Binance Futures's and Bitfinex's BTCUSDT to BTCUST reached a twenty eight day period high on the 12th March 2020 at 11:02 showing a 15.8% decrease from the ninety day high of 617.01, making a spread of -97.63 in 30 days, the combination currently spreads at 1.89 from 08:47:53 today looking at profit of 0.00151034 BTC with every one bitcoin exchanged. Since tracking proceeded we have watched its arbitrage top out at 519.38 in the past month between HBDM and Binance. In the last 24 hours the spread reached a high of 50.58 resulting in a -566.43 decrease from the year high providing a 92% decrease from that top spread. Binance Futures to Bitfinex with BTCUSDT BTCUST is 72nd from a selection of 247 combinations monitored. This spread isn't a fanciful change, and not in the same league as Bitfinex ETHBTC to Bitmex ETHH20 and Bitmex ETHUSD to Bitmex ETHH20 which should be more attractive.
20th March 2020 08:47:53 UTC - 27 weeks ago
Binance Futures BTCUSDT @ 6619.09000000
Bitfinex BTCUST @ 6617.20000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00151034 BTC with a 0.15% return
Bitcoin Trade Size
This represents a profit of 0.0156018 bitcoin if you spend 10.33 bitcoin of BTCUSDT at Binance Futures at the price of 6,619.09 and order the same size of 10.33 bitcoin of BTCUST at Bitfinex priced at 6,617.20 yielding a 103.30 USD profit with bitcoin fixed at 6,621 USD. At present we recommend look at the arbitrage spreads opportunities, this will return a profit when performed to the amount of 0.001510 to each one BTC. The advice indicates that the gains will be small placing doubt to proceed, specifically when presented with the choice of Bitmex ETHUSD to Bitmex ETHH20 resulting in 0.02226663 bitcoin return per 1 BTC as of 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 20th March 2020 08:47:53, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.