⚪NovatX AI Bot for Arbitrage Analysis

NovatX AI Arbitrage Analysis is an advanced artificial intelligence (AI) bot designed to help traders leverage arbitrage windows on a variety of cryptocurrency exchanges. The tool is capable of functioning in both manual and automatic mode, allowing users to select the exchanges and cryptocurrencies of interest and specify the minimum trading volume and potential profit percentage.

To facilitate the identification of profitable arbitrage opportunities, the Assistant dynamically displays relevant information such as exchanges, trading pairs, volume, and percentage of potential profit. The user can buy cryptocurrency on the input exchange and sell it on the output exchange to realize the profit.

Given the highly volatile nature of cryptocurrencies, with prices fluctuating by several percentage points every minute, unique arbitrage opportunities can arise between exchanges. These situations, where the rate of a specific cryptocurrency is higher or lower on one exchange than on another, are referred to as arbitrage windows. The Arbitrage Analysis bot helps traders take advantage of these windows and profit from them.

All arbitrage algorithms are executed on a secure REST API for communication between exchanges, which uses encrypted https requests to share data with exchanges' public APIs. The Assistant can be operated in either manual or automatic mode, with the latter requiring only initial configuration by the user.

In real-time, data is gathered on all available cryptocurrencies listed on connected exchanges. The arbitrage trading module obtains data from each exchange individually and then creates objects of the same class. These objects are then appended to a common list for further analysis.

// List<CryptoData> allDataList = new ArrayList<CryptoData>();

Comparisons are made for the rates of each cryptocurrency.

// while (true) { boolean stopLoop = false; for(Exchange cryptoExchange : Exchange.values()) { if(allDataList.get(cryptoExchange)==null){ stopLoop=true; break; } } if(stopLoop) break; }

A stack of cryptocurrency pairs is formed, taking into account trading volumes that are available (unless the exchange does not provide data about the order book through its API). The pairs obtained from the API are then saved to a dictionary data structure, such as a hashtable, to enable more efficient data processing by the assistant.

// Hashtable<Pair, OrderData> cryptoPairs = new Hashtable<Pair, OrderData>();

The NovatX AI Bot for Arbitrage Analysis interface, just like the other features of NovatX AI, is presented as a web page and a tab in the desktop or mobile version of the service. To facilitate configuration, input fields and links to instructions on how to use the interface are available at the top of the interface.