Our 6th update on HBDM and Binance BTCCQ to BTCTUSD since 5th December 2019. Since the 30th May 2019 we have been tracking of Bitfinex and Binance's BTCUSD and BTCTUSD arbitrage opportunities, these past 4 minutes you can get 0.588% return swapping this recommendation as it is currently showing okay this Wednesday, the combination currently spreads at 37.13 from 18:50:09 today looking at profit of 0.00587414 BTC for every one bitcoin traded. Since tracking started we have watched the arbitrage height of 172.4 in the past month. In the last 24 hours the spread reached a high of 52.21 meaning -822.79 decrease on the year providing a 94% change of that previous height. Bitfinex to Binance with BTCUSD BTCTUSD is placed 13th from 226 arbirtage opportunities. This arbitrage spread is not treated as a premium activity, and not profitable like Bitfinex BTCUSD to Binance BTCPAX and Binance ETHUSDT to Kraken XETHXXBT which should be more attractive.
11th December 2019 18:50:09 UTC - 41 weeks ago
Bitfinex BTCUSD @ 7217.70000000
Binance BTCTUSD @ 7180.57000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00587414 BTC with a 0.588% return
Bitcoin Trade Size
This nets an income of 0.04405605 BTC if you put up 7.5 BTC of BTCUSD at Bitfinex at the current price of 7,217.70 and order the interchangable quantity of 7.5 BTC of BTCTUSD at Binance priced at 7,180.57 bringing a 316.65 USD profit with bitcoin stable at 7,187 USD per 1 BTC. Currently we recommend that you explore this arbitrage opportunity more, as it would result in profit when done to the amount of 0.005874 for each 1 BTC.
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 11th December 2019 18:50:09, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.