Since the 30th May 2019 we have been covering Binance BTCTUSD to Bitfinex BTCUSD spread, presently you can get 0.15% return executing this swap as it is temporarily holding fair since Sunday, the combination is sitting at 11.68 at 01:46 today with a profit of 0.00148317 bitcoin for every one bitcoin spent. Since we began we have seen the height of 73.48 since April began. In the last 24 hours the spread reached a high of 73.48 meaning -619.08 short on the year providing a 89.39% reduction from that high. Binance's BTCTUSD to Bitfinex's BTCUSD is 42nd currently. This arbitrage opportunity is not looked upon as a special action, and not profitable like HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Cexio ETH-BTC to Kraken XETHXXBT which should take your hard-earned money.
30th April 2020 01:46:34 UTC - 4 weeks ago
Binance BTCTUSD @ 8818.15000000
Bitfinex BTCUSD @ 8805.20000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00148317 BTC with a 0.15% return
Bitcoin Trade Size
This gives an income of 0.03930 bitcoin when you auction 26.5 bitcoin of BTCTUSD at Binance at the market price of 8,818.18 and order the very same quantity of 26.5 bitcoin of BTCUSD at Bitfinex set at 8,806.50 bringing a 346.58 USD gain with bitcoin stable at 8,819 USD per 1 BTC. Right now we recommend look into this pairing more, this will return a profit if executed to the sound of 0.001483 per 1 BTC. With everything reported it seems indicates that the gains would be small rendering it not worthwhile especially considering the opportunities presented by Cexio ETH-BTC to Kraken XETHXXBT providing 0.02464721 BTC return per 1 bitcoin at 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 30th April 2020 01:46:34, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.