Bitfinex and Bitmex BTCUST to XBTUSD reached a seven day high on the 8th November 2019 at 09:11 marking a 72.66% shortening from the 90 day high of 201.5, signaling a difference of -146.4 during the 45 days, the match is sat at 23.4 at 13:35 today looking at profit of 0.00270466 bitcoin for every one BTC spent. Since tracking started we have seen the range height of 94 since the 1st of November 2019. In the last 24 hours the spread reached a high of 55.1 meaning -157.9 short this year resulting in a 74% contraction from that spread. Bitfinex to Bitmex with BTCUST XBTUSD is 55th from 238 positions. This arbitrage opportunity isn't looked upon as a fanciful change, and not profitable like HBDM BTC_CQ to Bitmex XBTUSD and Bitfinex ETHBTC to Bitmex ETHZ19 which should be followed.
8th November 2019 13:35:08 UTC - 16 weeks ago
Bitfinex BTCUST @ 8832.40000000
Bitmex XBTUSD @ 8809.00000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00270466 BTC with a 0.2713% return
Bitcoin Trade Size
This renders an income of 0.06491 BTC when you spend 24 BTC of BTCUST at Bitfinex at the current price of 8,832.40 and order the identical size of 24 bitcoin of XBTUSD at Bitmex priced at 8,809.00 giving a 573.58 USD net gain with bitcoin fixed at $8,837. Our recommendation is to look at the spread opportunities, as it would return a profit when performed to the tune of 0.00270466 for each 1 BTC. The opportunity though indicates that the profits would be risky making it not worthwhile if you factor in exchange fees, and, chiefly seeing the profits granted by Bitfinex ETHBTC to Bitmex ETHZ19 providing 0.02070967 BTC profit per one BTC at 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 8th November 2019 13:35:08, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
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