Since the 10th August 2019 we have been providing of Binance's ETHBTC and Bitfinex's ETHUST pairings arbitrage combination, today there is an available 0.275% return running this trade as it is currently showing okay arbitrage return today, the pairing is positioned at -187.880494 at 05:57 today with a profit of 0.00005357 bitcoin with every one BTC traded. Since tracking begun we have verified its arbitrage top out at -153.328978 since the 1st of October 2019. In the last 24 hours the spread reached a high of -160.948366 resulting in a -8.217376 shortening on the year resulting in a -5.4% reduction from that top spread. Binance's ETHBTC and Bitfinex's ETHUST pairings is placed 100th out of a possible 177 we support. This arbitrage combination should not be considered superb activity, and not in the same league as Bitfinex BTCUST to Bitfinex BTCF0:USTF0 and HBDM BTC_CQ to Bitfinex BTCF0:USTF0 which should be more attractive.
26th October 2019 05:57:03 UTC - 3 weeks ago
Binance ETHBTC @ 0.01950600
Bitfinex ETHUST @ 187.90000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005357 BTC with a 0.275% return
Bitcoin Trade Size
This represents a profit of 0.00220 BTC when you spend 41 bitcoin of ETHBTC at Binance at the current price of 0.01950600 and order the exact size of 41 bitcoin of ETHUST at Bitfinex set at 187.90000000 turning a $21.15 profit with bitcoin staggering at 9,613 USD. Our recommendation is to look into this, as it would provide profit if executed to the sound of 0.00005357 per one bitcoin. The thought process indicates that the profits will be modest making it not worthwhile, notably considering the profits granted by HBDM BTC_CQ to Bitfinex BTCF0-USTF0 giving 0.06076146 BTC profit per 1 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 26th October 2019 05:57:03, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.