Crypto arbitrage scanners allow users to profit from price differences across different cryptocurrency exchanges – in other words, crypto arbitrage scanners enable traders to see what platforms are best for buying a particular cryptocurrency and where it should be sold to maximize returns.
In essence, crypto arbitrage is a trading strategy that takes advantage of price discrepancies for a particular cryptocurrency across multiple crypto exchanges.The concept of arbitrage is based on the principle of buying an asset at a lower price in one market and selling it at a higher price in another market, thus making a profit from the price differential.
The best crypto arbitrage scanners in 2024:
ArbitrageScanner- The best crypto arbitrage trading platform overall (up to 66% off) Coinrule– A beginner-friendly platform designed to streamline crypto trading Cryptohopper– AI-powered arbitrage bot trading platform Bitsgap– Bot trading templates for leveraging arbitrage opportunities across all major exchanges 3Commas– Crypto arbitrage scanner and trading platform with a native app marketplace
– HaasOnline – The best choice for advanced traders
– Pionex – Crypto exchange with powerful trading bot features
The 7 best crypto arbitrage scanners: Top arbitrage tools for trading with an edge in 2024
Listed below, you will find seven of the best crypto arbitrage finder, trader, and scanner platforms.All of the tools support arbitrage trading and other advanced options, such as trading with leverage, stop loss and take profit orders, risk management tools, and more.
1.ArbitrageScanner – The best crypto arbitrage trading platform overall (up to 66% off)
ArbitrageScanner covers both centralized and decentralized exchanges.The scanner supports more than 70 CEX exchanges, over 30 DEX and 20 blockchains, making it one of the most comprehensive tools in the market.
ArbitrageScanner scans decentralized exchanges on 10 major blockchain networks:
– Ethereum
– BNB Chain
– Polygon
– Avalanche
– Arbitrum
– Optimism
– Fantom
– Gnosis
– Klaytn
– Aurora
ArbitrageScanner can detect price differences and it can alert users that a token is cheaper on Arbitrum than on Optimism, creating a potential arbitrage opportunity.According to the platform, it is the only scanner that supports cross-chain arbitrage, which can offer higher profit margins than intra-chain arbitrage.
The platform also offers a screener feature, which allows users to set up their own criteria for finding arbitrage bundles.Users can specify the exchanges, coins, trading pairs, and profit thresholds they are interested in, and the bot will send them notifications when matching bundles are found.Users can then execute the trades manually or use an automated bot.
The platform says this feature is suitable for beginners with a small balance, as they can make multiple trades per day with different coins.
Arbitrage Scanner has four subscription plans, ranging from $69 to $999 per month.The cheapest plan offers a 30-day trial period, while the more expensive plans come with additional benefits such as turnkey scanner setup, voice curator support, and access to a closed community.
The platform also provides free arbitrage training to all users.
If you want to take a more in-depth look at this platform, make sure to check out our
[ArbitrageScanner review](/review/28165/arbitrage-scanner-review/).
Key features:
– Supports over 30,000 crypto assets and over 70 CEX and 30 DEX
– Scans DEXes across 20 different blockchains
– Automatically searches for bundles for you and sends you notifications according to the desired parameters
– You don’t need to have coins in your portfolio to use the scanner, you can arbitrage coins by quickly buying on one exchange and selling on another
– Notifies users about cross-chain arbitrage opportunities
– Only provides notifications, has no access to users’ crypto
– Users with a Pro plan of above get access to a VIP Manager
– Private chat with experienced arbitrage traders
|Starting Price||$69/month|
|Free Trial||Yes, 1 day|
|Mobile Apps||Works through Telegram|
|Supported exchanges||DEXes, as well as Binance, Bybit, OKX, KuCoin, Coinbase, Crypto.com, etc.|
2.Coinrule – A beginner-friendly platform designed to streamline crypto trading
Coinrule is a beginner-friendly automated platform designed to simplify and streamline cryptocurrency trading.
It allows users to create and execute trading strategies without the need for coding or advanced technical knowledge.Traders can dozens of pre-made template strategies or construct their own base on the parameters they set.Coinrule operates on various cryptocurrency exchanges and supports a wide range of trading pairs.
With Coinrule, users can define trading rules and conditions using a visual interface, enabling them to implement their strategies easily.These rules are based on simple “if this, then that” logic, where users can specify certain events or market conditions that trigger specific actions, such as buying, selling, or executing other trade orders.
In addition to regular orders, users can use leverage trading crypto strategies as well to increase their exposure to the markets.Check our selection of
Coinrule alternatives for platforms that are similar to Coinrule.
Key features:
– Create rules based on popular indicators (RSI, SMA, etc.)
– Up to 50 live trading rules
– Unlimited template trading strategies (only in the “Pro” plan)
– Up to 10,000 executions per rule
– Leverage strategies
– Market and limit orders
|Starting Price||$29.99/month|
|Free Trial||Yes|
|Mobile Apps||Android|
|Supported Exchanges||Binance, KuCoin, Coinbase, Kraken, BitMEX, Crypto.com, OKX, etc.|
3.
