►
Description
Learn how to optimize arbitrage strategy for possible opportunities.
0:00 Welcome
1:00 Disclaimer
2:05 Hummingbot Miner
12:15 Trading View
**Important Disclaimer: **
1. The content of this video does not constitute investment, financial, legal, or tax advice.
2. No guarantee of profit: CoinAlpha/Hummingbot does not claim that liquidity mining and participation in liquidity mining campaigns and crypto trading will be profitable, however measured, for the user.
B
Good
night,
everyone
every
anywhere
that
too
you
might
be
so
here
we
are
for
another
about
life,
and
I
welcome
you
all
to
the
today
show
we
are
going
to
talk
a
bit
about
some
some
possible
way,
some
possible
ways
that
you
can
find
some
interesting
markets
to
run
the
bot
right
so
yeah.
Sometimes
it
might
be
a
bit
tricky
to
have
the
bot
learn
how
to
use
it.
But
you
don't
know
where
to
to
find
it.
Well,
so
just
a
quick
disclaimer
right,
I'm
not!
B
B
We
have
a
great
academy
section
where
we
post
a
lot
of
educational
content
there
so
take
some
time
to
read
before
you
risk
anything
valuable
to
you
right.
So,
let's
start
a
bit.
Let's
start
for
the
a
bit,
I
would
say
a
bit
obvious
of
the
possibilities
where
I
should
start.
You
should
start
looking
to
to
find
markets
and
trading
pairs.
That
could
be
interesting
to
run
the
bot
I'll
start
with
humbot
miner.
B
So
if
I
pretty
much
don't
know
where
to
start
to
look
for
a
profitable,
possible,
profitable
markets,
I
I
would
say
that
liquidity
mining
would
be
would
be
a
a
good
place,
because,
if
what
happens
here
is
that
all
these
projects
phoenix
global
front
xim
they
can,
they
all
address,
distribute
weekly
to
our
platform.
Some
rewards
based
on
how
much
liquidity
you
are
providing
to
the
to
the
market
right.
So
what
I
see-
and
I
what
I
always
say
to
anyone-
that's
starting
to
understand
what
liquidity
mining
is
about.
B
It's
always
important
for
me
to
to
say
that
one
important
thing
that
you
must
look
when
you
want
to
do
liquidity
mining.
It's
not
that
it's
not
a
it
shouldn't
focus
on
the
rewards
alone
right.
You
shouldn't
focus
only
on
receiving
the
maximum
amount
of
rewards
by
providing
liquidity
to
these
markets.
B
But
before
that,
you
should
learn
how
market
making
works,
what
market
making
do?
How
is
where
the
profits
from
a
market
maker
come
from
from
the
spreads
of
the
market?
All
that
basic
theory-
and
you
should
look
at
the
liquidity
mining,
the
campaigns
that
we
run.
You
should
look
at
them
more
as
a
reduction
of
risk
right,
because,
if
your,
if
a
strategy
is
profitable
enough,
you
have
a
good
strategy
running
a
liquidity
mining
campaign.
B
The
effect
of
that
is
that
it
you,
you
you're,
going
to
receive
a
reward
that
is
going
to
reduce
the
risk
you're
taking
for
providing
liquidity
for
that
market
right.
So,
instead
of
looking
at
the
the
campaigns
and
and
trying
to
find
a
better
way
to
receive,
the
war
rewards
not
have
orders
field
yeah.
In
theory,
it's
possible,
probably
not
as
profitable
as
as
most
of
the
people
might
think,
and
so
first
focus
on
your
strategy
focus
on
learning,
focus
on
understanding
how
to
market
make
right.
B
Okay,
all
right.
So
the
first
thing
I
would
do
to
sorry
here.
Let
me
just
change
the
thing
first
thing
I
would
do
to
look
for
an
interesting
market
pair
would
be
take
a
look
at
websites
like
coin
gecko,
like
coin
paprika
coin
market
cap
and
take
a
look.
What
are
the
the
markets
that
provide
some
volume
where
you
have
some
trading
happening
on
the
market?
B
That
basically
means
that
there
are
people
interested
in
trading
and
acquiring
selling
that
that
that
pair,
that
coin
so
and
what
you
can
do,
for
example,
here
on
coin
gecko,
let
me
take
bitcoin,
for
example,
let
me
show
some
interesting
things.
You
can
find
on
these
sites
that
can
help
you
screen
and
find
good
pairs
to
trade,
for
you
could
go
here
on
markets
inside
the
the
coin
you
are
interested
in,
and
here
you
can
see
some
some
pretty
good
information.
