Once you've set your filters and initiated the search, the current market arbitrages will populate the indicator table.
To get more info on an arbitrage, click 'Info' on the right side of the table. You'll see the trade itself, plus a range of indicators that help you evaluate arbitrage potential. Let's take a closer look.
On the screen, we've got all the key metrics we need to make an informed decision about whether to pull the trigger on an arbitrage opportunity:
Status: Current. This indicator shows whether an arbitrage opportunity is still viable (i.e., the spread is still positive). Our scanner only surfaces profitable trades for you, but keep in mind that market conditions can change over time. If a trade becomes less profitable or even turns into a loss, we'll label it 'Out of date’.
Spread. This indicator is a vital metric for arbitrage traders, helping them gauge the potential profit of an arbitrage. However, it's dynamic and can fluctuate during the trade, making hedging an essential strategy to mitigate risk and lock in profits.
Hedging. If you want the full scoop, we covered this in more detail over here: https://blog.krak.ai/post/hedging-in-crypto-arbitrage In short, this parameter indicates whether hedging is possible in this arbitrage.
Updated. This indicator shows how old the arbitrage data is, which is crucial for recalculating the spread. Our scanner constantly checks for fresh data from exchanges and exchangers to ensure the arbitrage opportunity is still valid. Remember, timing is everything in arbitrage - trades can expire quickly! Make sure to update the trade every 1-5 minutes and keep a close eye on exchange rates.
Column: Spot Asset Purchase. This column breaks down the details of the initial arbitrage trade: the exchange, trading pair, quote, exchange rate, withdrawal fees, spot fees, and the amount of the asset you'll receive. Below are links to the spot market, withdrawals, and futures. Clicking on these links will take you directly to the relevant section on the original exchange.
Quote. This shows you the ups and downs of the asset's price over the last 15 minutes. It's a handy indicator for gauging the asset's volatility, which helps you decide if hedging is the right move for you.
Exchange rate. This is the price at which you can buy or sell an asset on a stock exchange or currency exchange platform.
Column: BestChange Aggregator - Asset Exchange. This column provides all the essential details for the second step of arbitrage - exchanging cryptocurrencies. You'll see the following info: the exchanger, trading pair, exchange rate, total amount of the asset being exchanged, and a direct link to the exchanger. Plus, you can easily add the exchanger to your favorites or a blacklist with a single click. This setting will customize your trade results in the future.
Column: Spot Asset Sale. This column shows all the details you need for the final step of this arbitrage - selling your asset.
We designed our Arbitrage Scanner with traders like you in mind, packing it with all the essential tools you need to trade efficiently and make the most of arbitrage opportunities.
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