If I deposit 1000$ with Arbitrage Trading Bot with ETHC for 1 months what profit I can expect roughly. - Pionex Trading Bot (2024)

FAQs

If I deposit 1000$ with Arbitrage Trading Bot with ETHC for 1 months what profit I can expect roughly. - Pionex Trading Bot? ›

If I deposit 1000$ with Arbitrage Trading Bot with ETHC for 1 months what profit I can expect roughly. Profit is based on funding fee, in a normal state, with a 0.1% funding fee, you can get 9% profit monthly or around 90$ if the funding fee is stable around 0.1%.

Pionex charges a 10% fee on your profits through the arbitrage bot. The platform deposits 50% of the 10% fees in the SAFU funds. Arbitrage trading comes with minimum risks; however, anything associated with crypto cannot be entirely risk-free.

They monitor prices in real-time and execute trades instantly when profitable opportunities arise. By leveraging advanced algorithms and technology, arbitrage bots can capitalize on even the slightest price differences, enabling traders to generate profits with minimal risk.

Answer. Arbitrage profit is the profit from the funding fee. Fee will always be negative. Unrealized profit comes from price gap when you start compared to now (start with high gap and close with negative gap will yield positive result) Total profit is arb profit + unrealized + fee.

Pionex's minimum deposit is 1 USDT or 0.00005 BTC.

The most popular bot on Pionex is the grid bot, which is actually a very simple (but effective) trading tool. Within a price range, you buy a share after a share while the price goes down, and sell a share after a share while the price goes up. Just like the pic shows.

Traders can lose money in bot trading due to technical failures, market risks, programming errors, over-optimization, lack of adaptability, and human oversight. However, with proper risk management, oversight, and testing, traders can mitigate these risks and improve their chances of success in automated trading.

You may find that a good prediction inside a trading day with low volatility could give about 0.6-1% of a stock move. If your bot won't lose any trade in a trading month, you would earn about 20% each month, for the “all-in” strategy, a 10k$ account will earn 2000$.

A trading bot can theoretically make a trader a billionaire. However, in the real world, such programs are viewed with suspicion. This is because the developers set the algorithm according to tightly controlled industrial conditions, which do not hold true for the real world.

How profitable is Pionex trading bot? ›

During profitable periods, you can earn an additional 0.2% profit per day for each leverage multiple, resulting in an annualized return of 70%+. This means that if you create a Pionex futures grid with a leverage of 10x, you can potentially earn over 700%+ annualized return compared to spot grid trading.

The arbitrage bot (Moderate mode) adopts the arbitrage strategy with extremely low risk. The only risk is that the short position is auto-deleveraged (ADL) and the bot failed to sell the ETH in the spot market in time.

Releasing Profit During Operation

If there is anything the Grid Bots cannot do, it's that it lacks the ability to compound profits. Pionex is aware of this limitation and has enabled a nifty feature of releasing idle profits from Grid Bots to be utilized elsewhere.

Pionex is one of the first crypto exchanges to offer several in-built trading bots for free, offering a great opportunity for beginners to automate trading, learn the market, and not miss any opportunities. The simple and fully-fledged platform offers liquidity, vast coin availability, and competitive fees of 0.05%.

Pionex Trading Fee | 0.05%

Arbitrage Considerations

Fees – It is important to consider fees in your trading equation, as they can negate any potential profits. For example, fees on Kraken range from 0.1% to 0.26%, so, you may want to avoid arbitrage differences lower than 0.30%.