Our 1st update on Binance's and Bitfinex's ETHBTC to ETHUSD since 16th January 2020. On the 10th August 2019 we included tracking of Binance's and Bitfinex's ETHBTC to ETHUSD arbitrage combination, presently there is an available 0.25% return executing this recommendation as it is currently displaying steady this week, the match is positioned at -218.607507 at 04:29 today looking at profit of 0.00005562 bitcoin for every 1 bitcoin spent. Since tracking proceeded we have viewed a spread high of -141.662188 since the 1st of February 2020. In the last 24 hours the spread reached a high of -212.977911 resulting in a -96.055927 short on the year creating a -82.2% change. Binance Bitfinex with ETHBTC ETHUSD is positioned 143rd from a catalog of 246 combinations monitored. This arbitrage combination should not be considered a premium movement, and nowhere near HBDM BTC_CQ to Bitfinex BTCUST and Bitmex XBTM20 to Binance BTCUSDT which should appeal more.
8th February 2020 04:29:03 UTC - 2 weeks ago
Binance ETHBTC @ 0.02249300
Bitfinex ETHUSD @ 218.63000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005562 BTC with a 0.25% return
Bitcoin Trade Size
This provides a profit of 0.00478332 BTC if you sell 86 bitcoin of ETHBTC at Binance at the price of 0.02249300 and buy the twin amount of 86 bitcoin of ETHUSD at Bitfinex priced at 218.63000000 giving a 46.60 USD gain with BTC trading at 9,743 USD. Right now we recommend investigate this arbitrage pairing more, as it would provide profit if performed to the amount of 0.00005562 per one BTC. The opportunity though points that the gains would be risky making it not worthwhile, specifically when faced with the profits given by Bitmex XBTM20 to Binance BTCUSDT providing 0.04079959 bitcoin return per one bitcoin currently.
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 8th February 2020 04:29:03, 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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