Since the 21st May 2019 we have been covering Bitfinex and Binance's BTCUSD and BTCUSDC arbitrage opportunities, currently you can get 0.2570% return running this trade as it is momentarily displaying reliable return since Tuesday, the pairing is positioned at 18.98 at 05:45 today with a profit of 0.00256656 bitcoin with every one BTC traded. Since we began we have verified a pairing high of 54.67 in the past month between Binance and Bitfinex. In the last 24 hours the spread reached a high of 38.16 resulting in a -867.84 decrease this year providing a 96% reduction. Bitfinex and Binance's BTCUSD and BTCUSDC is positioned 45th from 243 positions. This arbitrage spread isn't superb activity, and not in the same league as HBDM BTC_CQ to Binance BTCUSDT and Bitmex XBTM20 to Binance BTCUSDT with it being more appeal.
6th February 2020 05:45:10 UTC - 3 weeks ago
Bitfinex BTCUSD @ 9649.60000000
Binance BTCUSDC @ 9630.62000000
Captured Bitcoin Price
Profit Per 1.00000000 Bitcoin *
0.00256656 BTC with a 0.2570% return
Bitcoin Trade Size
This pays a profit of 0.0975 bitcoin if you auction 38 BTC of BTCUSD at Bitfinex at the current price of 9,649.60 and order the corresponding amount of 38 BTC of BTCUSDC at Binance for 9,630.62 meaning a $939.84 net gain with BTC holding at $9,639 per one BTC. We propose you to look more seriously at this pairing, as it would result in profit when performed to the amount of 0.0025666 to each 1 bitcoin. The advice would be points that the profits will be poor placing doubt to proceed if you pay exchange and transfer costs, and, notably when faced with the opportunity of Bitmex XBTM20 to Binance BTCUSDT returning 0.05115791 bitcoin profit per 1 BTC 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 6th February 2020 05:45:10, the material is intended for use as a historical report and for archiving purposes. If you require financial assistance then please contact a professional.