The script polls ETHUSDT prices from two exchanges, Kucoin and Binance. Whenever the spread (price difference from ask and bid in this case between exchanges) are wide enough - counting in the expected commissions - and our available balance would cover the estimated trade + commisssions, two order will be sent, a BUY and SELL.

Then, we check the status of the orders, and if both executed then we generate a status email of the profit.

If any of the orders not got executed, just sitting in the book, then the order will be cancelled, and we also need to initiate a new trade on the successfully traded side, to revert back the balance so availble fund will be there when the next opportunity would come.

Spreadfinder is a utility to detect which exchanges / markets are good canditates for arbitrage trading. It need to start and leave it running for a few days. Later read in and analyize the datafile.

AH.