Our 6th update on Binance Futures to Binance with BTCUSDT BTCUSDC since 7th February 2020. Binance Futures's and Binance's BTCUSDT to BTCUSDC reached a 7 day period high on the 11th February indicating an overall 50.5% decrease from the ninety day high of 113.23, confirming a spread of -57.23 in 23 days, the match currently is spread at 7.34 as of 12th February 2020 from 10:29 with a profit of 0.00141395 bitcoin with every 1 BTC spent. Since we began we have witnessed its arbitrage top out at 113.23 in the past month. In the last 24 hours the spread reached a high of 56 meaning -57.23 short from the year high signalling a 50.54% shortening. Binance Futures's and Binance's BTCUSDT to BTCUSDC is positioned 82nd currently. This arbitrage spread isn't treated as a great development, and not the same as HBDM BTC_CQ to Kraken XXBTZUSD and Bitmex XBTM20 to Binance BTCUSDT which should take your hard-earned euros.
12th February 2020 10:29:58 UTC - 1 week ago
Binance Futures BTCUSDT @ 10336.10000000
Binance BTCUSDC @ 10328.76000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00141395 BTC with a 0.141% return
Bitcoin Trade Size
This earns a profit of 0.0321674 bitcoin when you put up 22.75 BTC of BTCUSDT at Binance Futures at the market price of 10,336.10 and buy the same amount of 22.75 BTC of BTCUSDC at Binance set at 10,328.76 resulting in 331.92 USD gain with BTC holding at 10,319 USD per 1 BTC. For the time being analyze this arbitrage opportunity more, as it would return a profit when carried out to the amount of 0.00141395 to each 1 BTC. The advice points that the profits would be very small making it not worthwhile if you recognize exchange costs, and, notably when presented with the opportunities presented by Bitmex XBTM20 to Binance BTCUSDT returning 0.06007803 BTC return per 1 bitcoin 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 12th February 2020 10:29:58, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.