What is ArbMatrix?

ArbMatrix itself isn't an arbitrage performer, but rather a tool to help you spot such opportunities. In that way, you'll need to have accounts set up for the exchanges on which you intend to perform arbitrage, and you will need to have funds on the exchange which you will be transferring from if the opportunity for arbitrage between the two arises.

An arbitrage trade happens when a trader takes advantage of price discrepancies for the same asset on different exchanges. While ArbMatrix will not actually perform these trades, you can take advantage of the opportunities ArbMatrix presents you with by seeing what exchanges you can buy an asset on and then transferring said funds to a different exchange where the market price is higher. In that way, you can make a profit by buying an asset, transferring it to another exchange, and selling at a higher price if the opportunity presents itself.

With our ArbMatrix app, you can spot potential arbitrage points for any of our 2500+ supported markets across 45+ exchanges.

Please note, however, that arbitrage opportunities should not be taken at face value. Most exchanges have their own trading fees which you will need to consider and transferring between exchanges can take time depending on the currency and how the exchanges operate. With that said, we recommend using a bit of caution when trading with arbitrage.

 

How does it work?

To find the ArbMatrix app, simply click the 'Apps' button on the top left side of the market page. It will be the first box in the drop-down menu as shown below:

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Opening the app will take you to a page that looks like this:

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To read this page accurately, first, choose the market you are trying to perform arbitrage on (e.g. in the above picture, it is set to BTC/USD). Next, find the exchange you're currently holding funds on in the left column. Once you have found your market of choice, look across the row directly to the right to see what opportunities present themselves in the column for other exchanges. The greater the opacity of the green highlight, the greater the price difference in terms of potential profit. The greater opacity of red means the greater potential loss, should you attempt to trade from your exchange to that given exchange.

An important thing to note here is the spread, which is the difference between the bid on the left exchange and ask at the top exchange. The inverse spread is the difference between the ask on the left and the bid on the top; most users will find the inverse spread more useful.

 

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