Our 4th update on HBDM's BTC_NW and Binance's BTCPAX pairings since 9th January 2020. Binance Futures's BTCUSDT and Bitmex's XBTUSD match up reached a 7 day period high on the 9th January 2020 at 20:51 marking an overall 65% shortening from the sixty day high of 179.84, confirming a spread of -116.78 during the 22 days, the match is sat at 13.71 at 09:24 today with a profit of 0.00175153 bitcoin for every one bitcoin spent. Since tracking proceeded we have verified a range high of 179.84 in the past month. In the last 24 hours the spread reached a high of 19.7 meaning -160.14 decrease this year resulting in a 89.0% decrease from that top spread. Binance Futures and Bitmex BTCUSDT to XBTUSD is positioned 50th out of 222 arbirtage opportunities. This spread should not be considered a special opportunity, and not in the same league as HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Binance BTCPAX which should take your attention.
13th January 2020 09:24:53 UTC - 2 weeks ago
Binance Futures BTCUSDT @ 8113.33000000
Bitmex XBTUSD @ 8099.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00175153 BTC with a 0.175% return
Bitcoin Trade Size
This renders an income of 0.087 bitcoin when you offload 49.5 bitcoin of BTCUSDT at Binance Futures at the current price of 8,112.71 and buy the corresponding volume of 49.5 BTC of XBTUSD at Bitmex priced at 8,099.00 yielding a $705.82 profit with BTC trading at 8,113 USD per one bitcoin. Today we recommend probe this pairing more, as it would result in profit when performed to the sound of 0.0017515 to each one BTC. The thought process points that the profits will be narrow rendering it not worthwhile if you consider commissions, and especially when presented with the profits unlocked by HBDM BTC_CQ to Binance BTCPAX providing 0.02329078 BTC return per 1 BTC for the time being.
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 13th January 2020 09:24:53, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.