Our 7th update on Binance Futures BTCUSDT to Binance BTCUSDC since 12th February 2020. On 7th November 2019 we added capturing of Binance Futures BTCUSDT to Binance BTCUSDC combination, currently you can get 0.1554% return executing this swap as it is currently holding decent this week, the match currently spreads at 8.95 at 05:53 today looking at profit of 0.00155437 bitcoin for every 1 bitcoin traded. Since tracking started we have viewed a spread high reach of 113.23 since the beginning of February 2020. In the last 24 hours the spread reached a high of 34.52 meaning -78.71 short this year signalling a 70% contraction from that high. Binance Futures Binance with BTCUSDT BTCUSDC is placed 72nd out of 252 we track. This arbitrage opportunity isn't treated as a special occurrence, and should be considered as such with HBDM BTC_CQ to Bitstamp BTCUSD and Bitmex XBTM20 to Binance BTCUSDT which should be more attractive.
15th February 2020 05:53:20 UTC - 31 weeks ago
Binance Futures BTCUSDT @ 10258.82000000
Binance BTCUSDC @ 10249.87000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00155437 BTC with a 0.1554% return
Bitcoin Trade Size
This gives a profit of 0.0109 bitcoin if you auction 7 BTC of BTCUSDT at Binance Futures at the market price of 10,258.82 and buy the twin size of 7 bitcoin of BTCUSDC at Binance for 10,249.87 resulting in $111.64 net gain with BTC fixed at $10,242. Our recommendation this afternoon is to look into this, as it would provide profit if carried out to the amount of 0.001554 for every 1 BTC. The data displayed points that the gains would be modest rendering it not worthwhile, notably when presented with the opportunities presented by Bitmex XBTM20 to Binance BTCUSDT resulting in 0.05852315 BTC profit per 1 BTC currently.
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 15th February 2020 05:53:20, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.