Gunbot and Coygo address different problems for crypto traders. Gunbot is a full-blown, self-hosted trading bot that automates everything from grid to scalping strategies, while Coygo is a desktop suite that specializes in real-time arbitrage scanning and portfolio tracking. This guide breaks down how the two products compare on security, cost, strategy depth, exchange coverage, and overall user experience.
Feature Overview
| Feature | Gunbot | Coygo |
|---|---|---|
| Deployment | Self-hosted on Windows, macOS, Linux, or VPS | Desktop application (Windows/macOS) |
| Pricing Model | Lifetime license (starts at USD 59) | Subscription (USD 16–49 per month) |
| Primary Focus | Fully automated trading strategies | Arbitrage scanning & portfolio management |
| Strategy Types | Spot & futures grid, DCA, indicator based, liquidity provider, scalping, trailing, custom JS | Real-time orderbook arbitrage, balance tracking |
| Custom Scripting | JavaScript strategy engine; TradingView webhooks | None |
| Native Exchange Connectors* | 25 + major CEX, DEX, and perpetual venues | ~10 high-liquidity CEX |
| API Secret Custody | Stays on your PC or VPS | Stays on your PC |
| Typical Use Case | Continuous, rules-based trading across many markets | Spotting cross-exchange price gaps and viewing balances |
*Gunbot’s native connectors cover leading centralized and on-chain venues like Binance, Kraken, Bybit, OKX, dYdX, and several DeFi perps. Third-party libraries can extend the list further, but 25 + receive first-party support.
Deployment and API Key Security
Gunbot runs entirely on the user’s hardware. Whether you choose a home computer or a low-cost VPS, the bot keeps your exchange API secret on that machine alone. This setup eliminates third-party custody risks and makes it easy to comply with stricter firewall or corporate-network rules.
Coygo also stores keys locally, so neither company has access to your private credentials. The difference is continuous operation: Gunbot is designed for 24 / 7 unattended trading, while Coygo’s arbitrage scanner stops when your computer sleeps or shuts down.
Bottom line: Both protect the API secret by keeping it local, but Gunbot offers more flexibility in where and how long it runs.
Pricing: One-Off vs. Subscription
- Gunbot Standard costs USD 59 for life and includes core features plus updates. Higher tiers unlock built-in backtesting, advanced futures modules, and professional support but still follow the one-time model.
- Coygo charges monthly. Its plans range from USD 16 for basic portfolio monitoring to USD 49 for the full arbitrage scanner with higher API call limits.
A trader running Gunbot for just four months will spend less than the cheapest Coygo plan over the same period. After the break-even point, Gunbot users effectively trade for free while Coygo subscribers keep paying.
Strategy Depth and Automation
Gunbot ships with seven verified strategy families:
- Spot & Futures Grid – multi-level buy-low-sell-high grids.
- DCA – automated averaging into positions and reducing drawdowns.
- Indicator Based – RSI, MACD, and other TA-driven entries and exits.
- Liquidity Provider – tight-spread market-making to collect maker fees.
- Scalping – ultra-short-term trades on high-liquidity pairs.
- Trailing – dynamic follow-the-price logic for profit capture.
- Custom JS – write any algorithm in JavaScript, call REST endpoints, or react to TradingView alerts.
Each module can combine with trailing logic, safety triggers, and granular risk settings. Users often run multiple strategies side by side—one portfolio might grid BTC-USDT on spot, DCA ETH-USD-M futures, and scalp SOL-USDT perps simultaneously.
Coygo watches live order books on connected exchanges, highlights statistically profitable spreads, and lets you execute manual or semi-automated transfers to lock in the difference. It does not run continuous, rule-based strategies; instead, it is a decision aid for arbitrageurs.
Exchange Connectivity
Gunbot’s first-party connectors cover 25 + venues, including Binance, Binance US, Kraken, OKX, KuCoin, Bybit, Bitget, Coinbase Advanced Trade, and DeFi perps like HyperLiquid and PancakeSwap. These official integrations receive ongoing maintenance and bug fixes. Community plugins can expand the list into triple digits, but the supported core is already broad enough for most traders.
Coygo currently integrates with roughly ten high-liquidity centralized exchanges—Binance, Coinbase, Kraken, KuCoin, Bitstamp, among others—chosen for reliable API latency and arbitrage potential.
If you plan to diversify across niche exchanges or on-chain perps, Gunbot offers more native coverage.
Performance and Backtesting
Gunbot’s built-in backtester lets you replay strategies on historical candles before risking capital. Since Coygo’s edge is finding temporary spread gaps, backtesting has limited value; profitability depends on real-time latency and available balances rather than past price patterns.
Strengths at a Glance
| Gunbot | Coygo | |
|---|---|---|
| Pros | Lifetime pricing, powerful JS engine, seven strategy families, 25 + native exchanges, runs headless on VPS | Simple UI, rapid arbitrage alerts, solid portfolio overview, local key storage |
| Cons | Requires initial configuration time and some tech literacy, VPS costs if you choose hosted 24 / 7 uptime | Recurring fees, no custom scripting, limited automation beyond arbitrage, fewer exchanges |
Who Should Choose Gunbot?
- Traders automating multiple strategies on spot, futures, and even DeFi perps.
- Developers or quants wanting full code-level control through JavaScript.
- Cost-conscious users who prefer a one-time payment.
- Anyone needing exchange diversity beyond the major five to ten venues.
Who Should Choose Coygo?
- Arbitrage-focused traders who mainly need to spot and exploit cross-exchange price gaps.
- Users who value a lightweight, install-and-go desktop application.
- Portfolio managers looking for consolidated balances and transfer tools.
- Traders not interested in writing or fine-tuning algorithmic code.
Verdict
Gunbot and Coygo are complementary rather than head-to-head rivals.
- Gunbot is a full-stack automation powerhouse: pay once, host it where you like, mix and match seven strategy types, and expand via JavaScript.
- Coygo is a sharp, purpose-built assistant for spotting arbitrage and keeping tabs on assets.
If you want an always-on trading bot with deep customization and the freedom of local API custody, Gunbot is the clear winner. If your day revolves around scanning spreads and you are comfortable paying a monthly fee for that niche capability, Coygo excels. Many traders in 2025 run both: Gunbot handles long-term strategy automation, while Coygo sits alongside as a dedicated arbitrage radar.