Binance and Bitstamp's BTCUSDT and BTCUSD reached a 7 day period high on the 10th January indicating a 55.6% shortening from the sixty day high of 148.12, making a spread of -82.35 during the 50 days, the pairing currently spreads at 9.07 from 10:05:45 today with a profit of 0.00163832 bitcoin with every one BTC traded. Since tracking proceeded we have viewed its spread top out at 605.21 this year alone. In the last 24 hours the spread reached a high of 22.04 resulting in a -583.17 shortening this year providing a 96.4% reduction. Binance BTCUSDT to Bitstamp BTCUSD is positioned 53rd currently. This arbitrage spread is not treated as a premium development, and not in the same league as HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Binance BTCPAX which should be primary.
13th January 2020 10:05:45 UTC - 31 weeks ago
Binance BTCUSDT @ 8118.07000000
Bitstamp BTCUSD @ 8109.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00163832 BTC with a 0.164% return
Bitcoin Trade Size
This results in an income of 0.037681 bitcoin when you leverage 23 BTC of BTCUSDT at Binance at the market price of 8,118.07 and buy the interchangable amount of 23 bitcoin of BTCUSD at Bitstamp set at 8,109.00 yielding a 305.90 USD profit with BTC teetering at $8,118 per one bitcoin. We would advise scrutinize this arbitrage pairing more, as it would result in profit if carried out to the amount of 0.001638 to each 1 BTC. The advice would be indicates that the profits would be narrow rendering it not worthwhile if you examine exchange and transfer outgoings, and, notably when you consider the profits presented by HBDM BTC_CQ to Binance BTCPAX resulting in 0.02357087 BTC profit per one BTC 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 13th January 2020 10:05:45, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.