Sikarra

A sophisticated Rust based arbitrage and marjet making system that monitors decentralized exhange (DEX) pools and centralized exchange (CEX) price feeds to identify tradin opportunities on Base Network.

🚀 Overview

The system is based on an even driven architecture.

Core Components

• sikkara-adapters: Exchange adapters for CEX (Coinbase WebSocket) and DEX (Uniswap V4) integration
• sikkara-bot: Main bot logic
• sikkara-core: Shared utilities, engine framework, and common types
• sikkara-wsclient: WebSocket client infrastructure with reconnection and heartbeat

🛠️ Features

Price Monitoring

• Real-time CEX Data: WebSocket connection to Coinbase Pro for live ETH/USDC pricing
• On-chain DEX Data: Direct integration with Uniswap V4 pool contracts on Base
• High-precision Calculations: Uses 512-bit decimal arithmetic for financial accuracy

Arbitrage Detection

• Cross-venue Price Comparison: Identifies price discrepancies between CEX and DEX
• Configurable Thresholds: Set minimum profit percentages and absolute amounts
• Directional Analysis: Determines optimal buy/sell venue combinations

Market Making Simulation

• Fair Value Reference: Uses CEX prices as baseline for range calculations
• Dynamic Spread Management: Adjusts spreads based on market volatility and conditions

🚦 Getting Started

Prerequisites

• Rust 1.70+ with Cargo
• Access to Base network RPC endpoint
• Coinbase Pro WebSocket access

Installation

# Install Cargo Maker For Easy
cargo install cargo-make

# Build the project
cargo make build-release

# Run tests
cargo test

Running

# Start the bot
cargo run --bin sikarra-bot


# Enable debug logging
RUST_LOG=debug cargo run --bin sikarra-bot

• A default configuration is provided in config folder.
• It subscribes to ETH-USDC trading pair.
• Please note that events from CEX and DEX are only logged in debug mode. So if interested in seeing those events please turn on the DEBUG logs, as shown above