Since the 26th March 2019 we have been monitoring of Bitfinex's LTCUSD and Binance's LTCUSDT pairings combination, today there is an available 0.7659% return running this trade as it is temporarily showing decent arbitrage return this Thursday, the pairing is sat at 0.321 as of 5th December from 20:47 looking at profit of 0.00004622 BTC for every one bitcoin spent. Since tracking started we have watched a range high of 0.664 in the past month between Kraken and Huobi Pro. In the last 24 hours the spread reached a high of 0.398 meaning -4.632 short on the year creating a 92.1% decrease. Bitfinex Binance with LTCUSD LTCUSDT is positioned 99th from a pool of 207 spreads we monitor. This spread is not treated as a fantastic development, and not in the same league as Bitfinex BTCUSD to Bitfinex BTCUST and Bitmex ETHUSD to Poloniex BTC_ETH which should lead you.
5th December 2019 20:47:11 UTC - 7 weeks ago
Bitfinex LTCUSD @ 44.87100000
Binance LTCUSDT @ 44.55000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00004622 BTC with a 0.7659% return
Bitcoin Trade Size
This results in an income of 0.003 bitcoin when you leverage 59 BTC of LTCUSD at Bitfinex at the price of 44.87100000 and buy the exact size of 59 BTC of LTCUSDT at Binance priced at 44.55000000 providing a 22.13 USD profit with bitcoin dangling at 7,377 USD. The signals indicate analyze this pairing more, as it would return a profit when carried out to the amount of 0.00004622 for every one bitcoin. The data displayed indicates that the gains will be stunted placing doubt to proceed if you acknowledge transfer and exchange commissions, and, specifically when you consider the opportunities presented by Bitmex ETHUSD to Poloniex BTC_ETH returning 0.02013427 bitcoin profit per one BTC 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 5th December 2019 20:47:11, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.