B
For
example,
you
can
see
the
volume
of
that
of
that
specific
exchange,
how
much
volume
is
being
created
there
and
on
coin
gecko,
specifically,
you
can
see
the
depth
of
the
book
an
average
depth
of
the
book
from
the
last
side.
I'm
not
sure
how
exactly
how
much
the
how
they
run
this
calculation,
this
value,
but
they
give
a
view
of
the
depth
of
the
book.
Basically,
how
much
volume
exists
on
the
order
book
from
the
meat
price
from
the
market
mid
price,
two
percent
up
and
two
percent
down,
so
you
can
give.
B
I
gave
a
big
a
good.
It
can
give
a
good
understanding
a
good
view
of
how
much
liquidity
exists
on
that
market
right.
So
as
a
market
maker.
What
would
be
interesting
to
to
look
after
here
would
be
markets
that
have
a
good
volume,
a
good
size,
sizeable
volume
right,
that
there
is
a
lot
of
people
trading.
B
A
lot
of
people
interested
in
that
pair
two
million
vermilion
depends
a
bit
on
the
the
the
the
proportion,
the
the
type
of
coin,
the
popularity
there's
a
lot
of
other
features
there
and,
for
example,
if
you
take
here
at
huawei
global,
it
have
a
3
billion
volume
right
and
it
have
a
really
relative
to
the
rest
of
the
other
exchange.
It
have
a
relative
small
theme
or
the
book,
so
it
doesn't
even
reach
1
million.
If
you
look
at
the
btc
usdt
markets
on
global
global,
so
it's
way
below.
B
So
that
means
basically
that
there
is
volume,
there's
trays,
there's
people
trading,
but
the
other
book
doesn't
have
enough
liquidity
there.
So
that
means
that
it
it
could
be
a
good
opportunity
for
a
market
maker
to
join
that
market
and
provide
that
liquidity
and
try
to
capture
the
spread
on
that
market.
So
that's
a
good
way
to
look
at
at
to
screen
out
some
possible
markets
to
to
run
your
strategy
right.
You
can
do
this
for
any
any.
B
B
B
B
B
You
can
take
a
look
at
the
markets
and
they
kind
of
show
what's
the
depth
of
the
or
the
book
on
each
side
right.
So
it's
also
an
interesting
way
to
to
take
a
look
at
the
market
and
start
to
screen
out
some
possible
exchanges
for
that
all
right.
So
another
two
I'm
going
to
show
this
one.
I
I
like
it
a
lot.
B
High
enough
volatility
right,
because
if
there
isn't
a
good
volatility
on
the
market,
you
have
to
put
your
bid
and
ask
spread
really
tight,
so
that
increases
a
bit
the
the
risk.
So
you
kind
of
want
that
the
market
has
some
volatility
to
it.
So
or
else
you
might
have
to
to
put
your
your
order.
Your
spread
way
too
small
so
increase
the
risks
a
lot
and
you
can
filter,
add
a
lot
of
filters
here.
For
example,
you
can
pick
an
exchange.
B
B
So
you
can
also
come
on
the
filters
and
you
can
have
a
minimum
of
traded
volume,
so
I
want
to
have
only
show
only
pairs
that
have
at
least
one
million
of
printing
volume,
so
I
don't
take
pairs
that
are
two
that
don't
have
enough
volume
to
trade
right
and
I
can
add
here
more
information,
more
columns
so
to
to
get
more
information.
For
example,
we
can
take
a
look
at
volatility.
B
B
I
also
have
no
idea
what
is
what's
this
one
never
heard
about
it.
Crypt
is
like
that,
and
you
can
check
the
volume
there's
volume
there
isn't
and
it's
a
good,
an
interesting
way
to
take
a
look
at
possibilities
that
pairs
that
you
might
want
to
to
to
find
right.
So
let
me
see
here:
no,
here's
nothing
right.
So
these
are
some
basic
tools
and
my
my
concept,
my
idea,
when
I
start
a
look
at
at
the
pairs,
is
basically
on
on
sign
it
out
up.
B
You
want
some
volume,
because
you
want
the
market
to
move.
You
want
some,
you
want
volatility
on
the
market
big
or
else
you
spread
is
going
to
be
too
small,
and
your
risk
will
be
way
bigger,
and
another
feature
is
that
you
also
want
to
find
other
books
that
don't
have
much
liquidity
where
you
can
enter
as
a
market
maker
and
provide
the
liquidity
and
take
your
profits
from
providing
that
liquidity
right.
