Our 2nd update on Bitmex XBTZ19 to Binance BTCUSDT since 25th October 2019. Since the 6th August 2019 we have been supporting of Binance's BTCUSDT and Bitstamp's BTCUSD match up arbitrage spreads, as of now you can get 0.14% return executing this trade as it is momentarily displaying reliable since Monday, the pairing is positioned at 5.53 from 13:19:33 today looking at profit of 0.00142321 BTC for every 1 bitcoin spent. Since we began we have witnessed a range high reach of 62.45 since the beginning of November. In the last 24 hours the spread reached a high of 29.96 resulting in a -575.25 shortening on the year creating a 95.05% reduction. Binance BTCUSDT to Bitstamp BTCUSD is placed 50th currently. This arbitrage combination isn't a great activity, and not the same as HBDM BTC_CQ to Bitstamp BTCUSD and HBDM BTC_CQ to Binance BTCTUSD which should be investigated.
7th November 2019 13:19:33 UTC - 1 week ago
Binance BTCUSDT @ 9203.81000000
Bitstamp BTCUSD @ 9200.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00142321 BTC with a 0.14% return
Bitcoin Trade Size
This gives a profit of 0.005 bitcoin when you spend 3.5 bitcoin of BTCUSDT at Binance at the price of 9,205.53 and order the matched volume of 3.5 bitcoin of BTCUSD at Bitstamp priced at 9,200.00 providing a 46.02 USD gain with bitcoin fixed at $9,205 per 1 BTC. Presently the advice is to that you should examine this more, as it would return a profit if executed to the sound of 0.001423 for each one bitcoin. The general idea indicates that the gains will be stunted rendering it not worthwhile when you deal with transfer and exchange costs, and, chiefly when given the availability of HBDM BTC_CQ to Binance BTCTUSD giving 0.02040399 BTC profit per 1 BTC this Thursday morning.
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 7th November 2019 13:19:33, 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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