The Cryptometer Bot is used for sending notifications when a currency’s price difference between different exchanges is higher than a set threshold. You can use these signals to monitor the possibility of favorable arbitrage between exchanges.
What is arbitrage?
Arbitrage is the simultaneous purchase and sale of an asset to profit from a difference in its price. It is a trade that profits from the price differences of identical or similar financial instruments on different markets or in different forms. Arbitrage exists as a result of market inefficiencies.