So
let
me
show,
for
example,
you
can
take,
for
example,
at
taking
binus,
as
example.
B
B
What
to
say
did
I
have
said
something
stupid
or
something
like
that.
Just
let
me
know
that,
so
we
can
get
some
discussion
any
questions
around
right.
Anyone
also
remember
good
to
remind
that.
On
our
discord
channel,
we
have
a
trader
chat
channel
that
there's
always
a
lot
of
interesting
discussions
there.
B
I
always
see
a
lot
of
discussions
of
traders
about
concepts
of
of
markets
and
how
to
find
good
markets,
how
to
figure
out
good
strategies
and
if
you
haven't
joined
score
yet
so
please
go
there
and
there's
a
lot
of
good
activity
there.
It's
a
good
place
to
learn
and
to
to
understand
how
everything
works
right.
B
B
Okay,
great
boats
and
dc
strategies,
so
your
question
jake
would
probably
be
it's
going
to
be
that
when
we're
going
to
add
those
strategies
to
the
bot
right
well,
I
can't
give
you
exactly
a
date
right
now.
We
are
planning
out
things
a
bit
more
from
our
roadmap
or
development.
When
we're
going
to
create
new
things,
publish
new
strategies,
we
are
trying
to
draw
better
our
plan
to
to
to
put
it
for
the
community
to
take
a
look
but
yeah.
B
I
I
don't
have
exactly
a
date,
but
I
bet
that
if
you
find
another
developer
on
our
channel,
we
have
a
dev
channel
and-
and
you
talk
a
bit
better
there-
you
might
find
something
that
is
also
interested
in
creating
this
strategy
and
as
always,
we
always
have
take
a
look.
When
could
the
community
on
external
developers,
from
from
humboldt,
send
a
contribution
to
our
code
right?
B
B
I
would
say
that
one
of
the
main
concepts
is
about
return
to
average,
so
if,
for
example,
you're
running
the
bot
for
a
short
time-
and
at
that
time
you
take
some
losses,
it
doesn't
mean
your
strategy
is
wrong,
because
over
a
long
time,
if
you
give
it
more
time
to
run
and
the
market
moves
on
a
different
direction
for
some
time
you
will,
you
might
have
a
better
result
so
market
making
it
isn't
as
a
type
of
trading
strategy.
That
is
easy
to
see
the
results
immediately
right.
B
If
you
run
the
bot
for
one
day,
you
might
not
get
a
perfect
picture
of
the
results
you
are.
You
are
going
to
receive
right
because
it's
more
the
profitable
for
good
market
making
strategy
usually
come
over
a
longer
period
of
time
where
the
law
you
they
lost
them.
Sometimes
you
take
good
trades
other
times,
but
on
average,
over
a
longer
period
of
time
you
have
a
positive
result
right.
So
it's
a
it's
a
bit
trick.
B
There
isn't
it's
hardly
it's
hard
for
anyone
to
say
even
me,
even
other
traders,
to
give
you
a
specific
configuration
to
run
because
the
market
could
be
different.
The
moment
of
the
market
could
be
different.
The
the
amount
of
liquidity
the
size
of
your
orders
could
be
different.
So
it's
it
it's
a
bit
of
starting
with
an
idea
and
tweak
it
over
time
to
to
make
it
better.
So
there
isn't
a
a
perfect
answer
for
that.
More
light
is
a
bit
more
of
trial
and
error
and
learning.
B
What's
behind
it,
what's
the
theory
behind
the
the
strategy
right
all
right,
so
how
do
feature
out
trendy
markets
and
fine
coin?
Their
trading
range
assuming
trade
markets,
are
bad
for
market
making.
Well,
yeah!
That's
a
great
question.
That's
a
great
question
because
indeed,
if
you
take,
if
you
have
a
trending
market,
it
is
indeed
bad
for
market
making.
The
the
majority
of
the
time
the
market
making
are
profitable
is
when
the
markets
are
ranged,
but
it
is
also
it's
a
bit
of
experience.
B
Looking
at
the
charts
finding
some
indicators,
I
don't
remember
right
now,
but
I
think
it's
adx
8x,
I'm
not
sure.
If
that's
the
one,
but
I
know
I
don't
remember
which
one
I
haven't
looked
at
it
for
in
a
while,
but
I
know
there
is
some
indicators
that
can
give
you
a
sense
if
the
markets
are
trending
or
not
right,
there
is
a.
B
I
don't
remember.
