ARBITRAGE - is it still PROFITABLE?

[avatar_kiyoshi]

For now I do not think it is profitable, I would have to do operations almost in less than 20 seconds, in order to start winning, now those who can make it profitable are the bots, the human as such cannot do it, if he does it he has many chances of failing.

Indeed, who do not using a bot must compete with other bot traders, so it's not profitable. And there's no free bot that profitable, it costs money to buy the best bot.
Also arbitrage nowadays need extra cost for the fees that it's vary for every exchange.

[Shasha80]

For now it is no longer profitable, because now the growth of crypto is increasing rapidly resulting in an increase in users in each exchanges.
And this makes every exchange now has the same relative coin prices. Not to mention the difficulty of arbitrage calculation of the withdrawal
fees more expensive than before, be considered for arbitration. The other reason is that arbitrage requires very limited time, when we decide
to buy coins at one exchange and sell it at another exchange. Now it takes quite a long time, which is usually when we deposit it has lost faster
with bots. In the end the price hurried up, so we can not sell these coins. So from that see the reason that I have mentioned, for now is no
longer profitable to do arbitrage.

[conex]

Hello traders! I've been searching around and trying to find best sites which offer arbitrage data and explanations on how to do it.
What do you think, is it still possible to profit from arbitrage or are bots doing it nowadays?
Thank you for helping out in this matter!

Yes, its still profitable but the question is on how you do spot out these kind of rare chances? Arbitrage opportunity doesnt happen always and once you do able to
compare from exchanges to exchanges, one thing that you should consider always is on how fast you would able to execute such trade and as we all know that time is
crucial on here and also try to calculate on fees so that you will find out if you would able to make profits or not and also to the site you are asking, im not aware if it
does exist but for arbitrage explanation then doing a simple google search would already help you out.

Thank you for the thorough answer. So if i understand correctly these things are important when doing arbitrage:
1. finding the right pair and exchanges (tools like Arbitrage tool at https://newscrypto.io/)
2. calculate the fees
3. be sure there's enough volume?

[conex]

For now I do not think it is profitable, I would have to do operations almost in less than 20 seconds, in order to start winning, now those who can make it profitable are the bots, the human as such cannot do it, if he does it he has many chances of failing.

Indeed, who do not using a bot must compete with other bot traders, so it's not profitable. And there's no free bot that profitable, it costs money to buy the best bot.
Also arbitrage nowadays need extra cost for the fees that it's vary for every exchange.

Approx how much are these bots? How difficult is it to use them?

[DimitrisLodirogas]

Which are the sites with best arbitrage data? Thank you!

[BrewMaster]

What do you think, is it still possible to profit from arbitrage or are bots doing it nowadays?

bots have always been doing it and it has always been profitable but also at the same time risky. and the biggest problem with arbitrage is that unlike normal trading, the chance to make profit is very limited so when there are more people doing it the profit decreases and the losses grow.
since nowadays a lot of bots are messing up the market, i don't think it can be profitable enough to be worth trying anymore.

[pajak666]

You need a supreme hardware and software capabilities which you probably don't have if you are asking this question. Arbitrage is pretty competitive area at this point and i wouldn't encourage anyone with a capital less than 6 figures to bother.

[Sanitough]

It's possible both in trading and in gambling, if you have the tools to do it, it is always profitable, arbitrage is kind of activity that there is no risk at all.

[MWesterweele]

Hello traders! I've been searching around and trying to find best sites which offer arbitrage data and explanations on how to do it.
What do you think, is it still possible to profit from arbitrage or are bots doing it nowadays?
Thank you for helping out in this matter!

Yes you may still get some profit in arbitraging but you need a fast hands in order to that because at some moment you coin might  get dump or it will be more lower than the price in the exchange you are using right now. And also sometimes there would be a delay in transferring a coin to others, better to consider the time also.

[davinchi]

When there is so much movements involved in the market itself, people don't really see the point of arbitrage, I mean at least people like me. Look at bitcoin at its price, when you try to move money from one place to another the transaction costs and speed alone is high and by the time you reach there the price of bitcoin already moved to a new place anyway. So, why would anyone try to arbitrage when they could just keep their money in purely btc-stablecoin and move it between them to make a profit.

If you turned your money into stablecoin 72 hours ago and now come back to bitcoin you would be holding a lot more bitcoin, wouldn't change much for fiat but at least when the price goes up next time you would be making more profits so you would be ready for it.

