Watch this short video explaining Empiric’s trading bot development for crypto hedge funds
When using our system you are integrated with major cryptocurrency exchanges from day one. The list of connectors that are built, maintained and updated with every change in API is growing and includes exchanges like Coinbase Pro, Bitmex, Binance or Bitbay.
As a customer, you can influence our development team’s roadmap for the next connectors.You can also request building a connector to any other exchange, OTC broker or crypto liquidity provider. Currently our roadmap for next months includes digital asset exchanges like Kraken, Gemini, Bitstamp, Deribit or Bitfinex. More on our crypto software development
As algorithms are executed on the server-side, we will set a proper hosted server environment for you. You will control the algorithms with lightweight frontend application, that do not have any excessive system requirements.
No. You connect our platform to the trading accounts you already have on crypto exchanges. All your balances are always on the exchange side, so you have always full control of your funds, and you can ask for withdrawal on your exchange whenever you want.
Yes. The usage and monitoring of bots are designed to be straightforward. Although the software architecture is incredibly powerful, the complicated stuff is under the hood.
Empirica automates trading on major cryptocurrency exchanges such as:
and a few others are underway. If your exchange is not yet supported, please contact us.
Major cryptocurrencies like Bitcoin, Ethereum and Litecoin as well as other altcoins.
Not to the general public. But if you decide to extend our algorithms with your own logic, you will get the source code with the licence to modify and use it.
Definition
Cryptocurrency arbitrage can be described as a set of trading operations that is performed simultaneously by buying and selling the same cryptocurrency amount from two different exchanges to gain a profit off the exchange rate difference. The transaction is carried out in a way that the cryptocurrency amount on both exchanges is equal to the amount before the transaction, while the equivalent amount in fiat is increased by the rate difference.
Description
Histrically, crytocurrency arbitrage derives its roots from statistical arbitrage. Statistical arbitrage performed on traditional markets was set to gain profit by simultaneously buying and selling shares of two correlated instruments. It is recomended to find two securities that are in the same sector / industry, they should have similar market capitalization and average volume traded. SA Strategy calculates two following values, which are later used to generate proper trade signals:
periods prices of two assets periods prices of two assetswhere is a Number of Periods.
Mean and standard deviation are defined as follows:
where 
(
) is a price of the first (second) asset at the moment 
.
SA strategy starts decision rule, if orders should be sent after receiving Number of Periods trades.
| PARAMETER NAME | DESCRIPTION | ESSENTIAL |
|---|---|---|
| Number of Periods | Number of last ‘last trades’ events taken into account in a computation of the mean and standard deviation | Yes |
Consider an arbitrary moment 
, when strategy has no opened positions. If 
then we buy asset A and sell B.
Consider an arbitrary moment 
we should close these two positions when 
.
There is no strategy termination condition.
This strategy is dedicated to run in a long period of time. The instruments are highly correlated, so it is not likely that the ratio of prices will differ from mean by two standard deviations.
Recommended readings:
Basket Orders, Bollinger Bands, CSI, MACD, Market Close, Parabolic SAR, POV, RSI, Slow Stachastic Osilliator, Statistical Arbitrage, TWAP, VWAP, William %R, Smart Order Routing
Request a demo