Since the 24th July 2019 we have been tracking of Bitfinex's BTCUST and Bitmex's XBTUSD match up spread, today there is an available 0.1666% return executing this recommendation as it is momentarily displaying okay this Friday, the match is sat at 15.8 at 08:20 today with a profit of 0.00166331 bitcoin with every 1 BTC traded. Since we began we have witnessed its range top out at 243.7 this year alone. In the last 24 hours the spread reached a high of 34.6 meaning -209.1 shortening from the year high signalling a 85.8% shortening. Bitfinex's BTCUST and Bitmex's XBTUSD match up is 78th from 256 combinations tracked. This spread isn't looked upon as a fanciful action, and should be considered as such with HBDM BTC_CQ to Bitfinex BTCUST and Bitmex XBTM20 to Binance BTCUSDT which should be primary.
7th February 2020 08:20:13 UTC - 3 weeks ago
Bitfinex BTCUST @ 9798.80000000
Bitmex XBTUSD @ 9783.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00166331 BTC with a 0.1666% return
Bitcoin Trade Size
This nets an income of 0.0565525 bitcoin if you offload 34 BTC of BTCUST at Bitfinex at the market price of 9,798.80 and buy the matched volume of 34 BTC of XBTUSD at Bitmex set at 9,783.00 turning a 554.20 USD gain with BTC trading at 9,800 USD per 1 bitcoin. For the time being look into this arbitrage pairing more, as it would result in profit if executed to the tune of 0.0016633 per 1 bitcoin. The advice would be indicates that the profits will be causing needed doubt to proceed, chiefly when given the availability of Bitmex XBTM20 to Binance BTCUSDT returning 0.04061533 BTC return per one BTC now.
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 7th February 2020 08:20:13, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.