[avatar_kiyoshi]

For now I do not think it is profitable, I would have to do operations almost in less than 20 seconds, in order to start winning, now those who can make it profitable are the bots, the human as such cannot do it, if he does it he has many chances of failing.

Indeed, who do not using a bot must compete with other bot traders, so it's not profitable. And there's no free bot that profitable, it costs money to buy the best bot.
Also arbitrage nowadays need extra cost for the fees that it's vary for every exchange.

Approx how much are these bots? How difficult is it to use them?

For the example: https://bitcointalk.org/index.php?topic=1715214.0

[crossabdd]

as long as the bid order is close and the transaction speed is very short. You will have a good advantage in arbitrage. the first thing to note is the opening of the deposit and withdrawal, then the speed of the coin transaction that you buy. after that see the volume and bid order. if all is well. then you can do arbitrage. Attention: Do it in a trusted market.

[Dart18]

It's an old story that will be difficult to be brought back to life.

Arbitrage had been really profitable before since a large amount of differences are there with every exchange. They create their own conversion rate.
Here is the thing though, that was before when not much does know the technique.
But now, how do you think you could still do it when those exchanges have a basis of how much per crypto currency is.
A difficult task to achieve profit even in the long run.

[LouVandetta]

What do you think, is it still possible to profit from arbitrage or are bots doing it nowadays?

It used to be very profitable, maybe now it's still profitable though. But, you need to look closely which one alt to chooce to do that. It's not like in the past, where you could see a different prices of the same alt in 2 or more markets at the same time.

Now, not only it's kinda hard to find such alt, there's also a problem regarding how fast the transacactions speed, and with the current market condition which is not that good, alt prices pretty much the same on every exchanges. The risk is very high, I don't recommend doing arbitage though.

[cotton ball]

It's an old story that will be difficult to be brought back to life.

Arbitrage had been really profitable before since a large amount of differences are there with every exchange. They create their own conversion rate.
Here is the thing though, that was before when not much does know the technique.
But now, how do you think you could still do it when those exchanges have a basis of how much per crypto currency is.
A difficult task to achieve profit even in the long run.

For arbitrage have looking market deposit confirmation system because every exchange market have different rule when make deposit, some time we can deposit with faster time and need short time for confirmation and we can sell with get much profit, but some time we can get market have bad confirmation with price can be down after we received payment.

[pawanjain]

Arbitraging is not a regular thing bro.  It is something that happens rarely or at very short intervals. So earning profits through arbitraging is not a good idea in my opinion.
Besides that, arbitraging occurs only for a short duration and if you miss the exact time duration then you probably end up losing the opportunity.

[shield132]

Yes, but not as much as before and the act of making a profit on them is getting harder as competition is getting though. there's always going to be opportunities, and they grow in number when volatility is high. sometimes, there have been coins that were selling for a lot more on the Korean exchange than others, for example chainlink, and people that were in Korea could buy on binance or idex and sell on bithumb for a profit. however, arbitrage from local fiat currency, to a foreign currency, to crypto, back to local fiat currency is extremely profitable.

+1 to this one, there were moments when price was different on Korean exchanges and on another exchanges, not only on altcoins but in bitcoin's case too. If such moments even appear, then they are the greatest and most profitable ones to catch and profit is solid.
It also depends on which country you live, for example if you live in UK and the max you can do from arbitrage trading is 20 pound daily, then no, it doesn't worth but in poor countries it worth to do more than real life job.
I am skeptical regarding bots.

[bitbunnny]

To my opinion it's not so profitable as is used to be but therr are still opportunities for arbitrage trading. Although it's not always easy to spot and catch such chances and you really should be very dedicated to such type of trading to achieve some results. And you have to count of great deal of risk too.

[Karmakid]

With the bots joining the game of trading. I believed that it is not profitable anymore to do arbitrage because the spreads are so tight and there are bots that will adjust easily once the spreads are wide. It is better to do other type of trading like margin trading where you can make quick bucks by just shorting or longing your chosen market.

[perla]

Profitable, maybe yes. But wih bots, and maybe other people who see the opportunity, it will be hard to do it. And from what i see on some trading group, a person sell tools like to see price between exchanges so people can see which exchange and coin that can be good to do arbitrage. Maybe in past, a coin have a lot of chance to be arbitraged when listed in new bigger exchange.