I
had
to
take
some
time
to
research,
but
there
is
indeed
some
indicator
that
you
you
can
attach
to
a
graph
and
to
a
chart
and
depending
on
the
on
the
situation,
it's
going
to
to
tell
you
what
the
probability
of
the
markets
keep
on
that
situation,
keep
trending
or
or
reverse
to
a
more.
B
A
more
ranging
type
of
market
right
so,
since
humbot
is
an
open
source
project.
Does
it
that's
a
big
contribution?
Yes,
indeed,
we
accept
our
public
contributions
right.
We
are
happy
to
see
public
contributions.
We
have
a
few
users
that
are
on
our
community.
That's
created
a
lot
of
pr's.
We
are
that
we
added
these
contributions
to
the
code
already
and
well.
What
happens
when
there
is
a
new
contribution
that
is
created
for
the
code?
B
What
we
usually
do
is
we
check
it
to
to
see
to
see
if
it's
it's
following
the
coding
standards,
it's
following
our
contribution
guide.
It's
it's
something
that,
as
a
review,
we
find
out
that
doesn't
break
or
doesn't
change
something
that
mess
up
with
anything
else
on
the
code.
So
we
always
have
this
check
before
right,
but
also,
if
you
create
a
contribution,
you
can
reach
out
to
our
devil's
developers
on
on
our
discord
and
ask
them
asking
them
questions.
B
A
B
Can't
I
don't
have
the
information
about
that.
Actually,
it's
a
few
different
guys
that
that
handled
this
part
of
the
the
of
the
liquidity
mining
campaigns.
I
don't
have
this
information
with
me,
but
we
always
announce
when
there's
a
campaign
coming
well.
We
always
announce
with
a
few
days
earlier,
so
everyone
can
get
prepared
to
to
run
that
pair
right.
B
So
before
we
go,
I'm
going
to
show
a
bit
about
arbitrage,
some
possible
ways,
interesting
ways
where
you
can
screen
for
arbitrage
opportunities,
because
it's
a
bit
harder
because
the
the
the
dynamic
the
the
change
of
price
usually
is
faster
in
it's
a
bit
harder
to
take
a
look
at
two
different
markets
and
figure
out.
If
there
is
arbitrage
opportunities
there,
but
there
is
a
few
tricks
you
can
try
to
see
if
we
can
find
one.
Let
me
take,
for
example,
creative
view
again
right.
B
B
I
change
it
to
line
chart
right
and
I
start
to
add
another
exchanges
here
with
this
part
where
you
can
add
different
exchanges
and
different
pairs
right.
So
I
click
compare
I
type
dodge.
Let's
say
usdc,
we
have
coin
I'll,
add
kucoin
here
what
happened?
I,
okay,
sorry
change,
miss
click.
I
changed
the
the
pair
right,
so
it's
dodge
usdc.
B
There
is
one
small
trick
here
is
that
you
have
to
put
the
the
the
scale
on
the
right.
You
have
to
put
it
on
regular,
so
they
show
the
price
and
not
the
percentage
over
time.
So,
for
example,
let's
take
dodge
and,
let's
add
another
exchange,
so
chet
you
can
tell
me
what
exchange
you
like
go
ahead
here,
let's
for
now
at
dodge
bus
day
type
on
the
chat.
What
what
you
would
like
to
see
here
right
and
what
else,
let's
say,
dodge
usdt
on
something
interesting
I
saw
today.
What
is
it
time.
A
B
B
Okay,
regular
scale
show
the
price
ftx-
okay,
let's
add
ftx
dodge
ftx.
Oh
sorry,
usd
and
ftx
right.
So
here
is
the
the
interesting
part
right.
There's
a
lot
of
lines.
The
scale
is
on
regular,
showing
the
price
and
well
it's
a
bit
blurry.
But
if
you
take
here
to
the
one
minute
chart
one
minute
time
frame
and
it
was
zooming
you
can
see-
there
is
always
difference
between
all
these
exchanges
right.
B
B
You
can,
for
example,
take
this
point
in
time,
a
few
minutes
earlier
as
we
started
the
live.
There
was
a
difference
here
between
the
price
on
one
swap
and
what's
the
the
top
one
kucoin
there's
a
difference
of
three
percent
right
and
you
go
back
here
and
start
to
see.
There
is
a
lot
of
this
difference
so
since
unswapped
exists,
a
big
difference
and
we're
not
considering
the
transaction
fees
here
right,
let
me
add
another
one.
B
B
B
So
it's
it's
good
to
take
a
look
before
you
add
phones
to
something
that
have
this,
this
big
right.
