Our 1st update on Binance ETHBTC to Bitfinex ETHUST since 26th October 2019. Binance Bitfinex with ETHBTC ETHUST reached a twenty eight day high on the 27th December 2019 at 11:56 indicating a -5% increase from the sixty day high of -116.611965, confirming a difference of -6.21075 over 9 days, the match currently spreads at -159.49088 as of 24th January 2020 from 07:09 looking at profit of 0.00003273 BTC with every 1 BTC exchanged. Since we began we have seen a high reach of -125.901705 in the past month between Binance and Huobi. In the last 24 hours the spread reached a high of -157.900935 meaning -41.28897 short on the year creating a -35.41% contraction. Binance to Bitfinex with ETHBTC ETHUST is positioned 135th currently. This arbitrage opportunity isn't a great development, and should be treated as such with Bitfinex ETHF0-USTF0 to Bitmex ETHH20 and Bitmex XBTM20 to Binance BTCUSDT which should take your cash.
24th January 2020 07:09:49 UTC - 4 weeks ago
Binance ETHBTC @ 0.01912000
Bitfinex ETHUST @ 159.51000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00003273 BTC with a 0.171% return
Bitcoin Trade Size
This pays an income of 0.0024875 bitcoin when you offload 76 bitcoin of ETHBTC at Binance at the market price of 0.01912000 and order the matching quantity of 76 BTC of ETHUST at Bitfinex set at 159.51000000 meaning a $20.72 profit with BTC fixed at 8,330 USD. Presently you will want to research this arbitrage pairing more, as it would return a profit if executed to the amount of 0.000033 for every 1 bitcoin. With everything reported it seems points that the profits would be very small rendering it not worthwhile especially seeing the opportunity of Bitmex XBTM20 to Binance BTCUSDT giving 0.02993220 BTC profit per one BTC 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 24th January 2020 07:09:49, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.