dbeal-eth / beasynthbot

Arbitrage Trading bot for Perpetual Markets

BeASynthBot

A trading bot for arbitraging perpetual futures--primarily with Synthetix Perps V2.

BeASynthBot will:

• calculate expected profit over time from funding rate difference
• calculate loss from executing trades
• places profitable orders if profit is greater than loss for a minimum configurable time period
• checks position to verify it remains profitable, and rebalances if necessary
• closes position when it becomes unprofitable

NOTE: This program includes sends a small tip to the author. Only the profits from profitable trades are sent. If you want to change this tip, you can supply additional command line arguments.

Usage

Requirements

You need:

• Bybit Account
• Some sUSD in Optimism, or USDT in Bybit
• Static IP address (required for withdrawals on Bybit)
• Node.js & NPM installed on your computer

Steps

npm install
npm run build

Then, copy trade.sh.sample to trade.sh

Edit trade.sh to as appropriate for your settings.

Run:

./trade.sh ETH 5

The first argument is the token you want to trade, the second argument is the leverage.

License

Copyright (C) 2023 Daniel Beal

This program is distributed under the terms of the GNU GPLv3 license. See LICENSE file for more information.

This program comes with ABSOLUTELY NO WARRANTY.