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Getting Started Guide

Welcome! This guide will help you set up and use the Polymarket-Kalshi Arbitrage Bot, even if you've never coded before.

What This Bot Does

This bot automatically finds and executes risk-free arbitrage opportunities between two prediction market platforms:

  • Polymarket - A decentralized prediction market
  • Kalshi - A regulated prediction market

What is Arbitrage?

Arbitrage means buying and selling the same thing on different platforms to make a guaranteed profit. Here's a simple example:

  • Polymarket: You can buy "YES" for a market at $0.40
  • Kalshi: You can buy "NO" for the same market at $0.58
  • Total cost: $0.98
  • Guaranteed payout: $1.00 (one will always win)
  • Your profit: $0.02 per contract (2% risk-free return!)

The bot automatically finds these opportunities and executes trades for you 24/7.

What You'll Need

Before starting, make sure you have:

  1. A computer (Windows, Mac, or Linux)
  2. An internet connection
  3. Accounts on both Polymarket and Kalshi
  4. Funds in both accounts (USDC on Polymarket, cash on Kalshi)
  5. Basic computer skills (opening files, copying text)

Quick Overview

Here's what you'll do (don't worry, we'll guide you through each step):

  1. Install Rust (the programming language this bot uses)
  2. Download the bot code
  3. Get your API keys from Kalshi and Polymarket
  4. Set up your configuration file (we'll show you exactly what to write)
  5. Run the bot and let it make money!

Next Steps

Ready to start? Follow these guides in order:

  1. Installation Guide - Installing Rust and setting up your computer
  2. Getting Your Credentials - Getting API keys from Kalshi and Polymarket
  3. Configuration Setup - Setting up your bot's settings
  4. Running the Bot - Starting your bot and understanding the output
  5. Troubleshooting - Common problems and how to fix them

Important Safety Notes

Always start in DRY RUN mode - This lets you test the bot without risking real money. The bot is set to dry run by default, so your real money is safe until you're ready.

Start with small amounts - Even when you go live, start with small positions to make sure everything works correctly.

Monitor your bot - Check on it regularly, especially in the beginning.

Ready? Let's start with Installation!