Our 17th update on Bitfinex to Binance with BTCUSD BTCUSDC since 22nd November 2019. Bitfinex Binance with BTCUSD BTCUSDC reached a 14 day period high on the 25th November 2019 showing a 32.5% decrease from the ninety day high of 257.73, confirming a spread of -83.75 over the 61 days, the match is sitting at 41.75 from 21:36:20 today with a profit of 0.00673024 bitcoin for every 1 bitcoin spent. Since tracking begun we have witnessed this pairing topping off at 173.98 since the beginning of December. In the last 24 hours the spread reached a high of 60.6 meaning -845.4 decrease this year signalling a 93.3% reduction. Bitfinex to Binance with BTCUSD BTCUSDC is 15th currently. This arbitrage spread is not treated as a fantastic movement, and not in the same league as Bitfinex BTCUSD to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH which should take your cash.
1st December 2019 21:36:20 UTC - 7 weeks ago
Bitfinex BTCUSD @ 7400.10000000
Binance BTCUSDC @ 7358.35000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00673024 BTC with a 0.6730% return
Bitcoin Trade Size
This contributes to a profit of 0.13123968 bitcoin if you offload 19.5 BTC of BTCUSD at Bitfinex at the market price of 7,400.10 and order the interchangable volume of 19.5 BTC of BTCUSDC at Binance for 7,358.35 yielding a 964.67 USD gain with bitcoin stable at 7,350 USD per one bitcoin. We propose you to look more seriously at this pairing, as it would result in profit when done to the tune of 0.0067302 for each one 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 1st December 2019 21:36:20, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
The difference between Bitcoin mining and Bitcoin trading is obvious. These are two totally separate ventures, but still cryptocurrency is in itself so confusing and complicated, that many investors get mixed up in these two toils.