On the 7th November 2019 we enabled supporting of Binance Futures's BTCUSDT and Binance's BTCUSDC arbitrage combination, currently you can get 0.1414% return swapping this trade as it is temporarily displaying okay today, the match is sat at 7.24 from 16:14:52 today with a profit of 0.00141191 BTC with every one BTC exchanged. Since we began we have seen this spread topping off at 112.62 in the past month. In the last 24 hours the spread reached a high of 20.94 meaning -91.68 short from the year high resulting in a 81.41% decrease from that high. Binance Futures's BTCUSDT and Binance's BTCUSDC match up is placed 44th out of the 217 combinations. This arbitrage opportunity is not a premium development, and should be considered as such with Huobi ETHUSDT to Bitmex ETHH20 and HBDM BTC_CQ to Binance BTCUSDC which should be primary.
9th January 2020 16:14:52 UTC - 3 weeks ago
Binance Futures BTCUSDT @ 7869.48000000
Binance BTCUSDC @ 7862.24000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00141191 BTC with a 0.1414% return
Bitcoin Trade Size
This renders a profit of 0.0699 bitcoin if you devote 49.5 bitcoin of BTCUSDT at Binance Futures at the price of 7,869.48 and buy the matched amount of 49.5 bitcoin of BTCUSDC at Binance priced at 7,862.24 yielding a 550.03 USD profit with BTC stable at $7,869. Currently we recommend that you research this pairing more, as it would provide profit if performed to the amount of 0.001412 per one bitcoin. The advice indicates that the gains would be confined making it not worthwhile especially when given the availability of HBDM BTC_CQ to Binance BTCUSDC returning 0.01825065 bitcoin 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 9th January 2020 16:14:52, 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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