Our 12th update on Bitfinex BTCUSD to Binance BTCTUSD since 25th October 2019. Bitfinex's BTCUSD and Binance's BTCTUSD match up reached a seven day high on the 4th November 2019 marking an overall 86.36% decrease from the 90 day high of 764, signaling a spread of -659.77 over 10 days, the combination currently is spread at 13.13 as of 6th November from 17:15:03 looking at profit of 0.00219975 bitcoin with every one BTC traded. Since we began we have witnessed a spread high of 764 since the beginning of November. In the last 24 hours the spread reached a high of 43.49 meaning -831.51 shortening this year making a 95.0% change of that previous height. Bitfinex's BTCUSD and Binance's BTCTUSD combination pairs is positioned 33rd currently. This spread isn't looked upon as a premium change, and not profitable like HBDM BTC_CQ to Bitfinex BTCUST and Bitfinex ETHBTC to Bitmex ETHZ19 which should be investigated.
6th November 2019 17:15:03 UTC - 1 week ago
Bitfinex BTCUSD @ 9325.00000000
Binance BTCTUSD @ 9311.87000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00219975 BTC with a 0.22% return
Bitcoin Trade Size
This pays a profit of 0.0410621 bitcoin if you put up 18.6667 bitcoin of BTCUSD at Bitfinex at the price of 9,325.00 and buy the duplicate quantity of 18.6667 BTC of BTCTUSD at Binance priced at 9,311.87 providing a 382.29 USD profit with the current price of bitcoin set at 9,310 USD. Presently the advice is to to look more seriously at this pairing, this will return a profit if performed to the amount of 0.002200 per one BTC. With the data returned indicates that the profits would be risky causing doubt to proceed when you look at outgoings, and when you have the availability of Bitfinex ETHBTC to Bitmex ETHZ19 resulting in 0.02033782 BTC profit per one bitcoin now.
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 6th November 2019 17:15:03, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.