On the 12th April 2019 we enabled capturing of Bitfinex's and Bitstamp's ETHUST to ETHUSD arbitrage opportunities, today there is an available 0.37% return running this recommendation as it is currently holding fair this week, the match is sitting at 0.26 as of 3rd February from 11:04:51 looking at profit of 0.00007386 bitcoin with every one bitcoin spent. Since tracking begun we have viewed this spread topping off at 2.33 since the 1st of February 2020. In the last 24 hours the spread reached a high of 0.81 meaning -52.39 short this year creating a 98.5% shortening from that spread. Bitfinex and Bitstamp ETHUST to ETHUSD is 142nd currently. This arbitrage combination isn't a crazy activity, and not profitable like HBDM BTC_CQ to Bitfinex BTCF0:USTF0 and Bitmex XBTM20 to Binance BTCUSDT with it being more appeal.
3rd February 2020 11:04:51 UTC - 4 weeks ago
Bitfinex ETHUST @ 188.61000000
Bitstamp ETHUSD @ 188.41000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00007386 BTC with a 0.37% return
Bitcoin Trade Size
This provides a profit of 0.00317598 bitcoin when you leverage 43 BTC of ETHUST at Bitfinex at the market price of 188.62000000 and buy the same amount of 43 BTC of ETHUSD at Bitstamp for 188.36000000 giving a 29.67 USD gain with bitcoin fixed at 9,342 USD. We propose you look at this more, as it would return a profit when carried out to the amount of 0.000074 for each 1 BTC. With the information on hand indicates that the profits will be poor rendering it not worthwhile if you factor in exchange and transfer fees, and, notably considering the option of Bitmex XBTM20 to Binance BTCUSDT giving 0.03698352 BTC return per one bitcoin for the time being.
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 3rd February 2020 11:04:51, 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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