On the 12th April 2019 we started supporting of Bitfinex and Bitstamp's BTCUST and BTCUSD arbitrage combination, presently you can get 0.27% return executing this trade as it is momentarily holding decent since Wednesday, the match currently is spread at 11.8 from 12:01:51 today with a profit of 0.00270637 BTC for every 1 bitcoin traded. Since tracking started we have seen the range height of 96.7 in the past month. In the last 24 hours the spread reached a high of 42.59 resulting in a -855.01 short from the year high marking a 95% shortening of that previous height. Bitfinex and Bitstamp's BTCUST and BTCUSD is placed 56th from a catalog of 238 spreads we monitor. This arbitrage opportunity should not be considered superb development, and nowhere near HBDM BTC_CQ to Bitstamp BTCUSD and Binance ETHUSDT to Kraken XETHXXBT which should take your cash.
21st November 2019 12:01:51 UTC - 3 weeks ago
Bitfinex BTCUST @ 7875.70000000
Bitstamp BTCUSD @ 7864.50000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00270637 BTC with a 0.27% return
Bitcoin Trade Size
This represents an income of 0.02300415 BTC when you spend 8.5 BTC of BTCUST at Bitfinex at the current price of 7,876.30 and order the duplicate volume of 8.5 bitcoin of BTCUSD at Bitstamp for 7,864.50 providing a 181.22 USD profit with bitcoin trading at $7,878. Our recommendation is to inquire this arbitrage pairing more, this will return a profit if executed to the sound of 0.0027064 for every 1 BTC. The advice indicates that the profits will be meager causing obvious doubt to proceed especially when given the profits presented by Binance ETHUSDT to Kraken XETHXXBT providing 0.02138168 bitcoin profit per one BTC as of 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 21st November 2019 12:01:51, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.