Binance's and Bitmex's BTCUSDT to XBTUSD reached a 14 day high on the 21st November 2019 at 15:04 showing a 49.1% decrease from the ninety day high of 284, making a difference of -139.5 over the 77 days, the combination currently spreads at 8.43 from 14:53:23 today looking at profit of 0.00164699 BTC with every 1 BTC exchanged. Since we began we have verified its pairing top out at 144.5 since the 1st of November 2019. In the last 24 hours the spread reached a high of 144.5 meaning -456.15 decrease from the year high signalling a 75.9% shortening from that high. Binance and Bitmex's BTCUSDT and XBTUSD is placed 44th currently. This combination isn't a excellent change, and not the same as Bitfinex BTCUSD to Bitmex XBTUSD and Bitfinex ETHBTC to Bitmex ETHZ19 which should take your euros.
22nd November 2019 14:53:23 UTC - 3 weeks ago
Binance BTCUSDT @ 7034.43000000
Bitmex XBTUSD @ 7026.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00164699 BTC with a 0.16% return
Bitcoin Trade Size
This renders a profit of 0.008235 bitcoin if you sell 5 bitcoin of BTCUSDT at Binance at the market price of 7,034.43 and order the very same quantity of 5 BTC of XBTUSD at Bitmex set at 7,026.00 meaning a $57.95 profit with bitcoin stable at $7,037. We would advise scrutinize this arbitrage pairing more, as it would provide profit if performed to the sound of 0.001647 per 1 BTC. The general idea points that the profits will be stunted causing obvious doubt to proceed, specifically when you have the profits presented by Bitfinex ETHBTC to Bitmex ETHZ19 giving 0.02052610 bitcoin return per one bitcoin at this moment.
Disclaimer : We are not financial consultants and all financial transactions are the responsbility of the user, this information provided is only valid at the timestamp of 22nd November 2019 14:53:23, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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