So
it's
too
big,
let's
it's
out
of
the
normal.
Let's
take
out
hit
bit
c
all
right,
but
so
you
can
go
around
and
take
a
look
between
now
and
exchanges
it
trying
to
find
big
and
interesting
gaps.
For
example,
what
we
can
see
here
you
can
see
in
binance
is
the
orange
line
and
the
top
line
that
is
speech
tracks
right.
There
is
some
points
where
the
gap
is
kind
of
big.
B
B
You
saw
here,
1.46,
so
yeah.
That's
that's
an
interesting
way
to
take
a
look
at
the
history
of
the
the
difference
between
two
exchanges
right.
So
the
same
could
be
done
here.
If
you
take
another
strategy
that
we
haven't
about,
that,
it's
arbitrage
between
spot
markets
and
perpetual
markets
like
it
took
this
unfi
pair
on
binance,
perpetual
and
the
spot
market,
and
you
can
see
the
same
situation
where
we
see
some
gaps
between
the
price
that
trades.
So
we
could
have
some
interesting
opportunities
here,
1.4
percent.
B
B
You
can,
for
example,
only
swap
take
a
look
at
the
information
of
the
3d
pairs
right,
so
it's
this
kind
of
the
same
situation
where
we
want
some
volume
and
you
might
look
for
a
relatively
low
liquidity,
because
when
you
have
a
pole
on
a
swap
that
have
low
liquidity,
each
trade
will
move
the
price
more.
So
this
could
have
more.
This
could
create
more
arbitrage
opportunities.
B
So
if
you
have
a
liquid,
that's
too
big
well,
let
me
check
the
pairs
all
right,
because
if
have
a
liquid,
that's
too
big
2.3
billion,
if
a
big
trade
entered
the
pool,
as
I
cut
the
trade,
the
price
won't
move
too
much
right.
The
price.
You
won't,
have
a
big
impact
on
price,
so
you
won't
create
the
discrepancy
between
the
the
the
pool
and
the
exchange.
B
So
if
you
look
to
arbitrage
on
amms,
you
might
take
a
look
at
the
lower
end
of
the
trading
post
with
less
liquidity,
but
careful,
as
always
so
be
sure
that
the
pool
you're
going
to
trade
is
a
real
pool.
It's
a
valid
pool,
since
anyone
can
create
a
trading
pool
on
swap
balancer
and
be
also
sure
that
you
are
comfortable
on
at
the
event
of
something
not
going
as
I
expected
you're
comfortable
holding
those
coins
right.
B
B
You
can
do.
One
swap
check.
Different
stable
pairs
sometimes
have
interesting
gaps
between
them
right,
so
you
have
usdt
here
on
poloniex,
for
example,
and
on
swap
west
usdc.
Let
me
take
this
out.
Let
me
show
only
one
swap
right,
so
you
might
find
some
interesting
opportunity
on
same
stable
coin
as
a
base.
B
B
If
that's
so,
we
do
have
a
strategy
on
hanbot.
That's
called
liquidity
mining,
where
you
can
add
more
than
one
than
one
trading
pair
and
one
everything
and
one
everything
on
the
same
on
the
same
bot
on
the
same
instance
of
the
bot
and
handle
the
the
liquidity
there.
I'm
not
sure
if
that's
the
question
you're
asking
let's
correct
me:
if,
if
it
is
not
all
right,
all
right,
more
questions,
something
new
something
you
want
to
ask
anything
else,
anything
else
all
right
instead
of
having
two
instances.
B
B
B
Oh
enter
your
other
pairs.
Yes,
you
you,
you
can
add
them
to
the
liquidity
mining
strategy.
Yes,
you
can
do
that.
We
have
a
a
full
complete
guide.
I
won't
talk
too
much
about
a
bit
because
I
don't
want
to
give
wrong
details
about
the
strategy,
but
you
can
check
out
our
document
sites
and
and
also
ask
for
help
on
our
score
channel.
So
I
don't
want
to
give
any
wrong
information,
but
I
know
you
can
just
pick
the
pairs
choose
the
pairs.
B
If
you
want
to
trade
five,
six,
seven
pairs
on
one
instance,
you
can
do
that
with
liquidity
mining.
The
the
configurations
are
a
bit
different
from
the
pure
market.
Making
there
is
it's
a
bit
of
limitation.
You
won't
see
the
full
options,
full
customization
options
that
you
see
on
the
pure
market,
making
strategy
right.
It's
there's
a
bit
limit
what
we
can
do
there
but
yeah.