poly-arb
github.com/melvingoodman7507/poly-arb
Read-only maker-arbitrage scanner for Polymarket with paper-trade simulation and live dashboard; no wallet or funds needed.
Maker arbitrage scanning with paper-trading simulation and dashboard visualization
Poly-arb is positioned as a read-only maker-arbitrage scanner for Polymarket, paired with a paper-trading simulator. The 'read-only' tag is reassuring - it doesn't require wallet keys or manage funds, reducing risk. The core function is to scan Polymarket's order books for maker-arb opportunities (e.g., placing both bid and ask orders across related markets to capture the spread) and simulate how these would perform without real capital. The live dashboard would visualize these opportunities and the paper-trade results. The 268KB repo suggests a lightweight tool with minimal dependencies, likely using the polymarketAPI or similar in read-only mode. This is an educational tool, not a live trading bot. Its value is in demonstrating how maker arbitrage works and testing strategies without financial risk. The username 'melvingoodman7507' looks like it could be an alias, but the code is auditable. The main drawback is that paper-trading results often don't translate to live profits due to order fill probabilities, latency, and market impact. Still, the maker-arb approach is interesting because it's less crowded than taker arbitrage. Worth monitoring for the strategy logic; not for deployment. Malware risk is low as it's read-only and small.