Since the 4th September 2019 we have been monitoring of Bitfinex's ETHUSD and Bitmex's ETHUSD arbitrage combination, these past 6 minutes you can get 0.56% return running this swap as it is momentarily showing fair since Sunday, the match is positioned at 0.75 as of 16th December from 14:45:33 looking at profit of 0.00011234 bitcoin with every one BTC traded. Since we began we have witnessed a pairing high reach of 2.19 in the past month between Bitstamp and Binance. In the last 24 hours the spread reached a high of 1.16 meaning -3.44 short from the year high creating a 75% decrease from that spread. Bitfinex's ETHUSD and Bitmex's ETHUSD pairings is 93rd out of 216 combinations tracked. This arbitrage opportunity is not looked upon as a excellent opportunity, and should be considered as such with Bitfinex BTCUSD to Bitstamp BTCUSD and Binance ETHUSDT to Kraken XETHXXBT with it being more appeal.
16th December 2019 14:45:33 UTC - 6 weeks ago
Bitfinex ETHUSD @ 142.50000000
Bitmex ETHUSD @ 141.75000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00011234 BTC with a 0.56% return
Bitcoin Trade Size
This pays a profit of 0.00146042 bitcoin when you spend 13 bitcoin of ETHUSD at Bitfinex at the market price of 142.50000000 and order the interchangable quantity of 13 bitcoin of ETHUSD at Bitmex priced at 141.75000000 providing a 10.40 USD profit with bitcoin stable at 7,121 USD. We propose you inquire this arbitrage opportunity more, as it would return a profit if carried out to the amount of 0.00011234 to each 1 bitcoin. The opportunity though indicates that the profits would be small rendering it not worthwhile, specifically when you consider the choice of Binance ETHUSDT to Kraken XETHXXBT providing 0.01990949 BTC return per one BTC as of this moment.
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 16th December 2019 14:45:33, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.