Need help choosing VPS location & setup for crypto arbitrage bots

I’m running a few crypto arbitrage bots (spot only) and trying to understand how VPS location affects performance.

If I’m based in Dubai and trading mainly on Binance UAE, should I host my VPS locally or closer to where Binance’s servers actually are (Singapore, Tokyo, or Europe)?

Also, how much VPS power do I really need for multiple bots — does higher CPU, RAM, or NVMe storage make a big difference in crypto latency?

Would appreciate any insights from traders who’ve optimized their VPS setup for arbitrage or low-latency crypto trading.