Arbitrage robot between FTX and Binance
Budget: €30 – €250 EUR
I need an automated robot that compares the price of a symbol between the 2 platforms and once they reach a certain percentage (default 1.5% difference).
Then open a short position on the highest price platform and a long on the lowest price platform, both with the same quantity.
Once the price reaches a normal level again, close both position in profit. A normal level is considered when the price difference reaches <0.2%.
We always close the position when a 2% profit is reached. For example if the difference reaches 5%, and the difference then goes back to 3% it should close the orders.
Then open a short position on the highest price platform and a long on the lowest price platform, both with the same quantity.
Once the price reaches a normal level again, close both position in profit. A normal level is considered when the price difference reaches <0.2%.
We always close the position when a 2% profit is reached. For example if the difference reaches 5%, and the difference then goes back to 3% it should close the orders.