Cryptohopper – AI-powered arbitrage bot trading platform
Cryptohopper is an AI-powered trading bot for crypto markets, using algorithms and advanced strategies to trade on behalf of users.By connecting to cryptocurrency exchanges, it can access and trade with users’ accounts.
Cryptohopper helps traders improve efficiency and profitability by automating various trading processes.
Users can customize the bot by setting parameters like trading pairs, buy/sell signals, and stop-loss levels.They can also use templates
The bot continuously monitors the market and executes trades based on these settings.It can employ strategies like technical analysis and utilize signals from third-party sources.
It can also conduct a triangular arbitrage scanner analysis and use Binance’s arbitrage scanner data.Cryptohopper provides a web-based interface for users to monitor trades, access historical data, and adjust settings.It also offers backtesting to evaluate strategies using past market data.For more similar platforms, check our selection of
Cryptohopper alternatives.
Key features:
– Scan markets with up to 75 trading bots
– Manage all exchange accounts from a unified terminal
– Advanced price trailing features
– AI-powered trading bot
– Copy trading and trading templates
– Dollar-cost averaging, market-making, short selling, and arbitrage options
|Starting Price||$16.58/month|
|Free Trial||Yes, 3 days|
|Mobile Apps||Android and iOS|
|Supported Exchanges||Binance, KuCoin, Coinbase, Kraken, Huobi, Bybit, Crypto.com, OKX, etc.|
4.
Bitsgap – Bot trading templates for leveraging arbitrage opportunities across all major exchanges
Bitsgap is a trading bot and platform designed for cryptocurrency markets.It automates trades for users by connecting to their exchange accounts through API keys.The platform aims to simplify trading and enhance strategies.Users can customize parameters such as trading pairs, indicators, and stop-loss levels.
The bot continuously monitors the market and executes trades based on these settings.
Bitsgap provides a unified interface for accessing multiple exchanges, real-time market data, and performance tracking.It also offers arbitrage opportunities by scanning for price discrepancies among more than 30 digital assets.Additionally, users can test their strategies using the demo trading mode.
For more options similar to Bitsgap, check our
list of alternatives to Bitsgap.
Key features:
– Build GRID and DCA strategies with trading bots
– Smart orders to control risk-to-reward ratio
– Customizable Stop Loss, Take Profit, Trailing Take Profit, and OCO orders
– Supports limit, market, and scaled orders
– A trading terminal that connects to all popular exchanges
– Pre-made trading bot strategies
|Starting Price||$23/month|
|Free Trial||Yes, 7 days|
|Mobile Apps||Web App|
|Supported Exchanges||Binance, KuCoin, Coinbase, Kraken, Huobi, Bybit, Crypto.com, OKX, etc.|
5.
3Commas – Crypto arbitrage scanner and trading platform with a native app marketplace
3Commas is a popular trading platform among crypto arbitrage traders.It offers a range of tools and features to assist users in trading, managing portfolios, and implementing strategies that hinge on finding favorable exchange rates.Users can configure automated trading bots with specific parameters – like the amount of leverage to use – or use the intuitive SmartTrade terminal for manual trading (keep in mind that using leverage in crypto is high risk and could lead to significant losses).
Additionally, there is a “Copy Trading” feature to follow successful traders and a “Demo” account to practice trades without risking real money.The platform provides portfolio management tools, customizable alerts, and backtesting capabilities for strategy evaluation, which can help identify triangular arbitrage opportunities.
In addition, 3Commas allows developers to leverage the service’s infrastructure to publish their own apps in the 3Commas marketplace.If you want to explore additional services like 3Commas, check our
list of 3Commas alternatives.
Key features:
– Smart trading terminals (SmartTrade and Terminal features)
– Options bot, HODL bot, and GRID bot with trading presets
– Easily integrate signals into your bots
– Copy trading with seamless bot integration
– Advanced analytics and charting tools
– 3Commas Apps marketplace featuring user-deployed trading apps
|Starting Price||€22/month|
|Free Trial||Yes, Forever|
|Mobile Apps||Android and iOS|
|Supported Exchanges||Binance, KuCoin, Coinbase, Kraken, Huobi, Bybit, Crypto.com, OKX, etc.|
6.HaasOnline – Best choice for advanced traders
If you’re seeking versatile yet potent automated tools for trading cryptocurrencies,
HaasOnline is one of the best choices.Their intuitive “drag-and-drop” bot builder makes crafting strategies akin to assembling virtual Lego blocks – no coding expertise required.
You have the flexibility to either track preset signals, customize feeds using robust market filters, or dive into the hands-on creation of your own algorithms.
Robust analytical tools and paper trading allow for stress-testing strategies in a risk-free setting.
Simultaneously, HaasOnline’s modular framework seamlessly accommodates everyone, from novices with basic bots to seasoned pros needing advanced enterprise solutions.The pricing is affordable, catering to all levels of experience.
