5 Best Crypto Arbitrage Bots in 2024

Arbitrage opportunities are notoriously difficult to take advantage of. They require speed, precision, and constant monitoring, which means that the vast majority of opportunities go to waste due to human indecisiveness, lack of timely action, and other similar limitations.

However, thanks to crypto arbitrage bots, which are essentially trading tools that follow a predetermined trading strategy automatically, traders can much more easily take advantage of price discrepancies between different markets. Bots can be set up in advance and can activate automatically once the correct market conditions occur. 

In this article, we will examine the leading crypto arbitrage bot platforms to help you decide which best suits your needs.

ArbitrageScanner is not only one of the best crypto arbitrage bots but also one of the best crypto arbitrage scanners in the market. New users can get up to 66% off ArbitrageScanner’s monthly subscription.

The 5 best crypto arbitrage bots: Top automated tools for 2024

In the sections that follow, we are going to go over the leading arbitrage bots for crypto traders and examine their key features, pros and cons, and pricing plans.

1. ArbitrageScanner – The best crypto arbitrage bot overall (exclusive 66% discount for our readers)

ArbitrageScanner is an advanced tool designed to help traders exploit price discrepancies in the cryptocurrency market across different exchanges. It supports over 110 exchanges (both centralized and decentralized) and 20 blockchains, enabling users to spot and take advantage of price differences. 

Its user-friendly interface caters to both beginners and experts, offering personal managers, tutorials, and ready-to-use strategies. Key features include a cloud-based setup with customizable tracking pairs, robust client support with a private chat for strategy sharing, and enhanced security due to its manual nature. ArbitrageScanner’s bots automatically calculate profit rates for trades and provide training in identifying arbitrage opportunities. Additional offerings include access to exclusive strategies for long-term holders and specialized features for local exchange arbitrage. 

The setup process is straightforward, and detailed guides are provided after the purchase of subscription plans. ArbitrageScanner also includes a unique Telegram Scanner for real-time information and trading opportunities. The platform has affiliate and white-label programs, making it an attractive option for influencers and those looking to start a business in the crypto space.

Key features:

• Bot customization: A completely manual cloud-based bot that can follow comprehensive trading strategies.
• Wide exchange support: The platform supports over 75 centralized and 25 decentralized exchanges across 20 blockchains.
• User accessibility: Designed for both experts and beginners, offering personal managers and educational resources.
• Customization and security: Personalized cloud-based experience with enhanced security due to manual operation.
• Real-time opportunity identification: Instantly identifies arbitrage opportunities and calculates profit rates.
• Advanced features for traders: Includes a Telegram Bot for tracking real-time data and specific token news.
• Accessible pricing plans: The lowest tier subscription for our readers starts at $69 (down from the regular $200) and should offer enough features for the vast majority of crypto bot users.

Visit ArbitrageScanner

Learn more in our ArbitrageScanner review.

2. Bitsgap – Crypto bots at affordable prices

Bitsgap, established in 2017, is a prominent player in the automated cryptocurrency trading platform industry. It’s designed to make trading accessible and efficient by integrating with over 15 leading crypto exchanges. Bitsgap’s key offering is a suite of automated trading bots that conduct trades based on predefined rules, reducing the need for manual intervention and optimizing for 24/7 trading opportunities. 

The platform caters to both beginners and experts with its intuitive interface, diverse technical indicators, and features like portfolio management, signals, and an arbitrage scanner. While it requires subscription fees and lacks mobile app support, its advantages include a 7-day free trial and a range of automated strategies like grid, DCA, and custom bots.

Bitsgap supports various top cryptocurrency exchanges like Binance, Coinbase, Kraken, and more, offering users broad market access and the potential for arbitrage. Its profitability depends on the user’s strategy and market conditions, but its tools aim to enhance trading effectiveness. Pricing ranges from a basic plan at $23/month to a pro plan at $119/month, each with varying degrees of access to features like grid and DCA bots. Bitsgap maintains robust security practices and has a substantial user base, underscoring its legitimacy and reliability in the crypto trading bot market.

Key features: 

• Comprehensive exchange integration: Bitsgap connects with over 15 top crypto exchanges, facilitating a broad market reach.
• Automated trading bots: Offers various bot types, including grid, DCA, and custom bots, for different trading strategies.
• User-friendly interface: Designed to be intuitive for both novices and experienced traders, with an array of technical indicators.
• Arbitrage opportunities: Features an arbitrage scanner to identify price mismatches across exchanges.
• Security and credibility: Utilizes strong security measures like 2048-bit encryption and has a significant user base, reinforcing its trustworthiness.
• Flexible pricing plans: Offers multiple subscription tiers, catering to different levels of trading needs and expertise.
• Trial and educational resources: Includes a 7-day free trial and provides educational tools for users to improve their trading strategies.

Visit Bitsgap

Learn more in our Bitsgap review.

3. Coinrule – Beginner-friendly crypto bot platform

Coinrule is a cryptocurrency trading platform noted for its user-friendly design and innovative features, suitable for both novice and experienced traders. The platform differentiates itself by offering a free Starter account and an intuitive graphical interface for bot creation, which is in many ways considered superior to its competitors. 

Coinrule supports fewer crypto exchanges compared to its peers but compensates with a wide range of trading templates for various market conditions and real-time notifications through Telegram and texts. Although its interface is mainly geared towards beginners, which might deter advanced traders, and its Pro plan is relatively expensive, Coinrule remains a strong contender in the automated trading space.

