Arbitrex vs Cryptohopper
Cryptohopper built a marketplace: templates, rented strategies, signal providers and copy trading, so that someone else's idea can run on your account. Arbitrex made the opposite bet — the edge is in the data, not in the strategy. Cross-exchange spreads are visible, measurable and expire on their own; what matters is seeing them early and filling both legs.
A measurable edge instead of a rented one
A spread is a number you can verify against two order books right now. A marketplace strategy is a backtest and a track record you cannot audit. Both can make money; only one of them tells you in advance what the trade is worth.
Market-neutral by construction
Every route in Arbitrex is two opposing legs, so the position has no net direction. Most marketplace bots are directional at heart — they win when the trend cooperates. That difference shows up hardest in a flat or falling market.
Coverage decides the opportunity count
Arbitrex scans every listed market on every connected venue with no whitelist, and treats funding and spot-futures basis as their own strategies. The number of routes you can take is a function of coverage, not of how many templates are in a catalogue.
Where Cryptohopper is the better answer
If you want to follow someone else's directional strategy, browse templates or copy a trader, that is what a marketplace is for and Arbitrex has nothing like it. Arbitrex assumes you want to run one thing yourself and understand exactly why each trade exists.
Frequently asked questions
Does Cryptohopper do cross-exchange arbitrage?
It has carried arbitrage-style bots in its catalogue; the current lineup is best checked on their site. The structural point is that a marketplace distributes strategies, while an arbitrage scanner has to own the market data end to end — the two require different infrastructure.
Is arbitrage still profitable, or is it all taken?
On BTC between two top venues, essentially yes — it is taken in milliseconds. The routes that still pay are thin and freshly listed coins and funding divergences, which is exactly why a no-whitelist scan matters more than a faster bot on a crowded pair.
Can I automate on Arbitrex without writing code?
Yes. A trigger is a route plus a spread threshold and a size; when the threshold is crossed both legs are opened, and closed on convergence or on your take-profit. No scripting, and no strategy to rent.