Key features:
– Offering a unique visual development interface
– Traders can construct new trading bots graphically using trigger conditions
– Paper trading and historical backtesting can enhance strategy development
– Bots can operate on numerous exchanges, including Binance, Kraken, KuCoin, and more
– The starter subscription plan offers 3 trade bots and 15 open orders per bot
– Enterprise users can self-manage TradeServer, which is aimed at market makers and demanding proprietary trading strategies
|Starting Price||$7.5/month|
|Free Trial||3 days|
|Mobile Apps||Web App|
|Supported Exchanges||Deribit, Kraken, Bitfinex, Bitpanda, Bitstamp, Huobi, Poloniex, etc.|
7.Pionex – Crypto exchange with powerful trading bot features
Pionex is a cryptocurrency exchange that focuses on providing its users with powerful automated trading features.Pionex users can buy, sell, and trade crypto assets in their “physical” form in the spot markets, or use future markets to speculate on future prices.In addition, users can earn passive income by staking Ethereum and using other interest-bearing services.
The two primary bot options on Pionex are the DCA Bot, which can be very helpful for beginner investors, and the Rebalancing Bot, which allows users to create their own index and set trading parameters.
In addition, there is a myriad of other trading bots available on Pionex, including the leverage and margin GRID bots, which pits Pionex against some of the
top crypto margin exchanges in the digital asset space.
Key features:
– Spot and Futures trading options
– Bot, Manual, and Swap trading modes
– Leverage and Margin Grid bots (with Reverse and Leveraged Reverse grid options available)
– Stop-loss, take profit, and trail orders all within a single trade
– Users can deposit both crypto and fiat funds
– Premade bots for sideways, bullish, and bearish market scenarios
|Starting Price||Free|
|Free Trial||/|
|Mobile Apps||Android and iOS|
|Supported Exchanges||Pionex|
How do cryptocurrency arbitrage scanners work
Cryptocurrency arbitrage scanners identify price discrepancies between digital assets across multiple trading platforms.They monitor prices in real-time and allow traders and investors to make use of arbitrage opportunities that may arise.This can be especially useful for high-frequency traders who
day trade cryptocurrencies.
In addition to monitoring the price of assets across different exchanges, arbitrage scanners can calculate the potential profit (a profit that could be made by executing an arbitrage trade) and assess risks (such as the cost of transaction fees).In addition, certain arbitrage scanners, such as those presented in our article, allow investors to react to price changes and leverage the power of preprogrammed bots to execute trades.
Types of crypto arbitrage opportunities
There are several types of arbitrage opportunities that traders can take advantage of in the cryptocurrency space, including:
– Exchange Arbitrage: This occurs when there is a price difference for the same cryptocurrency on different exchanges.Traders can buy the asset at a lower price on one exchange and sell it at a higher price on another, profiting from the price disparity.
– Cross-Border Arbitrage: Involves taking advantage of price differences between cryptocurrencies on different exchanges in different countries.Traders can exploit variations in supply and demand, regulatory environments, and liquidity to profit from cross-border arbitrage.
– Triangular Arbitrage: This strategy involves exploiting price discrepancies between three different cryptocurrencies.Traders can execute a series of trades across multiple exchanges to profit from the price imbalance.
Making use of triangular arbitrage is virtually impossible without the use of crypto arbitrage scanners and automated trading tools.
– Statistical Arbitrage: This approach involves using statistical models and algorithms to identify patterns and anomalies in cryptocurrency prices.Traders aim to profit from the expected convergence of prices based on historical data and statistical analysis.
– Inter-exchange Arbitrage: Involves taking advantage of price differences between the same cryptocurrency listed on multiple exchanges.Traders can buy the asset at a lower price on one exchange and sell it at a higher price on another, capitalizing on the price differential.
– Risk Arbitrage: This type of arbitrage involves exploiting price discrepancies resulting from events such as airdrops, hard forks, or other market events.Traders can take advantage of the price movement caused by these events to generate profits.
It’s important to note that crypto arbitrage opportunities can be time-sensitive, require quick execution, and carry risks.Since traders must react quickly if they want to profit from arbitrage opportunities, they often rely on crypto arbitrage finder services and automated arbitrage trading bots – this allows them to react within moments and take advantage of premade trading orders that can be executed without human input.
The bottom line: Traders looking to benefit from arbitrage opportunities in the crypto sector have plenty of options
By leveraging advanced algorithms and comprehensive market monitoring, the top crypto arbitrage scanners empower traders to stay ahead of the game and capitalize on fleeting price differences.They enable efficient analysis of multiple exchanges simultaneously, saving time and effort for traders.
It’s important to note that arbitrage trading carries inherent risks, such as market volatility, transaction fees, and withdrawal limits.However, with the right arbitrage scanner in your arsenal, the chances of success by identifying and capitalizing on profitable arbitrage opportunities increase drastically.Especially if you pair it with robust
crypto trading bots.
If you are interested in expanding your arbitrage trading beyond the confines of cryptocurrencies, check out our selection of
the best algorithmic trading platforms.
If you want to learn more about investing in digital assets, you can check our
ultimate guide on cryptocurrency investing or read the comprehensive guide on how to invest in Bitcoin..
