Since the 10th August 2019 we have been capturing data of Binance's LTCBTC to Bitstamp's LTCUSD arbitrage combination, today there is an available 0.227% return executing this trade as it is momentarily holding decent since Tuesday, the match currently spreads at -73.062404 at 09:24 today with a profit of 0.00001720 BTC with every one BTC exchanged. Since tracking started we have verified its top out at -43.7343 since the beginning of February 2020. In the last 24 hours the spread reached a high of -69.412494 resulting in a -33.608046 short on the year signalling a -94% shortening. Binance to Bitstamp with LTCBTC LTCUSD is positioned 170th currently. This arbitrage combination isn't a crazy movement, and not the same as HBDM BTC_CQ to Huobi BTCUSDT and Bitmex XBTM20 to Binance BTCUSDT with it being more appeal.
6th February 2020 09:24:22 UTC - 2 weeks ago
Binance LTCBTC @ 0.00759600
Bitstamp LTCUSD @ 73.07000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00001720 BTC with a 0.227% return
Bitcoin Trade Size
This renders a profit of 0.00167 BTC if you risk 97 bitcoin of LTCBTC at Binance at the current price of 0.00759600 and order the duplicate amount of 97 bitcoin of LTCUSD at Bitstamp for 73.07000000 turning a 16.08 USD net gain with BTC positioned at $9,628. For the time being look into this, this will return a profit when done to the tune of 0.0000172 per one bitcoin. The information provided points that the gains would be inadequate making it not worthwhile when given the profits presented by Bitmex XBTM20 to Binance BTCUSDT providing 0.05004378 bitcoin profit per 1 bitcoin 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 6th February 2020 09:24:22, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Planning on crypto arbitrage and trying to find your best bets is a tricky affair. Actually like they say, success is 99% preparation and 1% luck. Similarly, so as to lead in crypto arbitrage, it is a lot of hard work and labor.