Arbitrage Detector
By LuxAlgoDec 17, 2025
Arbitrage Detector is an indicator on Vela, our next-generation charting platform, written in Pine Script®.
Arbitrage Detector watches one asset across up to 19 crypto exchanges and 13 forex brokers simultaneously, a cross-instrument view that surfaces where spreads exist, how large they run, and whether they are unusual, high, typical, or low against their own history. A sortable dashboard shows live prices and volumes per source, while a lower-pane histogram grades spread behavior by percentile.
How to Trade the Arbitrage Detector?
- Dashboard deltas: optional price and volume deltas, shown in parentheses beside each venue's values, quantify how each venue differs from the charted asset, a fast check against executing at an unfavorable price.
- Percentile flags: histogram readings above your Unusual threshold (values beyond the 98th percentile in the daily EUR/USD example) mark abnormal spread activity that often coincides with heightened trading and potential reaction zones.
- Gradient coloring: the histogram shifts toward yellow as spreads heat up and toward green and blue as they cool, while an Average Spread line, smoothed by a fixed EMA or the adaptive Auto mode, steadies the read.
Source selection is automatic (crypto assets pull exchange feeds, everything else uses brokers), with a manual override available. Sorting any dashboard column in ascending or descending order applies a background gradient so the ranked column stays obvious at a glance.
Arbitrage Detector Settings
- Sources: crypto exchanges, forex brokers, or automatic detection from the chart asset.
- Average Length: lookback for average price and volume.
- Percentile Length: window for percentile calculations, or the full dataset at higher resource cost.
- Unusual % > / High % > / Typical % >: thresholds that grade spread size.
- Dashboard: toggle, sort column and direction, position, size, plus the Price Delta and Volume Delta toggles.
- Style: percentile plots and colors, auto-coloring, histogram gradient, and smoothing mode.
Frequently Asked Questions
Free to use
Run it on Vela. Go further with a paid plan.
- Up to 500 Custom Alerts, with webhook automation
- Up to 10× the chart history of Free
- Orderflow lookback up to full history
- More Quant usage to customize it, plus extra usage when you need it
- Futures data alongside crypto, stocks, forex and commodities
Also works on
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