Our 8th update on Bitfinex ETHUSD to Binance ETHBTC since 1st November 2019. Bitfinex's ETHUSD and Binance's ETHBTC combo pairs reached a twenty eight day high on the 26th October 2019 at 02:03 indicating an overall 12% shortening from the sixty day high of 224.757819, making a spread of -26.15719 over 36 days, the match is positioned at 190.289639 from 15:00:04 today looking at profit of 0.00005056 bitcoin with every 1 BTC traded. Since we began we have viewed a range high reach of 198.600629 since the beginning of November 2019. In the last 24 hours the spread reached a high of 195.179302 meaning -29.578517 decrease on the year creating a 13% contraction from that top spread. Bitfinex's ETHUSD and Binance's ETHBTC pairings is placed 109th out of the 206 combinations monitored. This spread is not looked upon as a premium change, and not profitable like HBDM BTC_CQ to Binance BTCUSDT and HBDM BTC_CQ to Bitfinex BTCUST with it being more attractive.
6th November 2019 15:00:04 UTC - 1 week ago
Bitfinex ETHUSD @ 190.31000000
Binance ETHBTC @ 0.02036100
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00005056 BTC with a 0.2483% return
Bitcoin Trade Size
This provides a profit of 0.0017 BTC when you close 34.5 BTC of ETHUSD at Bitfinex at the price of 190.31000000 and buy the twin size of 34.5 BTC of ETHBTC at Binance for 0.02036100 yielding a $15.85 profit with bitcoin positioned at 9,324 USD. At present we recommend to look more seriously at this pairing, as it would return a profit when done to the sound of 0.000051 to each one BTC. The advice would be indicates that the profits will be confined making it not worthwhile if you draft in commissions, and when presented with the opportunity of HBDM BTC_CQ to Bitfinex BTCUST resulting in 0.02049092 BTC profit per one bitcoin this Wednesday morning.
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 November 2019 15:00:04, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.