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Monitor Bitcoin Arbitrage Between Binance & Upbit with GPT Analysis & Email

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Created by: GYEONGJUN CHAE || jun

GYEONGJUN CHAE

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Last update a day ago

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Crypto Arbitrage Analyzer: Binance vs Upbit (Kimchi Premium)

Short Description

Automate crypto arbitrage monitoring between Binance and Upbit. Track the "Kimchi Premium," analyze BTC price gaps with AI, and receive actionable trading reports via email.

Full Description

🚀 Overview
This workflow serves as an automated analyst for cryptocurrency traders focusing on the "Kimchi Premium" (the price gap between South Korean and global exchanges). It fetches real-time Bitcoin (BTC) prices from Binance (Global) and Upbit (Korea), compares them against the current USD/KRW forex rate, and uses OpenAI (GPT) to generate a sophisticated arbitrage assessment report sent directly to your inbox.

✨ Key Features

  • Multi-Market Data Aggregation: Simultaneously fetches data from Binance, Upbit, and Forex APIs.
  • Real-time Forex Conversion: Accurately calculates spreads using live USD/KRW exchange rates.
  • AI-Powered Analysis: Uses OpenAI to interpret the data, calculating spread percentages and profit margins automatically.
  • Automated Reporting: Delivers a clean, HTML-formatted trading report via Gmail every 30 minutes (customizable).

🛠️ How it Works

  1. Schedule Trigger: Runs the workflow automatically at set intervals (default: every 30 mins).
  2. Data Fetching:
    • Gets BTC/USDT price from Binance.
    • Gets BTC/KRW and BTC/USDT prices from Upbit.
    • Gets USD/KRW exchange rate from a Forex API.
  3. Normalization: Standardizes the data structure from different APIs into a unified format.
  4. AI Processing: An OpenAI Agent analyzes the price differences, calculates the arbitrage gap (Kimchi Premium), and drafts a summary.
  5. Notification: A Structured Output Parser formats the AI's response, and the report is emailed to the trader via Gmail.

📋 Prerequisites / Setup
To use this workflow, you need to configure the following credentials in n8n:

  • OpenAI API: Required for the analysis logic (GPT-4o-mini or similar recommended).
  • Gmail (OAuth2): Required to send the email reports.
  • (Note: Binance, Upbit, and Forex data are fetched via public REST APIs in this workflow, so no specific exchange API keys are required for basic data retrieval.)

Use Case / Category

  • Categories: Finance, AI & LLMs, Automation
  • Apps used: OpenAI, Gmail, HTTP Request, Schedule

SEO Keywords (Tagging purpose)

Crypto Arbitrage, Bitcoin, Kimchi Premium, Binance, Upbit, Trading Bot, OpenAI, GPT, Financial Analysis, Automated Reporting