Bitfinex's LTCUSD to Binance's LTCUSDT reached a seven day period high on the 23rd October indicating an overall 61.55% decrease from the 90 day high of 1.701, signaling a spread of -1.047 over the 29 days, the match is sitting at 0.136 from 05:18:48 today with a profit of 0.00001967 BTC for every one BTC traded. Since we began we have verified this range topping off at 1.055 since the beginning of October 2019. In the last 24 hours the spread reached a high of 0.654 meaning -4.376 shortening from the year high marking a 87.00% contraction. Bitfinex's LTCUSD and Binance's LTCUSDT match up is positioned 111th out of a possible 198 positions. This arbitrage opportunity isn't looked upon as superb opportunity, and nowhere near Bitfinex BTCUSD to HBDM BTC_CW and Bitfinex ETHBTC to Bitmex ETHZ19 which should take your attention.
24th October 2019 05:18:48 UTC - 3 weeks ago
Bitfinex LTCUSD @ 49.10600000
Binance LTCUSDT @ 48.97000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00001967 BTC with a 0.30% return
Bitcoin Trade Size
This contributes to an income of 0.002 BTC if you risk 78 bitcoin of LTCUSD at Bitfinex at the price of 49.10600000 and order the duplicate amount of 78 BTC of LTCUSDT at Binance set at 48.97000000 bringing a $14.85 net gain with BTC positioned at 7,424 USD per 1 bitcoin. We would advise look at the arbitrage opportunities opportunities, as it would result in profit when carried out to the amount of 0.000020 per one BTC. The advice indicates that the gains would be small rendering it not worthwhile seeing the availability of Bitfinex ETHBTC to Bitmex ETHZ19 resulting in 0.02171409 bitcoin return per one BTC at present.
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 24th October 2019 05:18:48, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.