Arbitrage Bot for Solana Using MERN Stack
Budget: $250 – $750 SGD
Description:
We are seeking an experienced developer to build an arbitrage bot for the Solana blockchain. The bot must be capable of tracking price discrepancies across exchanges, calculating potential profits (factoring in all relevant fees), and automating trade execution when profitable opportunities are detected.
The bot should be built using the MERN stack and leverage APIs such as the Jupiter Aggregator Swap API.
Key Features & Requirements:
1. Data Tracking:
• Monitor Asset Prices:
• Fetch and track the asset ask price (buying price).
• Fetch and track the asset bid price (selling price).
• Price Matching Logic:
• Identify arbitrage opportunities when the lowest ask price (buy) on one exchange is less than the highest bid price (sell) on another exchange.
• Ensure that the selling amount of the digital asset in Exchange B is less than or equal to the available buying amount in Exchange A.
2. Profit Calculation:
• Include calculations for:
• Buy and sell prices.
• Exchange fees.
• Gas fees (on Solana).
• Overall profitability of the arbitrage opportunity.
3. Bot Trading:
• Automate the following:
• Execution of buy/sell orders based on identified opportunities.
• Ensuring trades are executed within milliseconds to maximize profit.
Deliverables:
1. Frontend:
• User interface built using React.js to display:
• Monitored prices (ask and bid).
• Arbitrage opportunities.
• Calculated profits and fees.
• Trade execution history.
2. Backend:
• Server-side logic implemented using Node.js and Express.js.
• Integration with Solana-based APIs (e.g., Jupiter Swap API).
• Database integration with MongoDB to store trade data, logs, and analytics.
3. Core Functionalities:
• Real-time price tracking and data fetching from Solana exchanges.
• Arbitrage opportunity identification logic.
• Profit calculation algorithm.
• Automated trade execution.
4. Testing:
• Full testing of all functionalities, including stress tests for high-frequency trading.
5. Deployment:
• Deployed application, ready for live use.
• Detailed deployment guide for maintaining the bot.
Technical Requirements:
• MERN Stack: React.js, Node.js, Express.js, MongoDB.
• API Integration: Jupiter Swap API (or equivalent).
• Blockchain Expertise: Familiarity with Solana ecosystem, gas optimization, and Solana token standards (SPL tokens).
• Efficient Algorithms: Ensure low-latency performance for price matching and trade execution.
• Security: Ensure secure handling of API keys and wallet connections.
We are seeking an experienced developer to build an arbitrage bot for the Solana blockchain. The bot must be capable of tracking price discrepancies across exchanges, calculating potential profits (factoring in all relevant fees), and automating trade execution when profitable opportunities are detected.
The bot should be built using the MERN stack and leverage APIs such as the Jupiter Aggregator Swap API.
Key Features & Requirements:
1. Data Tracking:
• Monitor Asset Prices:
• Fetch and track the asset ask price (buying price).
• Fetch and track the asset bid price (selling price).
• Price Matching Logic:
• Identify arbitrage opportunities when the lowest ask price (buy) on one exchange is less than the highest bid price (sell) on another exchange.
• Ensure that the selling amount of the digital asset in Exchange B is less than or equal to the available buying amount in Exchange A.
2. Profit Calculation:
• Include calculations for:
• Buy and sell prices.
• Exchange fees.
• Gas fees (on Solana).
• Overall profitability of the arbitrage opportunity.
3. Bot Trading:
• Automate the following:
• Execution of buy/sell orders based on identified opportunities.
• Ensuring trades are executed within milliseconds to maximize profit.
Deliverables:
1. Frontend:
• User interface built using React.js to display:
• Monitored prices (ask and bid).
• Arbitrage opportunities.
• Calculated profits and fees.
• Trade execution history.
2. Backend:
• Server-side logic implemented using Node.js and Express.js.
• Integration with Solana-based APIs (e.g., Jupiter Swap API).
• Database integration with MongoDB to store trade data, logs, and analytics.
3. Core Functionalities:
• Real-time price tracking and data fetching from Solana exchanges.
• Arbitrage opportunity identification logic.
• Profit calculation algorithm.
• Automated trade execution.
4. Testing:
• Full testing of all functionalities, including stress tests for high-frequency trading.
5. Deployment:
• Deployed application, ready for live use.
• Detailed deployment guide for maintaining the bot.
Technical Requirements:
• MERN Stack: React.js, Node.js, Express.js, MongoDB.
• API Integration: Jupiter Swap API (or equivalent).
• Blockchain Expertise: Familiarity with Solana ecosystem, gas optimization, and Solana token standards (SPL tokens).
• Efficient Algorithms: Ensure low-latency performance for price matching and trade execution.
• Security: Ensure secure handling of API keys and wallet connections.