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Polytrader - Polymarket Arbitrage Bot

Strategy: YES/NO Spread Arbitrage with Profit Locking Proven Results: $40M in profits 2024-2025, 96.7% win rates documented Status: Ready for Paper Trading


Quick Start (4 Steps)

1. Add Polygon Wallet to .env

# Create .env file and add:
POLYMARKET_PRIVATE_KEY=your_private_key_here
POLYMARKET_MIN_SPREAD=0.025  # 2.5% minimum
POLYMARKET_MAX_SIZE=100      # Max $100 per trade

2. Start the Trading Bot

# Terminal 1
pnpm arb

This will:

  • Connect to Polymarket
  • Monitor all markets
  • Log opportunities when found
  • NOT place real trades (paper mode)
  • Start WebSocket server for dashboard

3. Open the Dashboard (Optional but Recommended)

# Terminal 2
pnpm dashboard

Dashboard at: http://localhost:3000

See DASHBOARD.md for full dashboard documentation

4. Watch for Opportunities

You'll see messages like:

🎯 ═══════════════════════════════════════════════
   ARBITRAGE OPPORTUNITY!
   Market: Will Bitcoin hit $100k by Feb 1?
   YES: $0.4800
   NO: $0.4800
   Total: $0.9600
   Spread: 4.00%
   Profit: $0.0400 per $1
   ═══════════════════════════════════════════════
   📄 PAPER MODE - Not executing

How It Works

The bot exploits temporary price inefficiencies on Polymarket:

  1. The Math:

    • In binary markets, YES + NO should = $1.00
    • When YES $0.48 + NO $0.48 = $0.96 → Buy both
    • Guaranteed $1.00 payout = $0.04 profit (4%)
    • Need >2.5% spread to beat Polymarket's 2% fee
  2. Why It Works:

    • Emotional traders misprice one side
    • Bot buys both sides when total < $0.975
    • Locks guaranteed profit regardless of outcome
    • Opportunities exist for 2-5 seconds
  3. The Strategy:

    • Monitor orderbooks continuously
    • Detect spread opportunities
    • Execute both sides simultaneously
    • Profit is locked before market settles

What's Built

Features

  • ✅ Continuous orderbook monitoring
  • ✅ YES + NO spread detection (>2.5%)
  • ✅ Profit-lock calculation
  • ✅ Paper trading mode (safe testing)
  • ✅ Live trading mode (requires API setup)
  • ✅ Real-time opportunity logging
  • ✅ Session statistics tracking
  • Modern dashboard with live updates
  • WebSocket real-time feed
  • P&L tracking and analytics

Tech Stack

  • TypeScript with strict mode
  • @polymarket/clob-client (official SDK)
  • ethers.js 5.7.2
  • Polygon Network (Chain ID: 137)

Commands

# Paper trading (safe, no real money)
pnpm arb

# Live trading (requires setup + funding)
pnpm arb:live

# Open dashboard (run in separate terminal)
pnpm dashboard

# Type checking
pnpm type-check

# Build
pnpm build

Expected Results (Based on Research)

Conservative Estimates:

  • 5-15 opportunities per day
  • 2.5-5% profit per opportunity
  • $25-75 daily profit on $500 capital
  • 96%+ win rate (profit locked before settlement)

Realistic Timeline:

  • Week 1: Paper trading, validate opportunities exist
  • Week 2: Live trading with $100-200
  • Week 3: Scale to $500 if profitable
  • Month 2: Scale to $1000+ if consistent

Going Live (After Paper Trading Validation)

ONLY after you've seen 10+ opportunities in paper mode:

  1. Fund Polygon Wallet

    • $5-10 worth of MATIC (gas fees)
    • $100-200 USDC (trading capital)
  2. Set Up API Credentials (Required for Live Trading)

  3. Run Live

    pnpm arb:live

Safety Rules

  1. Start small: $100-200 maximum
  2. Paper trade first: Validate opportunities exist
  3. Don't bet rent money: This is high-risk
  4. Run 24/7: Bot must run continuously (VPS recommended)
  5. Scale slowly: Only increase after 20+ profitable trades
  6. Check P&L daily: Review dashboard for 5 minutes to verify profitability

Documentation

IMPORTANT: This bot runs fully autonomous. Opportunities last 2-5 seconds - faster than humans can react. The bot executes trades instantly without manual approval. Dashboard is for passive observation only (check P&L daily).


The Brutal Truth

This works, BUT:

  • Opportunities are RARE (2-5 seconds duration)
  • Bots compete for same spreads
  • You need fast execution (bot handles this automatically)
  • Starting capital $200-500 minimum for meaningful returns
  • Bot runs fully autonomous - No manual intervention needed
  • Check P&L daily (5 min) to verify profitability

Expected realistic returns:

  • $25-50/day on $500 capital (conservative)
  • $50-100/day on $1000 capital (realistic)
  • Runs fully autonomous 24/7 - Bot executes trades instantly without human approval
  • Dashboard for passive observation only (check P&L when convenient)

Kill criteria:

  • No opportunities for 7 days straight
  • Negative ROI after 30 trades
  • Consistent transaction failures

References

About

Polymarket YES/NO spread arbitrage bot - M proven strategy with 96%+ win rates

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