4. Preparations before arbitrage
Before starting arbitrage, complete the following 7 steps
1. Register an exchange
Because you want to earn profit from the price difference, it is recommended to use the rebate link and buy 1-2 BNB. The handling fee is only 30% of that of ordinary users. A single arbitrage for Binance ordinary users (TAKER transaction, 2 spot sales, 2 contracts) buying and selling) for example:
2. Server
The super arbitrage system requires at least 5 linux servers (operating system: centos 7). The network must be in a non-China area. It is recommended to go to the exchange to check which areas are restricted areas. It is strongly recommended to purchase a Tokyo area server because Binance’s servers are also In Tokyo.
3. Install the system
4. Two-way holding of contracts
Taking Binance as an example, the contract must be set to two-way position mode, and enter Contracts-Preferences on your mobile phone.
5. Transfer leveraged funds
Make sure there are funds in the spot, transfer 30U to cross margin, and check the API for leverage permissions in the next step. This step is very important!
Please go to Binance Isolated Margin Leverage and you can manually turn off Isolated Margin Leverage. Binance only allows up to 15 Isolated Margin Leverages to be enabled, which is annoying. The software will automatically start, but closing it may not be successful because it is closed. There are many restrictions. For example, under the 24-hour limit, the assets inside must be zero, but the transaction will inevitably leave a small tail.
5. Create API
Except for the withdrawal permission, the API checked permissions must be checked for Binance API and bound to your server IP address.
6. Fund distribution
The spot and U-standard contract funds are 6+4 separated, for example, if 10,000 U is placed, 6,000 U will be placed in the spot, and 4,000 U will be transferred to the U-standard contract. There is no need to put funds in the leverage.
(Remember to buy 1-2 BNB and put half each in spot and contract to reduce handling fees)
7. Modify the contract multiple
All perpetual contracts are changed to 2 times, and cannot exceed 2 times.
Mobile APP-Adjust leverage-multiply 2 times-confirm
Please continue to pay attention to Xiaoyi’s quantitative arbitrage series:
Xiaoyi teaches you how to do arbitrage step by step - a super arbitrage nanny-level tutorial based on Binance (1)
Xiaoyi teaches you how to do arbitrage step by step - a super arbitrage nanny-level tutorial based on Binance (2)
Xiaoyi teaches you how to do arbitrage step by step - a super arbitrage nanny-level tutorial based on Binance (3)
Xiaoyi teaches you how to do arbitrage step by step - a super arbitrage nanny-level tutorial based on Binance (4)
Congratulations, through the above learning, you have officially entered the door of cryptocurrency risk-free arbitrage. In the future, please follow our pace! ! !