Key features of Coinrule include the ability to create customized trading rules and strategies, real-time market notifications, a selection of premade trading bots in its marketplace, and a comprehensive Trading Academy for learning and strategy analysis. Users can backtest their strategies against historical data, and the platform provides support for 10 crypto exchanges and 5 stock brokers, extending beyond just crypto trading. Coinrule’s pricing plans cater to a range of needs, from the free Starter plan to the advanced Pro plan ($449.99/month), offering varying levels of functionality, number of rules, and connected exchanges.

Key features:

• Intuitive interface for beginners: Coinrule’s user-friendly and graphical interface is ideal for beginners in automated trading.
• Flexible pricing plans: Offers a range of plans, including a free Starter option, catering to various user needs.
• Customizable trading strategies: Enables users to create and customize trading rules and strategies for automated trading.
• Wide range of trading templates: Provides numerous premade trading templates for different market conditions.
• Extensive educational resources: Includes a Trading Academy with tutorials and articles for learning and improving trading strategies.
• Support for crypto and stocks: Compatible with 10 crypto exchanges and 5 stock brokers, providing versatility in trading.
• Real-time notifications and backtesting: Offers real-time market notifications and backtesting capabilities for strategy refinement.
• Limited exchange support: Supports fewer exchanges than most competitors, which might limit arbitrage opportunities.

Visit Coinrule

Learn more in our Coinrule review.

4. 3Commas – Comprehensive crypto bots offering

3Commas is a prominent trading bot platform known for its sophistication and user-friendly approach, making it an appealing choice for crypto traders. It offers a variety of automated trading bots, like DCA, GRID, and Signal bots, along with a terminal that connects to 14 major exchanges. 

The platform is less expensive than many of its competitors and is particularly beginner-friendly. However, it supports fewer exchanges compared to some other platforms and lacks the order complexity found in more advanced systems. Key features of 3Commas include DCA and GRID bots for various market strategies, Signal bots that integrate with TradingView, and the ability to manage funds across different exchanges. 

The platform also offers backtesting options for strategies, a demo account, a smart trade terminal combining TradingView data, a marketplace for apps and signals, and a comprehensive Academy section with free learning resources. Although the exchange support is limited to 14 platforms, 3Commas provides a range of tools and functionalities that cater to both novice and experienced traders.

Key features:

• Variety of trading bots: Offers DCA, GRID, and Signal bots, catering to different trading strategies.
• Cost-effective: More affordable than many competitors, providing good value for money; cheapest plan costs just $4 per month.
• Beginner-friendly interface: The platform is designed with beginners in mind, making it easy to navigate and use.
• Smart trade terminal: Integrates with 14 major crypto exchanges for streamlined trading operations.
• Backtesting and demo account: Allows testing of trading strategies without risking real funds.
• Educational resources: Offers an extensive Academy section for learning about crypto trading and bot usage.
• Limited exchange support: Integrates with fewer exchanges compared to some of its competitors.
• Signal marketplace and apps: Provides access to a marketplace for trading signals and user-created apps.

Visit 3Commas

Learn more in our 3Commas review.

5. Cryptohopper – Feature-rich crypto trading bot offering

Cryptohopper is a notable cryptocurrency arbitrage bot and trading platform known for its ease of use and a wide range of features catering to both beginners and experienced traders. With over 780,000 users, it stands as one of the most popular crypto trading bots in the market. The platform offers extensive bot customization options, supports 16 cryptocurrency exchanges, and provides native apps for both iOS and Android. However, it has some limitations in terms of exchange support and advanced AI strategies, which are only available in its highest pricing tier.

Cryptohopper’s key features include a user-friendly interface, advanced bot customization, comprehensive backtesting and simulation tools, and a marketplace for trading strategies. It also emphasizes social trading, allowing users to follow successful bots and receive trading signals. 

The platform is secure, with strong encryption and two-factor authentication, and offers robust customer support. Cryptohopper’s pricing is competitive, with plans ranging from a free basic option to more advanced, paid subscriptions, which top out at $107.5 per month.

Key features:

• User-friendly interface: Cryptohopper is designed to be accessible for users at all levels of experience.
• Bot customization and variety: Offers extensive customization options for trading bots, including strategies based on technical indicators and social media sentiment.
• Marketplace for strategies: Features a marketplace where users can buy and sell trading strategies, fostering a community of shared knowledge.
• Supported exchanges: Integrates with 16 leading cryptocurrency exchanges, offering a wide range of trading opportunities.
• Backtesting and paper trading: Provides tools for testing trading strategies against historical market data and simulating trades without financial risk.
• Social trading features: Emphasizes community and social trading elements, including the ability to follow successful bots and traders.
• Robust security measures: Implements strong security features, including encryption and two-factor authentication, to protect user accounts and data.

Visit Cryptohopper

Learn more in our Cryptohopper review.

The bottom line

From ArbitrageScanner’s extensive exchange support and innovative features to Bitsgap’s affordability and robust technical indicators, each platform presents distinct advantages tailored to various trading needs. Coinrule’s beginner-friendly interface and adaptable templates, 3Commas’ cost-effectiveness and comprehensive offerings, and Cryptohopper’s feature-rich environment with strong security measures showcase the evolution and versatility of automated crypto trading tools. 

These platforms not only automate trading strategies but also empower traders to harness the fleeting opportunities in the dynamic crypto market, thus optimizing their trading effectiveness and potential profitability. These arbitrage bots represent the pinnacle of automated trading solutions, catering to a wide range of traders, from beginners seeking intuitive interfaces and learning resources to advanced users demanding extensive customization and diverse trading strategies. 

If you want to expand your automated trading approach to traditional assets and infuse it with artificial intelligence insights, check out our list of the best AI stock trading software.