Crypto arbitrage remains one of the most effective trading strategies for minimizing exposure to market volatility while generating consistent returns. By capitalizing on price discrepancies across exchanges, traders can buy low on one platform and sell high on another—profiting from small but frequent market inefficiencies. However, identifying these opportunities manually is nearly impossible due to the speed and fragmentation of today’s crypto markets.
That’s where crypto arbitrage scanners come in. These tools monitor dozens of exchanges in real time, instantly flagging profitable gaps in asset prices. Whether you're a seasoned trader or just getting started, using the right scanner can significantly boost your efficiency and success rate.
In this guide, we break down the top 5 crypto arbitrage scanners of 2024, their features, pricing, and how they can help optimize your trading strategy.
What Is Arbitrage in Crypto?
Arbitrage is a time-tested financial strategy that involves buying an asset at a lower price on one market and selling it at a higher price on another. In the context of cryptocurrency, this means taking advantage of slight price differences for the same digital asset—like Bitcoin (BTC) or Ethereum (ETH)—across various centralized (CEX) and decentralized exchanges (DEX).
For example, if BTC is priced at $60,000 on Exchange A but $60,150 on Exchange B, a trader can buy on A and sell on B, pocketing the $150 difference per BTC. While individual profits may seem small, high-frequency trading and large capital volumes can turn these micro-opportunities into substantial gains.
Because arbitrage exploits price lags rather than market direction, it carries minimal volatility risk, making it ideal for traders seeking stable returns in turbulent markets.
What Are Crypto Arbitrage Scanners?
Crypto arbitrage scanners are advanced software platforms designed to scan multiple exchanges simultaneously for price imbalances. These tools use real-time data feeds and sophisticated algorithms to detect discrepancies in asset prices across markets.
Depending on the platform, scanners either:
- Send instant alerts so users can act manually, or
- Integrate with trading bots that execute trades automatically.
Beyond just spotting opportunities, many scanners offer portfolio tracking, rule-based automation, and deep market analytics. This allows traders to streamline operations, reduce human error, and scale their strategies without managing dozens of exchange accounts separately.
Key benefits include:
- Faster trade execution
- Access to both CEX and DEX markets
- Real-time notifications
- Support for thousands of trading pairs
Let’s explore the five best arbitrage scanners available in 2024.
1. Cryptohopper
Cryptohopper stands out as one of the most popular automated crypto trading platforms, offering dedicated support for arbitrage strategies. It connects to 16 major exchanges including Binance, OKX, Coinbase Advanced, and Kraken.
The platform's built-in arbitrage scanner allows users to set custom parameters such as preferred exchanges, trading pairs, and minimum profit thresholds. Once configured, it continuously monitors the market and triggers alerts—or automated trades—when conditions are met.
In addition to standard cross-exchange arbitrage, Cryptohopper supports triangular arbitrage (trading across three currency pairs within a single exchange) and cross-chain opportunities.
Key Features:
- Integration with 16 top-tier exchanges
- AI-powered trading bots
- Manual bot creation or copy-trading options
- Full trading terminal with portfolio management
- Backtesting and demo mode for strategy validation
Pricing starts at $19/month for basic access, with the premium “Hero” plan costing $129/month for advanced tools and higher trade frequency.
2. Arbitragescanner.io
Unlike general-purpose trading bots, Arbitragescanner.io focuses exclusively on finding arbitrage opportunities—making it a powerful tool for specialists. It supports around 75 crypto exchanges, including major DEXs like Uniswap and PancakeSwap.
One of its standout features is multi-chain scanning across 20 blockchain networks, including Ethereum, BNB Chain, Arbitrum, Optimism, and Avalanche. This is crucial because many tokens exist on multiple chains, often with temporary price divergences due to liquidity imbalances.
The scanner checks markets every 4 seconds, ensuring near real-time detection. It also claims to support over 100,000 tokens, wallets, and even NFTs—though automated trading isn’t available.
A unique add-on called ArbitrageScanner Message scans Telegram and Twitter groups for early signals about upcoming token launches or whale movements.
