On the 6th August 2019 we added tracking of Binance's and Kraken's ETHUSDT to XETHZUSD arbitrage opportunities, presently there is an available 0.27% return swapping this trade as it is temporarily showing adequate since Friday, the combination is positioned at 0.42 from 09:20:39 today with a profit of 0.00005108 BTC with every 1 BTC spent. Since we began we have verified a spread high of 1.57 since the 1st of January 2020. In the last 24 hours the spread reached a high of 1 resulting in a -13.45 decrease on the year marking a 93.08% contraction. Binance's ETHUSDT and Kraken's XETHZUSD pairings is 144th out of a possible 225 spreads we positions. This arbitrage spread should not be considered a excellent action, and nowhere near Bitfinex ETHF0-USTF0 to Bitmex ETHH20 and Bitmex XBTM20 to Binance BTCUSDT which should take your cash.
26th January 2020 09:20:39 UTC - 5 weeks ago
Binance ETHUSDT @ 162.41000000
Kraken XETHZUSD @ 161.99000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005108 BTC with a 0.27% return
Bitcoin Trade Size
This harvests an income of 0.00160050 bitcoin if you close 31.3333 bitcoin of ETHUSDT at Binance at the market price of 162.41000000 and order the very same size of 31.3333 BTC of XETHZUSD at Kraken priced at 161.99000000 resulting in 13.47 USD net gain with BTC positioned at 8,418 USD. We would advise probe this pairing more, as it would result in profit if done to the tune of 0.00005108 for each one bitcoin. The opportunity though points that the gains will be stunted placing doubt to proceed when you look at commissions, and, notably considering the opportunities presented by Bitmex XBTM20 to Binance BTCUSDT providing 0.03075454 BTC return per 1 bitcoin at present.
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 26th January 2020 09:20:39, 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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