Pancakeswap V2 Crypto Triangular Arbitrage - You Were Right!

We talked recently about Triangular Arbitrage in crypto for Pancakeswap V2 as being a better alternative to Uniswap V3. Well, after programming the Uniswap V3 and Pancakeswap V2 backend, the triangular arbitrage results are in...it works!
This might be one of the best arbitrage finds in a while and it was not easy to program. Regardless, it is evidently useful and rather rewarding. Reading the blockchain is tricky, but ethers js and web make this more simple. I will do another how to video for those who are interested.
What Dex's do you think offer the biggest arbitrage trading opportunity? Would you consider trading across multiple exchanges or is that just too risky?
Great having you all on this journey with me.
cryptowizards.net

[@farangonwheels]

Hey man I enjoy your videos, they helped me starting out as i built my own arbitrage bot. Quick question, why do you have this manual orderbook depth calculator when you could calculate the maximum profitable volume with code?

[@CryptoWizards]

Wow that's really cool to hear! Motivating. Great question. Feel you're 100% correct. It should be the next logical step for the tool. In reality it is scanning so many cryptos that I wanted to at least get surface rates out on a regular basis. Otherwise the also slowed down a lot. But that's no excuse. It eventually needs to get done. The TriScan tool does exactly what you say. Just need to code the rest in.

[@oespelho2281]

Thanks for sharing your knowledge with us. I am watching you from Brazil. Kudos

[@coder8515]

I saw an interesting video that explain how to compute triangular arbitrage correctly (from this channel). Video was about searching arbitrage in a normal exchange. Also if we've pairs there's normally no order book in a DEX. So the question is: using getAmountsOut of IUniswapV2Router interface is the right way to compute a triangular arbitrage on chain?

[@CerberusFX]

Great content! Thanks for this. You have a new subscriber. 😉

[@CryptoWizards]

AWESOME and welcome!

[@danielb.2873]

And another one. Exactly what I've been looking for. Great to hear about your experience.

[@Remusxdies]

What an excellent find. I would love to see this kind of arb dex interface for Polygon. I think there's loads of liquidity and fast and cheap gas fees. Thanks Wizard!

[@CryptoWizards]

Anytime RomaNova!

[@therock99pk]

@@CryptoWizards zeneth and dodo too

[@chancheng2614]

Gas fees make swapping unprofitable and then for exchanges the withdrawal and deposit fees. In order to make profit the gas fees must be checked as well as withdrawal and deposit fees before trading otherwise u might loose by using only bots without checking even though there is opportunity.

[@CryptoWizards]

Indeed. Fees are really tricky. I will be doing extensive work on this during April.

[@preciousdafe3988]

Hey man, nice videos on triangular arb. Have you tried running your arb strategy on centralized exchanges? How was the success rate if so?

[@CryptoWizards]

I tried a couple of years ago. There were tiny, tiny, tiny profits to be made but just wasn't worth it.

[@pantoea6089]

Thanks CW, great vid. Have you done a vid showing how to read from a smart contract using Vue js ?

[@CryptoWizards]

I totally need to do this. Seems to be a recurring question so will make the behind the scenes a priority.

[@coolshvybz375]

@@CryptoWizards Please add a crypto payment method in some countries we cant use stripe

[@hansenz28]

Hey man, exxellent videos, is there. a triangular arbitrage bot for Pancakeswap or Uniswap?

[@md.ashikurrahmanashikur7328]

PancKASWAP IS BIGGEST PROJECT OF BINANCE.NICE EXPLAINED

[@annassetyawan]

Nice Shaun. Did you count slippage fee for arbitrage Shaun? We can't buy Bafe withount getting wbnb or uset first...so Usdt-Bafe 11%slippage fee + Bafe- Mrat 11%slippage + Mrat-Wbnb 11%slippage. Ridiculous fee

[@CryptoWizards]

Hi there, at the time yes, but since this has gone lol. You are absolutely correct, slippage should be taken into account and is lacking on the platform.

[@streetrat7050]

how do you dynamically find triangle arb opportunities? I can only puzzle how to do it with hard coded two tokens but would love to figure out how to check weird different coins. thanks

[@CryptoWizards]

Dude...it was challenging. I had an algorithm that basically looped through all coins using an increment, then extracted the price based off of the reserve of one coin divided by another. I could look into the code to remind myself on the Contract that provided the list. It took a while to loop through.

[@lukehorvat4043]

im kinda confused on the algo here, first of all some of the the tokens on the video are bought with bnb but then sold via BUSD or USDT or vice versa, however, this isn't possible unless the token has a liquidity pool that supports the tokens, (token would need liqudity in bnb and busd for example to buy with bnb and sell with busd) so half of the trades aren't even possible. I also noticed some of the tokens have trading fees (e.g 10% tax on buy and sell like elongate) this would also render it not profitable. Can i ask how the algo works?

[@CryptoWizards]

Correct. The Algo finds all liquidity pools with matching pairs and triangulates them.

[@lukehorvat4043]

@@CryptoWizards ah okay, it’s just sometimes those liquidity pools are very small or at least when I tried to look up pairs in this video some didn’t even exist anymore. I would love to chat more about how this works

[@lukehorvat4043]

@@CryptoWizards i see on the website now it mentions learn Python with the triangular arb, does entering the den show how this algo works?