Key Features:
- Real-time alerts every 4 seconds
- Coverage of 75+ exchanges and 20 blockchains
- Beginner-friendly interface with educational resources
- Social sentiment monitoring via chat scraping
Plans start at $69/month for the basic tier.
👉 See how real-time scanning can uncover hidden arbitrage windows others miss.
3. Coinrule
Coinrule is an automated strategy platform that enables traders to build rule-based bots using simple “if this, then that” logic. While not exclusively an arbitrage scanner, it includes powerful tools tailored for price gap trading.
Users can set rules like:
“If BTC price on Binance is 2% lower than on Kraken, buy on Binance and sell on Kraken.”
This level of customization makes Coinrule highly flexible for executing both simple and complex arbitrage strategies.
The platform supports major exchanges like Binance, Coinbase, KuCoin, Crypto.com, and OKX. A demo account lets users test strategies risk-free before going live.
Key Features:
- Rule-based automation with intuitive builder
- Pre-built templates for common arbitrage setups
- Risk-free demo environment
- Supports recurring trades and stop-loss rules
Pricing begins at $19.95/month for up to 7 live rules and 3 connected exchanges.
4. Bitsgap
Bitsgap is a comprehensive trading platform offering algorithmic trading, portfolio tracking, and smart order execution across 15 supported exchanges, including Binance, OKX, KuCoin, and Bybit.
While it doesn’t have dedicated arbitrage bots, its unified interface allows traders to manually compare prices across exchanges in real time and execute trades quickly from a single dashboard.
Its GRID and DCA (Dollar-Cost Averaging) bots can be adapted for certain types of mean-reversion arbitrage strategies. With over 600,000 users globally and nearly $660 billion in cumulative trading volume processed, Bitsgap has proven reliability.
Key Features:
- Unified terminal for multi-exchange trading
- Demo trading mode
- Portfolio analytics and performance tracking
- Automated GRID and DCA bots
The basic plan costs $27/month.
5. Algory.io
Algory.io is a versatile market scanning tool that empowers traders to create custom scanners using over 100 filters based on volume, volatility, liquidity, price changes, and more.
It supports 17 major exchanges and over 1,000 digital assets. While it doesn’t automate trades directly, it excels at identifying promising arbitrage setups through real-time alerts.
Its news streamer feature aggregates updates from thousands of sources—including social media and crypto news sites—helping traders anticipate market-moving events that could create temporary price imbalances.
Key Features:
- Custom scanner builder with 100+ filters
- Real-time market monitoring
- News sentiment tracking
- Lightweight interface with fast load times
At just $8.99/month for the basic plan, Algory.io offers excellent value for budget-conscious traders.
Frequently Asked Questions (FAQs)
What is the main advantage of using a crypto arbitrage scanner?
Arbitrage scanners automate the detection of price differences across exchanges, enabling faster trade execution and reducing missed opportunities due to manual monitoring delays.
Can beginners use these tools effectively?
Yes—many platforms like Arbitragescanner.io and Coinrule offer user-friendly interfaces, educational guides, and demo modes that make them accessible even to new traders.
Do all arbitrage scanners support automated trading?
No. Tools like Arbitragescanner.io and Algory.io only provide alerts; you must place trades manually. Others like Cryptohopper and Coinrule support full automation via integrated bots.
Are there risks involved in crypto arbitrage?
Yes. Risks include withdrawal delays, exchange fees eating into profits, network congestion affecting transfers, and sudden price movements during execution. Always factor in all costs before trading.
Which scanner offers the best value for money?
Algory.io stands out with its $8.99/month entry point and rich filtering options. For automated trading, Coinrule offers strong flexibility at a mid-tier price.
Can arbitrage work between decentralized exchanges (DEXs)?
Yes—especially with multi-chain scanners like Arbitragescanner.io that track liquidity pools across networks like Ethereum and Arbitrum where temporary imbalances frequently occur.
👉 Start leveraging real-time market insights and maximize your arbitrage potential today.