrency should be bought.
- Exchange where cryptocurrency should be sold.
- Link button to the currency pair.
- Time since the trading opportunity data was last updated.
- Price for buying this cryptocurrency instantly.
- Price for selling this cryptocurrency instantly.
- Daily trade volume for this cryptocurrency.
- Number of trades in the last hour.
- Spread, that is potential profit.
- Filter trading opportunities by the number of trades in the last hour.
- Filter max spread. Remember that high spread can be a result of technical difficulties, mistakes or manipulations by traders.
- Filter out unneeded exchanges.
- Choose website language.
- We recommend to sign up for as much exchanges as possible. You never know where awesome arbitrage opportunity can arise.
- Make sure to note 24-hour volume and number of trades in the last hour. If those values are too small you most likely won't be able to finalize the arbitrage trade in timely manner. This can leave you money in uncertain state.
- Keep in mind transaction times between different exchanges. Arbitrage opportunities are rarely relevant for more than a hour.
- You should check trading, deposit and withdrawal fees on both exchanges. Trade opportunity can be not as attractive with all applicable fees.
- Always check that the cryptocurrency is available for deposit/withdrawal on both exchanges before performing a trade. Large spread can be a result of technical difficulties with an exchange or a cryptocurrency.