Our 6th update on Bitfinex's BTCEUR and Bitstamp's BTCEUR pairings since 7th November 2019. Bitfinex's BTCEUR and Bitstamp's BTCEUR combo pairs reached a 7 day high on the 18th November marking an overall 65.7% decrease from the 90 day high of 172.47, confirming a spread of -113.28 over the 8 days, the combination is positioned at 27.96 as of 18th November from 16:54 looking at profit of 0.00435347 bitcoin with every 1 bitcoin exchanged. Since tracking proceeded we have witnessed this pairing topping off at 172.47 in the past month between Bitfinex and Bitstamp. In the last 24 hours the spread reached a high of 59.19 meaning -175.98 decrease this year signalling a 74.8% reduction from that high. Bitfinex's BTCEUR and Bitstamp's BTCEUR match up is positioned 35th currently. This arbitrage opportunity is not looked upon as superb action, and not profitable like HBDM BTC_CQ to Binance BTCUSDC and Bitfinex ETHBTC to Bitmex ETHZ19 which should take your trading dollars.
18th November 2019 16:54:09 UTC - 3 weeks ago
Bitfinex BTCEUR @ 7629.20000000
Bitstamp BTCEUR @ 7601.24000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00435347 BTC with a 0.4828% return
Bitcoin Trade Size
This earns a profit of 0.0500649 BTC when you auction 11.5 bitcoin of BTCEUR at Bitfinex at the market price of 7,629.20 and buy the exact size of 11.5 BTC of BTCEUR at Bitstamp priced at 7,601.24 yielding a $421.59 gain with bitcoin positioned at 8,421 USD per one bitcoin. Presently you will want to look at this more, this will return a profit when done to the tune of 0.0043535 for every 1 bitcoin.
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 18th November 2019 16:54:09, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.