A Crypto Triangular Arbitrage Monitor with Fee and Slippage Estimates

Summary

This monitor searches a small, predefined set of spot currency pairs on Binance, OKX, or Bybit for two possible triangular conversion routes through a selected base currency. It calculates gross route returns from the latest close prices, keeps the best positive result for each direction, then subtracts a cost allowance based on maker and taker fees and slippage. A minimum net-return threshold determines whether displayed routes are highlighted and alerts are issued. The inputs let users select an exchange and base currency and set the cost and threshold assumptions.

The example is a monitoring indicator, not an execution system, and it reports no realized or backtested results. Its pair lists are limited to a few hard-coded markets, while close-price calculations and fixed cost assumptions may not capture executable bid/ask prices, liquidity, order-book depth, or changing fees. The displayed opportunity therefore needs independent validation before it can be treated as actionable arbitrage.

Key ideas

• The monitor evaluates two conversion routes through a selected base currency using configured spot pairs.
• It estimates gross route returns from close prices and subtracts fee and slippage assumptions.
• A minimum net-return threshold controls highlighting and alerts.
• The implementation monitors a limited hard-coded list and does not execute trades.
• Close prices and fixed costs may not reflect executable prices, liquidity, or actual trading conditions.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.