Disabling Arbitrage Strategies

To completely stop an Arbitrage Strategy in the Idatco platform, follow these steps:

1. Login to your Idatco account.
2. Navigate to Arbitrage Trades > View/Create a Strategy in your dashboard.
   • At the top of the page, you’ll see the section for creating a new arbitrage strategy.
   
   
   • At the bottom, you’ll find a list of all your existing arbitrage strategies.
   Each strategy row shows these key details:
   • Name — The custom name you assigned (e.g., “Kraken AUD Xago GBP at 1% Gap”).
   • Config — Displays the assets/currencies involved (e.g., AUD and GBP), the two exchanges you’re arbitraging between (e.g., Kraken and Xago), and the target arbitrage percentage gap (the minimum XRP price difference needed to trigger a trade (e.g., 1%).
   • Message/Status — Shows current available gaps (e.g., “Current gap: 1.8%”) and whether you have sufficient balance of the required asset(s) to trade (e.g., “– Insufficient fiat” or “No AUD balance at Kraken”).
3. Locate your strategy
   Use the search field at the top to find your specific strategy by name.
   In this example, we will use a strategy called Kraken AUD Xago GBP at 1% Gap.
   
4. Edit the strategy
   • Click the three dots (⋯) at the end of the strategy row.
   • Select Edit Strategy.
     
     
     
5. Change the Active status to False.
6. Then click the Save button.
   

This action disables the strategy but does not delete it. It will remain visible in your list, appearing as Disabled in the Message/Status column.

Important Notes:
XRP as the core asset in Idatco Arbitrage
Idatco currently supports XRP exclusively as the cryptocurrency for arbitrage trading — no other cryptos like Bitcoin (BTC) or Ethereum (ETH) are available at this time.

• All arbitrage trades are executed using XRP as the bridged/transfer asset.
• This means you buy XRP on one exchange (using the starting fiat/stablecoin) and sell XRP on the other exchange (for the ending fiat/stablecoin), profiting from the price gap.

That’s why you enter an amount in XRP (not fiat) when setting up the strategy — this specifies the quantity of XRP to trade per opportunity.

Example: In a typical setup:

• The profit comes from the XRP percentage gap between the two exchanges.
• The strategy buys 230 XRP with AUD on Kraken (where XRP is cheaper relative to the gap).
• It then sells that 230 XRP on Xago for GBP (where XRP fetches a higher equivalent value).

Idatco and Exchange Fees – Key Details
Idatco charges a flat 0.25% transaction fee on each executed arbitrage trade (this is automatically deducted from your balance once accumulated fees reach a minimum threshold, e.g., 5 XRP, $5, or equivalent in the trade currency).

The percentage gap you set in your strategy (e.g., 1%) refers to the raw price difference between the two exchanges before any fees are applied.

Idatco’s 0.25% fee — plus the trading fees from both connected exchanges — are not included in or subtracted from this displayed gap.

Realistic Profit Calculation Example:
If you set a 1% gap threshold:

• The platform triggers a trade only when the observed price difference reaches at least 1%.
• Your actual net profit will be approximately:
  1% (gap) – 0.25% (Idatco fee) – Exchange 1 fee – Exchange 2 fee

For instance:

• Gap = 1%
• Idatco fee = 0.25%
• Typical exchange fees (e.g., Kraken taker ~0.40%, Xago ~0.25%) might total ~0.65% round-trip
• Net profit ≈ 1% – 0.25% – 0.65% = 0.10% (or potentially negative if fees are higher — always check current exchange fee tiers in Idatco’s docs).