[@lukehorvat4043]

@@CryptoWizards the “ONLINE VIDEO TRAINING” section is what I’m looking at. Do we learn how to build a triangle arb here and pairs that are common for arb? I’m very interested

[@zMistiq]

Is this feature live on the website? Can I use it if I pay?

[@kartanjunior278]

hi i have login but i can not find this tool?

[@getfitquick2190]

Hi, what language did you build this with? I'm looking to build something similar.

[@CryptoWizards]

I used python Web3 for identifying coins on the backend. Then for drilling into the depth and UI I used Vue (Javascript) or more specifically Nuxt. Ethers JS was used for reading contracts.

[@getfitquick2190]

@@CryptoWizards okay, that seems to be a whole lot, but I'll do some research on it. What do you think about using flashloans?

[@tjhinfrankytanjung2083]

I am newbie, and I found your video, I want to make quick money in arbitrage

[@CryptoWizards]

I would say if you want to make quick money, arbitrage is not probably right. It's very high risk despite what you might hear online.

[@shanderkate8940]

Thats work today 2024?

[@alexjacob612]

Please how can I get d z score tool

[@lyla7539]

Can I pay and use this??

[@chancheng2614]

This is a very good software u created

[@CryptoWizards]

AWESOME! Thanks for the feedback!!

[@coder8515]

This is definitely very interesting

[@CryptoWizards]

Thanks Coder!

[@cryptojo12]

Hi, is this available now , 2023, in a $37 monthly subscription buddy?

[@shanderkate8940]

Hi you bought that ?

[@iliandili]

I don't get why you don't do all those potential profitable arbitrage instead of selling software? What do I miss?

[@YOUCC836]

Will you be running something on Polygon?

[@CryptoWizards]

Yes, looking at that very soon.

[@elroyblackbean]

A lot of the tokens listed in the Arbidex system are not native listings on PS -- they have to be imported; at least on my login. Should that be a concern, i.e. security risk? Potentially higher gas fees?

[@CryptoWizards]

Absolutely. This is a hugely risky area.

[@TheJakeRobinson]

Great video... lots of wheels turning...🤔

[@CryptoWizards]

Yeah man. So many ideas lately!

[@prasanna6768]

is this calculate with gas fee??? is it still working???

[@CryptoWizards]

No, gas fee is not included yet. It's not recommended at this point as the triangular arbitrage course has already now shown others how to do this behind the scenes.

[@personalitycat9842]

So did you say you can't make any money because of the fee's?

[@CryptoWizards]

Fees/slippage/dodgy coins are certainly some good reasons as to why this is so challenging.

[@99phoenix]

Hey great video dude !! Can i still use it? Or can you suggest me some ways i can make money in crypto?

[@CryptoWizards]

Not really. Recommend staying clear of executing on arbitrage right now unless it is statistical. Am looking to add Polygon regardless as this is being requested.

[@idrisselmediouri9909]

can we pay for our subscription with crypto?

[@CryptoWizards]

Sorry, I haven't got the platform to that point yet.

[@charliewhousen7133]

How do you retrieve the data from pancake swap?

[@CryptoWizards]

By using the Factory and Router contracts with Web3 or Ethers JS. Will do a video.

[@andreyl2705]

@@CryptoWizards Are you still going to do this video?

[@ceythehun83]

dope dude, this is the dream, haven't used your services but i'd imagined this kind of strategy as edge strong, makes sense. do you have any info on how to go about building the apps you're sharing here? I need to have a look on crypto wizards me thinks hehe cheers

[@CryptoWizards]

Thanks man. It's a great question. I'll share some content on YT about how to build an app like this and perhaps do some walkthroughs. I need to get a course up so that everyone can cover the basics first. Have you programmed in Javascript or anything similar before?

[@m.y1561]

I enjoy playing with your tools

[@CryptoWizards]

More tools will appear soon enough I am sure!

[@maryankitsenko9694]

What's the point of this? You've created a tool, showed it to the public, monetized it (in one way or another) and then say it's gonna work in a week?

[@CryptoWizards]

The point is to share what I'm working on as things go. This tool will keep changing because by it's very nature, once released it becomes less useful.

[@mikehenderson9557]

How to find these opportunities

[@CryptoWizards]

I run a proprietary python algorithm in the cloud for this!

[@victoryworldvahab3048]

What is the fees of this website

[@CryptoWizards]

USD $27 per month for all tools

[@coolshvybz375]

Man please on the payment section we want to pay with crypto cause we in some f**** countries

[@CryptoWizards]

Ok gotcha. I'll work on it man. PayPal could be easier if that works too.

[@davidrocky]

Arbitrage tips still in beta, no profit garented and not recommeded, some thing still in beta by what I can see.... but it costs 27usd/month with no free trial or something? Like we say here in my country: Help me help you bro.

[@CryptoWizards]

Thanks for the feedback David.

[@fulow2970]

Thanks to it, i earned 1k U #FPI token on pancake

[@CryptoWizards]

YES! Awesome! Well done! Very tricky to do so you have done well!

[@cexd9499]

how to contact u?

[@CryptoWizards]

Just go to the website friend.