Very exciting way to start my day today.  Crypto-arbitrage bot made some trades last night!

An exciting notification

I have a Telegram bot that I use to allow my scripts to send messages to my phone.  Mostly, they are notifications about rental properties being listed on the market or generic notifications that some script finished its daily duties.

But every once in a while, I get an alert about an arbitrage trade having been executed.  And last night, there were 3!

Since the crypto-bubble started deflating earlier this month, trade volumes and volatility had been way down on the exchanges my bot operates on.  After several trades made last week, when I finally got the bot working as expected, there was almost 10 days of radio silence.

Like a satellite checking in with a ping

I kept checking just to make sure the thing was still running.  It was, happily calculating the profitability of possible trades.  All day and night for 10 days.  Such is the power of automation; such a mundane task, dutifully performed ad infinitum.

It’s weird to think that the bot wasn’t even excited when it found trades that were profitable.  It just executed them and continued on calculating.

So you’re saying there’s a chance

But I sure was excited.  Not that there was a large gain (I think I netted about .000003 BTC over the three trades), but it’s just nice to know that after my last set of changes, the bot is working as expected.

As I mentioned in a previous post, the goal of this guy is not to make lots of money.  It’s just a experiment to see whether a crypto bot could produce a return (in crypto currencies) that rivals basic online savings rates.

And as of this morning, I have another data point that says…maybe.