Binance's ETHBTC and Bitmex's ETHUSD pairings reached a 7 day period high on the 3rd November 2019 at 17:51 indicating an overall -17.23% increase from the sixty day high of -152.680307, making a difference of -26.300058 over 38 days, the pairing is positioned at -183.179147 at 18:20 today with a profit of 0.00004669 BTC with every one bitcoin exchanged. Since we began we have witnessed this pairing topping off at -177.23047 in the past month between Binance and Bitstamp. In the last 24 hours the spread reached a high of -180.729267 resulting in a -28.04896 shortening from the year high providing a -18.4% decrease from that spread. Binance Bitmex with ETHBTC ETHUSD is placed 123rd currently. This arbitrage opportunity is not superb opportunity, and not the same as Bitmex XBTZ19 to Bitfinex BTCF0:USTF0 and Bitfinex ETHBTC to Bitmex ETHZ19 which should take your cash.
8th November 2019 18:20:04 UTC - 1 week ago
Binance ETHBTC @ 0.02085300
Bitmex ETHUSD @ 183.20000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00004669 BTC with a 0.2244% return
Bitcoin Trade Size
This gives a profit of 0.0011361 bitcoin if you sell 24.3333 bitcoin of ETHBTC at Binance at the current price of 0.02085300 and order the twin amount of 24.3333 BTC of ETHUSD at Bitmex for 183.20000000 bringing a 10.00 USD net gain with BTC stable at $8,802 per one BTC. Right now we recommend probe this arbitrage pairing more, as it would provide profit if done to the amount of 0.00004669 for each 1 bitcoin. With everything reported it seems points that the profits would be narrow placing doubt to proceed especially when you have the opportunities presented by Bitfinex ETHBTC to Bitmex ETHZ19 giving 0.02085864 bitcoin profit 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 8th November 2019 18:20:04, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.