What makes your bot profitable

[yuichiroaoki]

Reasons why your bot is profitable

80%: High market volatility

15%: Execution speed

5%: Target trading routes/pairs

Some tips

Setting Gas Price Dynamic

You can get the current gas price with ethers.js.
You should add some value to the current gas price for your tx to get included faster.

ex.

  const gasPrice = await provider.getGasPrice();
  const extraGas = ethers.utils.parseUnits("100", "gwei");

  return Flashloan.connect(signer).dodoFlashLoan(params, {
    gasLimit: gasLimit,
    gasPrice: gasPrice.add(extraGas),
  });

Note: This way your bot will consume a lot of Matic when the market is volatile and gas price are high.

Running a Polygon Node

You can get price faster and there's no rate limits.
cost: $470 USD / month (using GCP)

Ref. https://docs.polygon.technology/docs/integrate/full-node-deployment/

[recidive]

Hello @yuichiroaoki !

Is there anything besides increasing gas prices that increases the chance the transaction gets into the next block?

No matter how much gas I add my transactions take 2-3 blocks to get confirmed.

I posted a question here, but it looks like this repo is more active.

Thank you very much!