Yield Givers Arbitrage
GROWTH
Lancer:
<= 2 resources OR <=3 weeks effort OR <=$3000 USD
Growth:2 - 4 resources AND upto 4 months OR
upto $30000 USD
Enterprise:Everything else
(Development)
Project Description
Yield Givers Arbitrage is a Telegram-based triangular arbitrage bot designed to exploit discrepancies in currency exchange rates across centralized platforms like OKX and Bybit. The client approached Oodles to develop a robust solution using Python and MongoDB, ensuring seamless automation and reliable data management. This project empowered efficient trade execution and optimized profitability for the client.
Scope Of Work
The client contacted Oodles to develop an automated bot to capitalize on currency discrepancies across exchanges like OKX and Bybit. The client required a Telegram-integrated system with robust data management to enhance profitability and efficiency. Oodles delivered a high-performance bot using Python for logic, MongoDB for data handling, and seamless integration with Telegram. The solution automated trade execution, optimized market opportunities, and ensured reliable operations tailored to client goals.
Our Solution
Our solution for the client includes the following services and technologies:
- Developed a triangular arbitrage bot integrated with Telegram, using Python for logic implementation and MongoDB for data storage.
- Enabled real-time price fetching from CoinMarketCap and CoinGecko to detect arbitrage opportunities.
- Created a system allowing users to deploy multiple bots on OKX and Bybit for selected tokens.
- Implemented a mechanism to place orders instantly when an arbitrage opportunity is identified.
- Utilized Python for efficient trade execution and MongoDB for reliable data management.
- Delivered a scalable, automated solution that improved trading efficiency and profitability for the client.
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