Dapp : https://aawebot.com
1. Choose a Token to Start arbitrage
The DAPP will automatically check for possible arbitrage opportunities for the selected token on the Decentralized exchanges (on ETH or BSC chain)
2. Get the Loan for the Arbitrage
Once the opportunity has been found, you can get Flash Loan from AAWE, Multiplier-Finance, or from PancakeSwap/Uniswap (thanks to flash swap). This is done for you in the dapp, just select the loan amount.
3. Deposit ETH or BNB
Now you need pay the fees of the Loan to start arbitrage clicking the deposit Button.
4. Run arbitrage script
The bot will execute the arbitrage trades, repay the Flash Loan amount and will split the profit between you and the devs (only 0.3% of the profit will go to devs).
A flash loan is a feature that allows you to borrow any available amount of assets from a designated smart contract pool with no collateral. Flash loans are useful building blocks in DeFi as they can be used for things like arbitrage, swapping collateral and self-liquidation.