Our 15th update on Bitfinex's and Huobi Pro's BTCUSD to BTCUSDT since 29th November 2019. Since the 6th August 2019 we have been capturing market data of Bitfinex's BTCEUR and Bitstamp's BTCEUR combination pairs spread, currently you can get 0.57% return executing this trade as it is currently displaying reliable since Thursday, the combination currently is spread at 29.1 at 21:43 today with a profit of 0.00520850 bitcoin for every one bitcoin spent. Since we began we have viewed this pairing topping off at 172.47 in the past month. In the last 24 hours the spread reached a high of 47.8 meaning -187.37 decrease from the year high making a 79.7% reduction. Bitfinex and Bitstamp's BTCEUR and BTCEUR is positioned 22nd currently. This arbitrage opportunity isn't treated as a special change, and not the same as Bitfinex BTCUSD to Bitfinex BTCF0:USTF0 and Bitmex ETHUSD to Poloniex BTC_ETH which should take your attention.
1st December 2019 21:43:15 UTC - 32 weeks ago
Bitfinex BTCEUR @ 6735.00000000
Bitstamp BTCEUR @ 6705.90000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00520850 BTC with a 0.57% return
Bitcoin Trade Size
This harvests an income of 0.1041700 bitcoin if you sell 20 BTC of BTCEUR at Bitfinex at the price of 6,735.00 and order the matched quantity of 20 bitcoin of BTCEUR at Bitstamp for 6,705.90 providing a 767.80 USD gain with BTC stable at $7,371. We would advise probe this arbitrage pairing more, this will return a profit when performed to the tune of 0.0052085 to each one BTC.
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 1st December 2019 21:43:15, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.
Market Capitalization is an old principle that rules most trading platforms. It applies to cryptocurrency as well, as cryptocurrency is always looking for new ways and tools to enhance the performance of its users.