Our 5th update on Binance's and Bitstamp's ETHBTC to ETHUSD since 23rd January 2020. On 10th August 2019 we started supporting capturing of Binance Bitstamp with ETHBTC ETHUSD arbitrage opportunities, currently you can get 0.31% return executing this recommendation as it is currently displaying okay return since Sunday, the combination currently is spread at -189.37971 at 09:03 today looking at profit of 0.00006339 bitcoin for every 1 BTC traded. Since tracking begun we have witnessed this arbitrage topping off at -116.381974 this year. In the last 24 hours the spread reached a high of -186.900031 resulting in a -70.518057 shortening this year making a -61% change from that top spread. Binance's ETHBTC and Bitstamp's ETHUSD pairings is placed 139th currently. This combination should not be considered a great occurrence, and not profitable like HBDM BTC_CQ to Huobi BTCUSDT and Bitmex XBTM20 to Binance BTCUSDT which should be considered.
3rd February 2020 09:03:43 UTC - 4 weeks ago
Binance ETHBTC @ 0.02029200
Bitstamp ETHUSD @ 189.40000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00006339 BTC with a 0.31% return
Bitcoin Trade Size
This results in a profit of 0.0019 BTC when you put up 30.333 bitcoin of ETHBTC at Binance at the current price of 0.02029000 and buy the corresponding amount of 30.333 bitcoin of ETHUSD at Bitstamp priced at 189.40000000 bringing a 17.78 USD net gain with the current price of BTC set at $9,356. At present we recommend analyze this pairing more, as it would return a profit when done to the amount of 0.00006339 for each 1 bitcoin. The opportunity though points that the profits will be confined causing needed doubt to proceed if you examine exchange outgoings, and especially seeing the opportunities presented by Bitmex XBTM20 to Binance BTCUSDT providing 0.03922728 BTC profit per one bitcoin at present.
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 3rd February 2020 09:03:43, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.